BUSINESS

Sideline Casualties in the Currency War

Let's begin this week's reckoning with some lip service for the performance of the S&P 500. America's big blue chip index was up 10% in the first quarter. It made a new all-time high late last week when it closed at 1569. It took six long years from the 2007 high until now. But we made it!

Australian Stock Market Report – Midday 4-3-13

Despite a slightly stronger start to the session for the 2nd day running (something which hasn't happened in 4 weeks), the All Ordinaries Index (XAO) is 0.2 per cent or 8.6 pts lower to 4986.9. Shares slumped by 2.7 per cent in March, making it the worst month of trade since May 2012.

Is This the Nokia Lumia 950? (LEAKED PHOTO)

Amid speculations that Nokia will roll out the Lumia 928 in April on Verizon Wireless, Techno Buffalo cited on Wednesday an WPCentral report that the successor to the Lumia 928 and 920, the Lumia 950, is coming out soon.

Wraith of Triple Dip Recession in UK Averted, BCC Says

The British Chamber of Commerce (BCC) has informed that there is a high probability that the wraith of a triple dip recession was averted owing to strong exports in the first three months of 2013. However, it was underlined that any recovery would be probably slow and modest.
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Material Matters: Oil, Bulks And Platinum

-Oil prices retreat. For how long?-Iron ore, coking coal underpinned-Thermal coal under most pressure-Platinum supportedBy Eva BrocklehurstAverage oil prices retreated in March after several months of rises.

China Air Pollution-Linked Deaths Reach 1.2 Million

The numbers tell a story of China's growing air pollution menace. Claiming 1.2 million lives so far, the data from a new scientific study looking into the leading causes of death worldwide, China's latest figure accounted for 40 per cent of the world's total number of deaths.

Australian Stock Market Report – Midday 4-2-13

The Australian sharemarket is improving despite a flat finish in the U.S and an uneventful evening in Europe. Markets in Germany, France and the U.K were closed overnight due to the Easter break.

HTC One X Earns Impossible to Repair Tag from iFixit

With the polycarbonate unibody and Gorilla Glass screen of the HTC One X, the device has earned a reputation as a very durable unit, but its strength could be the gadget's weakness also as repair Web site had labeled it a unit that is impossible to fix.

Facebook, Twiiter Hitting China April Fool's Joke Angers Chinese Netizens

The fact the con announcement made no less by Kai-Fu Lee, former head of Google China, was reposted 30,000 times by early Monday evening, was a testament of the hunger the Chinese netizens have for the outside world. But alas they knew it late that Mr Lee had just played an April Fool's day prank on them, one that further fuelled the already contained anger and resentment against Chinese internet censorship.

Samsung Galaxy Note 2: No Recharge Needs Within Six Months

Battery has been always a problem for any smartphones no matter how high-end it is. Galaxy Note 2 users who are heavy on games and internet will not even be satisfied with 3100 mAh. So how to make your Samsung Galaxy Note 2 lasts for six long months without recharging it?

A Calmer Month For Uranium

By Andrew NelsonMarch was a mild and somewhat positive month for uranium, with producers hoping TS Elliot is wrong in his claim that April is the cruellest month.

Cheap Battery Causes Nexus S Phone’s Explosion

Mashable reported another case of an exploding smartphone involving the Nexus S model. However, it was not a manufacturing defect, but the fault of the owner who opted to use as a spare unit a cheap battery.

China Manufacturing Activity Improves in March

As it was widely expected, China's manufacturing activity improved in March adding to signs of the much-anticipated economic recovery in the Asian dragon. Even though China witnessed an expansion in its factory output, analysts expected a bigger increase.

Aussies Moving in Record Numbers to Perth

Western Australia's population is almost 2.5 million people as Aussies flock in significant numbers to this state. In the past 12 months to the end of September, almost 82,000 people were added to the headcount in WA, equivalent to a 3.4 per cent population growth rate.

South Korea Cuts its Growth Forecast as it Plans Stimulus

As it was widely anticipated, South Korea revised down its growth forecast for 2013 as the country's exports suffered from decreasing global demand and the weakening yen. Moreover, the government of South Korea plans further stimulus to revive the economy.

London Puts an Eye on Business

Back in the nineteenth century, Benjamin Disraeli, once the UK Prime Minister, said: "London is a modern Babylon." Time passed, yet the Prime Minister's allegation is still up to date. Once you visit London, you will not only feel that it is full of tourists from all around the globe as it is full of historic and cultural heritage but you will inhale the air sated with the international business and unlimited possibilities.

BP & Partners are to Invest $500m in North Sea’s Clair Field

On the 28th of March, it was made public that an oil consortium led by BP Plc would plow as much as $500 million in an appraisal drilling project in the Clair field near Shetlands Islands. The investment is expected to bring many benefits to North Sea oil sector.

Japan Witnesses Contraction in Factory Output in February

Official data showed that Japan witnessed a surprising contraction in factory output in February. The released figures highlighted a huge task ahead of the new government of the world's third economy. The government will have to work by the sweat of its own brow to get out of economic stagnation and deflation.

Australian Stocks: What Happened Today?

The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchASX bucks regional drop on RBA, Easter returnAsian markets posted broad losses today on a soft lead from Wall Street after a report released overnigh...

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