Newest preliminary data showed that China's manufacturing rebounded moderately in March after the world's second economy saw its factory activity slump in February due to the timing of the Lunar New Year holiday. The findings were welcomed with a relief as an increase in a key gauge might mean that the China's economy is after all on the road of recovery. Certainly, all this will help new Premier Li Keqiang to make the China's economy stand on its feet.
Property prices are rising quite strongly in Santiago, Chile's capital. The average "real" price of a new house in Greater Santiago rose by around 9% y-o-y to January 2013, according to the Chilean Chamber of Construction (CChC).
-The US to drive the global recovery- Europe to improve- China to firm- Italy not that big a riskBy Andrew NelsonThe global economy is finally on the road to full recovery, with positive conditions only accelerating over the years ahead.
By Greg PeelThe Dow fell 90 points, or 0.6%, while the S&P lost 0.8% to 1545 and the Nasdaq dropped 1.
Despite creeping into positive territory at times, the Australian market fell once again, with the All Ordinaries Index slipping 0.1 per cent to 4976.8. So far, this has been the biggest weekly pullback for the local market in 10 months, when the All Ords lost 5.62 per cent in just five days.
When Samsung unleashed the Galaxy S4 in New York last week, the company also provided a peek on what to expect for its future handsets. Automatically, Android watchers look to Galaxy Note 3, said to represent Episode 2 of the tech giant’s major gadget unpacking this year.
Despite a positive start on the back of gains on Wall Street and Europe overnight, the Australian share market is flat at lunchtime in the East.
Back in the bad old days of 2009 it was like Stalingrad every day. Trapped capital was encircled by wealth-destroying news events. Money that could still walk fled to the core of the global financial system.
The market may be 'primed' for a fall from a technical or charting perspective, but yesterday's move was, not surprisingly, driven by central banks. Although this time Ben Bernanke wasn't involved...not directly anyway.
It's going to be an incredibly interesting week in Australia. The same 'periphery to the core' dynamic could apply here, internally. That is, you could see even more money move into high-yielding bank stocks and out of the riskier corners of the market. This would confirm recent trends.
Are we getting a first look of Apple’s iPhone 5S and iPad 5 and their killer features by the end of June this year?
On the 20th of March, Volkswagen AG informed that it would recall nearly 385,000 in China, its biggest market, to fix gearbox problems. Everything indicates that the recall will start in April. Certainly, the recall will be a harsh blow for the company as the whole operation may cost it over $600 million.
On the 20th of March, the grief-stricken Cyprus' finance minister asked for help from Russia.
Google's next version of the Play Store has been revealed on Droid Life, and a hands-on video demonstrates the tweaked look and deeper integration of the Holo-theme. Most of the layout is still same, many new pages are blank in this new look and it's easier to switch between searching for apps, music, books and videos.
Reports have emerged that Apple is tapping Japanese firm Sharp to supply the screen display that the tech giant will install on the rumoured iPhone 6, this time able to recognise handwriting using an ordinary pen.
There are now more than 1 billion unique users monthly for the video sharing site YouTube. That means 50 per cent of people who are on the Internet visits YouTube.
Samsung has officially rolled out the new Galaxy Pop, a quad-core Android handset that is exclusive for now to the South Korean market.
After a lackluster performance in the past four years, the South African housing market is now gaining momentum.
AstraZeneca PLC, the global pharmaceutical giant and the UK's second biggest drug company, informed that it planned to restructure itself by introducing downsizing program and reorganizing its global research and development operations.
Not surprisingly, the Reserve Bank of India has decided to cut interest rates for the second time since the beginning of 2013. The cut in interest rates is aimed at boosting growth and reviving investment in the former "Jewel in the Crown." However, the Reserve Bank of India underlined that other easing monetary measures would be difficult to introduce.
Newest data showed that China witnessed an increase in new home prices in 66 of 70 Chinese major cities in February, raising concerns over the prospects of economic growth. Unquestionably, the new leadership will have to face all challenges caused by increases in new home prices and real estate speculation.
At last, BBC Worldwide, the entertainment company, informed that after all it sold its Lonely Planet to NC2 Media for slightly over £50 million. Fortunately for Lonely Planet, it is now in hands of US-based NC2 Media which has plans what to do with it and how to run it to make it even more successful.
Sharp Corp., well known Japan's electronics maker, informed that a second investment from US chipmaker Qualcomm Inc. encountered some difficulties and therefore it was delayed. The delay in Qualcomm investment in Sharp was mainly driven by the inability of meeting terms of the original accord. Certainly, the setback will have an impact on Sharp Corp. which has been struggling to restore its balance sheet.
Now that the Samsung Galaxy S4 is out, all eyes and ears are attuned to the next big Android event and it’s quite big – the Galaxy Note 3. Naturally, rumours about the much-awaited handset abound and here’s a quick round up.
Australian dairy farmers are crying, not over spilt milk, but over lost income as they continue to be caught in the price war between supermarket giants Woolworths and Coles. Thus, while prices of milk in the international market soar due to the drought that hit neighbor New Zealand, the $1 per litre price tag at groceries continues to hurt their pockets and caused some farms to close.
By Greg PeelThe Dow closed up 55 points, or 0.4%, while the S&P gained 0.7% to 1558 as the Nasdaq added 0.
-Focus on margin expansion-But at the expense of sales growth?-Broker sentiment divided on turnaroundBy Eva BrocklehurstDavid Jones ((DJS)) is transforming.
The lack of resolution in relation to the Cypriot bailout remained the main influence on regional markets on Wednesday. The Cypriot parliament has voted against levy on bank deposits by a margin of 36 to 0 with 19 members abstaining. Eurozone officials remain defiant that Cyprus must contribute to its rescue.
A study released by the Australasian Society for Infectious Diseases (ASID) on Wednesday has urged Australians, particularly those from West Australia, to take extra precautionary measures when travelling overseas, especially if it is to Bali, Indonesia.
Galaxy Grand Duos is getting an upgrade called Group Play that will allow for the smooth file sharing with compatible handsets using Wi-Fi channels.
