The Australian share market is hovering at 5 year highs at lunchtime in the East on Thursday, following a spectacular night for US stocks which saw the Dow Jones Index close at a record high.
The popular adage that in life the only permanent things are change and death could possibly be altered if tech giant Google would succeed in its ambitious venture to solve death.
By Greg PeelIn the past two months, the US economy has shed 347,000 jobs, notes the UK Telegraph's Ambrose Evans-Pritchard, roughly comparable with the rate of loss seen post-GFC.
BlackBerry unboxed on Wednesday the Z30 smartphone, hoping the device would boost the finances of the ailing Canadian company, which is set to lay off 40 per cent of its employees by yearend.
BRW Magazine released on Wednesday its 2014 Young Rich List for Australia which was topped by two software entrepreneurs who established the company Atlassian, now valued at $550 million.
With Tourism Australia pushing for Australian wine and food through the Restaurant Australia campaign and official government statistical data confirming more wine exports to China, it is little wonder that beer drinking in the country down under is going down.
By Greg PeelThe Dow rose 147 points or 1.0% while the S&P gained 1.2% to 1725 and the added Nasdaq 1.3%.
I was in Uruguay and then Buenos Aires, Argentina, last week. I met with a variety of interesting people on my trip. One of them is a guy who writes a blog from Buenos Aires, OfWealth.com, under the pen name 'Marco Polo'.
At the close, the All Ordinaries Index (XAO) eased by 0.3 per cent ahead of the Federal Reserve's statement on monetary policy tomorrow morning. The two biggest sectors of the Australian market (the miners and financials) headed in opposite directions and played a balancing role for local equities.
In some good news for the agriculture sector in Australia, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) says the country’s gross value of farm production is expected to achieve a record of $49 billion in 2013-14.
Apple confirms iPhone 5s and 5c Sept 20 release date.
Investors are sitting on the sidelines ahead of tomorrow morning's US central bank update on its stimulus strategy. The All Ordinaries Index (XAO) is down 0.3 per cent, however still is hovering around five-year highs. Local stocks have improved over seven of the past eight sessions. Global markets moved negligibly overnight and interrupted trade in the region is also keeping a lid on trade.
Apple iPad Mini is used to try a mobile app which will allow police to issue tickets
Here is a list of countries which the U.S. government has limited or no trade with.
It was a relatively quiet day on the stock market. The S&P500 backed off a little, but it's had a pretty good run lately. We've been telling our subscribers that the market is set up for either a meltdown or a melt-up. We're sitting in the meltdown camp.
Big moves happened overnight. In fact, if you go by betting website Paddy Power's numbers, the moves were so big they had to shut down the entire market.
Microsoft announced on Wednesday a $119.99 price for the Windows 8.1 OS for people who are still running older versions of Windows. It applies to computers using Windows XP, Windows Vista and Windows 7.
By Peter Switzer, Switzer Super ReportCall me old fashioned but I love the 7% plus play and I always think of this when, like now, a lot of experts are talking about "rotation".
FNArena is surveying investor sentiment in Australia in an effort to generate, over time, a guage similar to the AAII Investor Sentiment Survey in the US.
By Greg PeelThe Dow closed up 34 points or 0.2% while the S&P gained 0.4% to 1704 and the Nasdaq added 0.
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) forecasts that the country's beef and veal exports will go up 6 per cent while dairy exports will increase 15 per cent.
There would be one less porn magazine on newsstands as FriendFinder Networks, publisher of Penthouse magazine, filed for Chapter 11 bankruptcy on Tuesday.
Local shares edged higher today, to make it seven wins in eight trading sessions. The All Ordinaries Index (XAO) improved by a modest 0.1 per cent, hitting a fresh five-year high. The ASX200 index has now closed above 5200pts for six trading sessions (June 2008 was the last time this happened).
Apple is already testing iOS 7.0.1, iOS 7.0.2, and iOS 7.1 ahead of the iOS 7 release date
Monsignor Nunzio Scarano, a suspended Vatican official who was arrested in June on money-laundering charges, told prosecutors that his office, the Administration of the Patrimony of the Apostolic See (APSA), has handled and provided financial services for outside clients.
Buying Samsung (SSNLF.PK) stock appears more attractive than buying Apple Inc. (NASDAQ:AAPL) stock
The Australian dollar and New Zealand dollar climbed to their respective month highs as investors became cautious ahead of the scheduled 2-day policy meeting of the US Federal Reserve which is expected to begin the slowdown of its massive stimulus program.
Australia’s communication authority has issued a formal warning to leading mobile service operator Telstra for incorrect billing of a large number of international data roaming customers.
Xiaomi Inc, inarguably Apple Inc's toughest competitor yet in China, has introduced the Mi3 smartphone handset along with an accompanying video.
Despite a negative start influenced by generally weaker commodity prices, Australian stocks are holding near five year highs at lunchtime in the East.
