BUSINESS

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.
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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.

Global Markets Overview - 5-3-13

With the FOMC and ECB meetings out of the way now, investors will be encouraged to see central banks remaining committed to stimulating the global economy. There has been increasing pressure on the ECB and BoE to join other major central banks in conducting easing measures.

Australian Stock Market Report – Morning 5-3-13

n US economic data, claims for unemployment insurance fell by 18,000 to a five-year low of 324,000. The trade deficit fell from $43.63bn to $38.83bn as a 2.8pct fall in imports outpaced a 0.9pct fall in exports. Productivity grew at a 0.7pct annual pace in the first quarter, short of forecasts for a 1.2pct gain.

Australian Stock Market Report – Afternoon 5-2-13

The Australian share market closed lower for a second session today, as weakness from US markets and a fall in commodity prices impacted sentiment. Investors were also unwilling to take on too much risk ahead of the European Central Bank meeting later tonight.

China Cyber Hacking the U.S. for 5 Years, Report Confirms

QinetiQ North America (QQ) a world leading defense technology and security company providing satellites, drones and software services to the U.S. Special Forces deployed in Afghanistan and Middle East suffers humiliation as intelligence officials confirmed that China was able to steal the U.S. classified documents and pertinent technological information - all this because of QinetiQ's faulty decision-making.

Most Unsung Heroes of Business

Often unknown and forgotten unsung heroes have repainted the picture of the world. We can find most unsung heroes in almost every field of human history, including business. Those most unheard heroes have changed it seeking neither applause nor reward, often staying in a shadow, giving room to others.

Can Copper Find A Low?

By Jonathan BarrattAs we mentioned last week when you have a metal that is trading just above its cost of production there is bound to be some form of response.

US DoD, Pentagon Explores Samsung, Apple Devices for Better Networking Strategy

The U.S. Department of Defense (DoD) has just spiced up the raging smartphone war between Samsung Electronics Co. and Apple Inc., with Blackberry sure to be a potential casualty of war, as the Pentagon announced it is currently working to award separate security approvals to the two companies as part of a wider plan to improve its communications network.

Australian Stock Market Report – Afternoon 5-1-13

The Aussie market failed to make it three straight days of gains, with a slightly worse than expected Chinese manufacturing report together with profit taking slamming the breaks on the improvements. The All Ordinaries Index (XAO) slipped by 0.5 per cent, wiping out close to half of yesterday's gains.

Australian Stock Market Report – Midday 5-1-13

Local shares are slipping for the first time this week despite firmer global markets overnight. A lower than expected reading for China's official manufacturing PMI has kept investors in a selling mood. The All Ordinaries Index (XAO) is down 0.3 per cent or 18 pts to 5,150.6.

HTC Thunderbolt: Employee Apologizes for the Smart Phone’s Poor Performance [PHOTOS]

HTC must be pleased to hear the positive feedbacks now surrounding the recently launched HTC One smart phone after the unsuccessful HTC Thunderbolt release with owners complaining about poor battery life and performance as well as incompatible update cycle. Though it is not an official statement from HTC, an employee bravely acknowledged the Thunderbolt issue and apologized on the social news and entertainment web site “Reddit.”

Android 4.3 Jelly Bean Version Tested on Nexus 4, Nexus 7, Nexus 10 [Video]

Android 5.0 Key Lime Pie seems to suffer several delays after rumours had spread regarding its upcoming debut on Google I/O event. As fans worldwide anticipate its arrival, another version of the Jelly Bean has been detected carrying the assigned number - Android 4.3. Is this the "Ultimate Jelly Bean" of the Android OS?

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