BUSINESS

One of the more volatile weeks in recent memory is coming to a close and investors are helping push the market higher. The All Ordinaries Index (XAO) is up 0.9 per cent. The dollar value of shares changing hands is remaining a little light though, due to the closure of US markets last night (Independence Day holiday).

China markets stabilised on Monday as policymakers offered reassurance that there is ample liquidity in the financial system, bringing to a close June's record credit squeeze which raised fears that China's years of relying on debt to finance massive projects are coming to an end.

Google has killed their Reader officially. The application previously provided people a way to access their RSS feeds. While RSS feeds has become an important part of people’s lives especially those demanding news and information from different portals, Google decided that Google Reader is no longer worth keeping. Here is a list of the ten reasons why the company has done a great job doing so.

Toshiba is not playing safe when it comes to their line of computing products. While some companies are looking into capitalizing on mid-range products, Toshiba has sets its sights on a high end offering. The company recently unveiled their line of ultrabooks called Kira.

By Andrew NelsonBack in 2010, the traditional price gap of West Texas Intermediate crude over Brent Crude closed from around US$2 as Canadian oil started to arrive at the WTI Cushing storage facility.

Kanebo, the Japanese cosmetics manufacturer, confirmed on Thursday that they will recollect the skin whitening products from different countries in Asia after receiving complaints about skin damages such as white patches and uneven colouring. The company believes that their exclusively developed 4HPB substance causes the damage to the user’s skin.

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

NBN Co meets the June 30 rollout target but failed to deliver satisfactory service

By Greg PeelWall Street was closed last night for the Independence Day holiday.With President Morsi now deposed and the army in charge, tensions have eased in Egypt.

Speaking at the last leg of his weeklong Africa tour, U.S. President Barack Obama on Monday called for stronger and more effective economic partnerships with Africa, one that would help sustain the region's fast growing economic growth while extending the benefits to as many people as possible.

The Australian share market continued its volatile run today, rebounding from yesterday's losses to end the session higher by more than one per cent.

Brazil remains one of the world's strongest housing markets, though house price increases are decelerating sharply. Brazil's composite FIPEZAP house price index rose by 11.9% (5.1% inflation-adjusted) during the year to end-May 2013, lower than the year-on-year increase of 19.9% seen over the same period last year.

Intel is the leading tech giant because of the company’s ability to pack excellent computing performance in transistors or processors that seem to decrease in size by the day. Even when computing devices shifted from huge desktop computers to small and slim ultrabooks, Intel manages to create a chip that is just right.

Shoppers at Woolworths' newest supermarket in Woolloomooloo, Sydney don't have to rush when doing their grocery anymore. The retail giant has dramatically cut their exorbitant parking rates after customers complained that the $65 fee was too much.

Motorola comeback is happening real soon after the company produced an advertisement of Moto X phone which will be available in major U.S. network carrier. Moto X would be the first smartphone customisable, designed, engineered and assembled in the U.S. with 1.7GHz dual-core Snapdragon CPU and 10MP camera.

Android 5.0 Key Lime Pie is expected to be released in October 2013 and reports say that the upcoming software version will support older and low-cost devices to prevent fragmentation between Android smartphones and tablets.

The Australian share market is back in the black in early trade on Thursday, following a volatile week where we have seen significant gains and losses.

The Australian Dollar is slightly weaker following comments by RBA Governor Stevens made in yesterday's Asian time zone.

Two more people have died from the dreaded SARS-like Middle East Respiratory Syndrome Coronavirus (MERS-CoV) in the oil-rich nation Saudi Arabia, according to the country's health ministry on Wednesday. The latest deaths now bring to 36 so far the casualties from the fatal disease in the kingdom.

Apple, Microsoft, Samsung and Blackberry are battling it out for M2M supremacy. Handling business and personal data has become important for people, and increasing mobility and convenience of computing device are helping individuals do so. Analysts predict that the era of personal computers is almost over and more compact devices like ultrabooks and tablets will take centre stage.

Markets regained some ground in US trade with event risk ramping up as we approach the business end of the week. Sentiment had remained subdued in European trade with the key issues being Portugal's political issues, Greece's bailout drama and a level of cautiousness ahead of the ECB. In US trade, sentiment picked up on the back of a much better than expected ADP non-farm employment change print. The reading showed 188,000 jobs were created versus estimates of around 161,000. Unemployment ...

Following the trail of a recent immigration bill backed by U.S. President Barack Obama and the Senate, Australia has passed a similar bill that enforces a provision for foreign firms to advertise and prove a need for skilled workers before a visa issued.

By Michael Lombardi, MBA for Profit ConfidentialGold bullion prices are taking a hard hit. Headlines are blaring with negativity, and bears continue to say the precious metal is useless.

FPT is taking advantage of the smartphone development trend. FPT just released the Lenovo S920 – a smartphone featuring a 5.3-inch HD display, quad-core microprocessors, including 1GB of RAM. With the race on smartphone supremacy, can the new Lenovo mobile device beat the likes of Apple’s iPhone 5 and Samsung Galaxy S4?

Oil prices rose to a nine-month high as Asian stocks took a beating and social unrest in Egypt led to uncertain global economic outlook. The sell-off in Asia and Australia ensued after President Mohammed Morsi of Egypt held on to his position despite calls for a resignation. The army had also threatened the President that it would consider the constitution null and void.

In US economic news, ISM non-manufacturing survey eased from 53.7 to 52.2 in June- the lowest level since Feb 2009 and does suggest that momentum in the US economy is slowing. Interestingly the employment sub-index recorded a healthy improvement. The labour market remains the key.

By Jonathan BarrattAs we mentioned at the beginning of the Bulletin, oil prices have taken out significant levels of resistance on the back of concerns in Egypt.

Although some of Australia's numbers are down, such as its currency now trading at U.S. 90 cents, others are improving, particularly its trade data. The Australian Bureau of Statistics reported on Wednesday that the country's balance of trade registered a surplus of $670 million in May, up from $171 million in April. The fourth straight monthly surplus was because exports went up 4 per cent while imports rose only by 2 per cent.

On the eve of Independence Day celebrations in the U.S., Motorola attempted to appeal to the patriotic spirit of Americans by coming out with ads in major dailies hyping the fact that the smartphones made by the tech firm are made in the U.S.