BUSINESS

Apple Losing Out the War in China, Growing Domestic Tablet Makers Outbump Ipad Market Share

Apple Inc’s once “sought-after” status is no more, at least in China. What used to be a 49 per cent dominance in China’s market for tablets in the second quarter of 2012 has slipped to 28 per cent in the same quarter this 2013. The culprit? The growing domestic tablet makers. After all, the Chinese being stingy aren’t known for nothing.China’s technology savvy consumers have resorted to buying cheaper tablets that uses the Android operating system of Google, a trend first seen among smartp...

Facebook’s Next Plan: Internet for All

Facebook joins hands with Nokia, Samsung Electronics and Qualcomm among others in order to make the Internet accessible for all. Mark Zuckerberg, Facebook CEO, announced the same Tuesday on his FB page.
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HTC One Leads List of 5 Best Android Phones (VIDEOS)

The Taiwan-made HTC One has been topping the list of tech reviewers since it was released in the market because of its game-changer features, although it has also been criticised for its irreplaceable battery and being difficult to fix.

New Zealand Company GoogleDirectory Under Investigation

Kiwi company GoogleDirectory is under investigation by the Auckland Police. The Internet directory service, which is not connected with the Web heavyweight Google, is the subject of several fraud complaints from businesses.

Australian Stock Market Report – Midday 8/21/13

The Australian sharemarket is a little higher after a 0.6 per cent slump yesterday. The All Ordinaries Index (XAO) is up 0.2 per cent. Most sectors are higher; however significant weakness in the mining and energy sectors is holding the market back.

The Overnight Report: Wall Street Tries To Stabilise

By Greg PeelThe Dow closed down 7 points while the S&P gained 0.4% to 1652 and the Nasdaq added 0.4%."On balance, with growth expected to remain below trend for longer and inflation to remain within the target even with the effects of a lower exchange rate, members concluded that a lower level of th...

Australian Stock Market Report – Afternoon 8/20/13

After a flat start to the week, the Australian market lost ground, with the All Ordinaries Index (XAO) falling by 0.7 per cent and finishing well below 5100.0. It was always going to be challenging to buck the trend from last night, with both US and European equity markets losing ground. The Dow Jones Industrials fell by 0.5 per cent overnight, dropping for the 12th time in 16 sessions.

Australian Stock Market Report – Midday 8/20/13

The Australian share market has come under selling pressure at lunchtime in the East, after Wall Street recorded another session of losses overnight and insurer QBE Insurance (QBE) missed expectations with its earnings result.

Uranium Sags Once More

By Greg PeelIt is not always easy to push a large order through an actively traded, exchange-listed market without having an influence on the price in that market.

Australia’s Economy: Complex, Fragile or Centralised?

Complex things are more fragile, says Nassim Taleb, author of the books The Black Swan and Antifragile. Your computer and its misbehaviours are daily proof. You can click on the same button as yesterday only to get completely different results. And encoded error messages are absolutely no help.

Good News is Bad News for the Stock Market

Equity markets have survived the last few years on the mantra that 'bad news is good news'. Each time GDP slowed, unemployment rose or confidence crumbled, stocks surged.

Floods Inundate Philippine Capital, Nearby Provinces (PHOTOS)

The Philippine government was forced to suspend offices and classes in 14 provinces, including in the capital Metro Manila, as tropical storm Maring (international name: Trami) maintained its strength and continued to enhance the southwest monsoon early Monday. The state forecasting weather agency has advised the 14 provinces to brace for severe flooding.

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