BUSINESS

They’ve Gone Big In Japan

Well here we go. Japan is once again boldly leading the way into the undiscovered monetary country. Desperate to engineer faster economic growth by any means necessary, new Bank of Japan (BoJ) governor Haruhiko Kuroda announced his attention to double Japan's monetary base to around $3 trillion by the end of 2014.

Samsung Enjoys High Operating Profit in Q1

Newest data by Samsung Electronics Co. showed that the South Korean producer saw its profit climb significantly in the first quarter of the year as sales of mid-tier handsets surged especially in emerging markets. Strong sales of smartphones are expected to be recorded in the period ending June.
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Buying Dead Flowers

By Richard (Rick Mills), Ahead of the Herd As a general rule, the most successful man in life is the man who has the best informationInstitutional investors tend to prefer investments that are thought to contain the potential for growth, growth = sprouts.

Australian Stock Market Report – Afternoon 4-5-13

The Australian share market was unable to ride on Wall Street's coattails today, finishing lower for yet another session, and losing 1.6% over the course of the week. That's reduced the yearly gains for the All Ordinaries Index (XAO) to just over 5%. It was the fourth consecutive week the Australian share market finished in the red.

Bank of Queensland Told to Refund Customers $12M

The Australian Securities and Investments Commission (ASIC) has ordered the Bank of Queensland to refund a total of $12 million to some 6,000 customers following the over computation of interest on home loans due to a system error.

Sydney Train Commuters Advised to Brace for Travel Delays

Train commuters coming from the northern side of Sydney going into the central district and vice versa have been advised to squeeze in extended time in their travel itineraries after the Newcastle and Central Coast Lines got partially closed due to "urgent overhead wiring repairs."

Australian Stock Market Report – Midday 4-5-13

Local stocks are once again in the red, despite gains on Wall Street overnight and the Nikkei rising more than 4% on open following aggressive stimulus announced yesterday by the Bank of Japan.

Mark Zuckerberg Owes Uncle Sam $1B in Tax Bills [PHOTOS]

Facebook founder and Chief Executive Officer Mark Zuckerberg could be facing a $1B in tax bill as he files his 2012 tax return at the IRS this year. The staggering amount result from Zuckerberg’s move to go public in May last year to increase his stake in the world’s first successful social media company.

How Economists Practice Economics of the Moron Class

It takes an economist to say something so stupid that the whole world is dumber for having heard it. Put a group of economists together and ask them what they think about government spending and you get a colossal stupidity that instantly makes the whole nation stupider.

Facebook Home Launcher: What's Hot and What's Not [Videos]

Mark Zuckerberg, CEO of Facebook wasn't lying about the "no Facebook phone" and instead released the first Facebook Home Launcher which is a software for Android, putting social networking on front and at the centre. What is Facebook Home and how does it work?

BOJ Stuns, Mixed Messages From US Fed

Central bank round-upBy Kathleen Brooks, Research Director UK EMEA FOREX.comCentral banks came to the fore today ? the BOJ stunned the market with its aggressive easing, the ECB's hands remain tied, the BOE stayed on hold and some Fed speakers reinforced the importance of today's NFP repor...

Zynga Enters Gambling Sector

Zynga Inc. had been looking to solve its problem and it seems that it finally found a way. The famous online game publisher finally informed that it would ingress the real-money gambling sector in the UK. Is this the end of Zynga's problems?

Australian Stock Market Report – Afternoon 4-4-13

Local stocks followed Wall Street and European markets into the red today, as political jitters over North Korea and weak global economic data weighed on sentiment. The All Ordinaries Index (XAO) closed near its lows of the day, down almost 1%.

Australian Stock Market Report – Midday 4-4-13

As expected, the Australian market is losing ground following weakness from global equities overnight. The All Ordinaries Index (XAO) is down 0.6 per cent to 4937.4 at lunch. With only a day of trade remaining this shortened trading week, local share have slipped by around 0.9 per cent over the past four sessions.

Worrying Signs (Again) For US Stock Markets

ADP and ISM data misses deal mild blow to USDBy Kathleen Brooks, Research Director UK EMEA FOREX.comThe problem with this US recovery and stock market rally is that no sooner are you lulled into a false sense of security that the economic recovery will continue then a data point reminds you that the...

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