BUSINESS

Mortgage Choice CEO Sheds Light on Commission Details

In response to a weekend news article that claimed mortgage brokers fail to adequately disclose to customers the commissions they receive from lenders, Mortgage Choice CEO Michael Russell, one of Australia's largest independently-operated firms, seeks to set the record straight.

Nintendo Points to 400,000 First-Week U.S. Sales for Wii U

Will Nintendo’s Wii U fuel the recovery of the limping game console business? While the Japanese game maker would not want to claim that distinction, it reported on Monday that the new product is off to a respectable start – selling 400,000 units in a week’s time.

Asha 311, Asha 205 Keep the Cash Flowing for Nokia

Asha is the reason Nokia remains profitable and recent additions to the series somewhat weaved a clear picture why the handsets, mostly powered by Nokia’s antiquated S40 Symbian platform, were snapped up by close to seven million global consumers as of September 2012.

Furious Negotiations Continue for Resolving of the Fiscal Cliff

According to the latest reports, there are inspiring signs that depict a Republican inflexibility on the easing of taxes. This is the second time in a matter of days that a Republican, Lindsey Graham the Senator, has aimed towards violating on the pledge of never raising the taxes.
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Bidding War Erupts over Aston Martin Takeover

Aston Martin, the luxury car brand, is entangled in the middle of a global Indian-Italian Aston Martin bidding war regarding the takeover of Aston Martin Company, after Mahindra, the motors group from India, trumped a major bid from Italy for almost half of the luxury car manufacturer based in Britain.

Swiss Economy Most Competitive in the World

The economies of the world’s nations are ranked by the World Economic Forum (WEF) in terms of how competitive they are, releasing the results in a yearly Global Competitiveness Report.

Samsung Unwraps Dual-SIM Galaxy Note 2 for China

Samsung’s Galaxy Note 2 has become immensely popular, especially in China, that its maker caved in to demands voiced out by Chinese consumers – a dual-SIM version of the world’s first commercially successful smartphone-tablet hybrid.

The Fall and Descent of Mrs Ples

Scientists reckon that catastrophic climate change was responsible for a huge number of extinctions at the end of the Pleistocene epoch, around twelve thousand years ago. Mega-fauna - very large animals - didn't adapt well to the rapidly changing climate.

The Aussie Dollar Dilemma

Be thankful for the bottomless gluttony of man today. It's probably going to help Australian stocks! The US markets came out of their Turkey Coma to rally higher on Friday. Both the S&P 500 and the Dow finished more than one per cent higher. That should be good enough for a positive start to the week in Australia.

Virgin Mobile Offers Free Mobile Phones for Best Handset Reviews

Virgin Mobile opened on Monday nominations for individuals who want to be part of the Virgin Mobile Testing Team. Successful team participants who are nominated through a Facebook-dedicated page will be sent a latest handset to test drive and asked for reviews that must include pros and cons in a two-minute video.

Giving Thanks For A Flat Uranium Price

By Andrew NelsonIt was a quiet week in the uranium market last week. In fact, it was so quiet that industry consultant and spot price tracker TradeTech didn't even put out a weekly report, instead heading out to Grandma's house to catch up with the rest of the US investment market.

Australian Stock Market Report – Afternoon 11/26/2012

The new trading week has begun the way the previous one finished. Investors are maintaining their vigil in relation to economic readings out of Europe and the US, wary of any negative impact that political inertia is having on real economy outcomes on either side of the Atlantic.

Australian Stock Market Report – Midday 11/26/2012

Local stocks are underperforming Wall Street in the early session, with investor apathy appearing to be at play. Despite predictions our market would rise by around 0.7pct today, at lunchtime in the East the All Ordinaries Index (XAO) is firmer by just 6.3pts or 0.1pct to 4437.8.

NOOK HD vs Kindle Fire HD: The Battle of the 7-InchTablets

Major book chain Barnes & Noble has joined the technology battle by releasing the Nook HD. The popular bookstore's decision to include more electronic items that actually are also considered rivals of its traditional books is an indicator that bricks and mortar stores need to accept and take part in the technology battle to survive financially.

Why the Worst is Not Over For China’s Economy

Yesterday HSBC released its 'flash' PMI estimate of manufacturing activity in China's economy. It rose to 50.4 in November, up from 49.5 in October. For the first time in 12 months, China's manufacturing sector expanded!

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