BUSINESS

China and India See Services PMI Drop in April

Two fast growing economies, China and India, saw their services PMI slump significantly in April. Certainly, it is not good news as indeed these two countries with other Asian nations have been driving the growth of the global economy - nothing to sneeze at. The findings by HSBC Holdings show, however, that India and China will face more challenges on their growth road.

Is BHP A Buy?

By Peter Switzer, Switzer Super ReportJust when many Australian investors ? and in all likelihood many of our SMSF subscribers ? are thinking BHP Billiton ((BHP)) must be looking like a buy, one expert for my TV show and this newsletter, Roger Montgomery suggested that the share price could fall int...

70 Mega Rich Aussies Didn’t Pay Taxes in 2012

There were 70 super rich Australians who earned in 2010-11 at least $1 million each but did not pay income taxes in 2012. Among the 70, their total earnings reached $194 million but because of tax reduction strategies used by their accountants, they reduced their total taxable income to $20,000 each.
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RBA Joins The Currency War, Sort Of

By Greg Peel"The exchange rate has been little changed at a historically high level over the past 18 months, which is unusual given the decline in export prices and interest rates during that time".

Australian Stock Market Report – Midday 5-6-13

The Australian sharemarket is higher thanks to a better than expected US jobs on Friday, however a portion of the gains were wiped out due to a weaker than forecast retail spending report. The All Ordinaries Index (XAO) is up 1.1 per cent or 54.4 pts to 5159.8. The mining sector is the standout at lunch thanks to a strong rise in commodity prices, in particular copper which jumped by 6.2 per cent.

Nexus 5, Nexus 7 & Nexus 10: Which Brand Should Make the New Nexus Device? [Videos]

Five of the best brands have released their remarkable design across the Android history and Google is now developing their next Nexus line up. HTC, LG, Motorola, Sony and Samsung have individual trademarks on every device they made and it is so exciting to know which among them will be chosen to complete the future of Google Nexus.

Android 4.3 New Features Bluetooth LTE and OpenGL ES 3.0 Teased by HTC

Android 4.3 Jelly Bean will seem to roll out after the Google I/O conference this May 15th and speculations of new features with the upcoming Android version leaked out. HTC teases two new technologies rumoured to appear on Android 4.3 - the Bluetooth Low Energy and OpenGL ES 3.0.

Techies Pick Top 5 Android Smartphones

For people deciding to replace their old Android smartphones, making a choice is now more difficult as new models are coming out one after the other with features so enticing.

Australian Stocks: What Happened Today?

By Ashley Jessen, director of LearnCFDs.com and author of CFDs Made SimpleDespite an extremely healthy lead from the US bourses overnight and an incredible day for our banking sector, our S&P/ASX 200 was unable to inspire any upside remaining flat for the day, down 0.

Australian Stock Market Report – Afternoon 5-3-13

The Australian sharemarket improved for the second consecutive week, albeit only modestly. The All Ordinaries Index (XAO) edged higher by 0.5 per cent over the five past days and finished largely flat today.

Australian Stock Market Report – Midday 5-3-13

The European Central Bank's (ECB) first rate cut in 10 months overnight is encouraging buyers on the local market for the third time this week. The All Ordinaries Index (XAO) is up 0.3 per cent, taking the gains this week to 0.76 per cent. Monthly non-farm payrolls tonight in the US will keep investors on edge for the next 10 hours. The creation of around 150,000 is now expected by the market for April.

Australian Dollar Outlook - 5-3-13

The Australian dollar has edged slightly higher overnight following the European Central Bank's decision to cut its key interest rate and the release of better US economic data.

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