BUSINESS

Australian LNG Projects Get Pricey

'Boom crash opera!' In keeping with this week's musical theme, that's how we'd describe yesterday's drama in the Australian share market. The ASX/200 fell over one and a half per cent by the close. It was an equal opportunity blood-letting, with the banks and the miners being hit.
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China Gold!

The city is on lockdown. Street vendors are closed. Taxi drivers have been ordered to seal their windows to prevent seditious material from being leafletted in the main square.

Black Ops 2 Begins Race for $1B Revenue Target

Expectations run high for the latest Call of Duty game franchise, the Black Ops 2, according to analysts, because previous releases of the Activision pedigree had delivered hundreds of millions in revenues within 24 hours of reaching global store shelves.

Australian Stock Market Report – Midday 11/14/2012

The Australian sharemarket started the day in mixed fashion; however is currently improving thanks in part to some solid economic numbers. The All Ordinaries Index (XAO) is up 0.1 per cent or 5.1 pts to 4409.3. The energy, mining and industrial sectors are trading in the red while other sectors are higher. This is the first time in five sessions the local market is improving.

How to Prepare Yourself for a Stock Market Attack

The stock market is not exactly a model of orderly progress, is it? The New York Stock Exchange (NYSE) became the latest bourse to experience a 'glitch' yesterday. Volume was light on the NYSE because trading in 216 of its 3825 stocks was suspended. The exchange's matching engine wasn't functioning properly.

Chief of BBC Quits over Failures Regarding Shoddy Journalism

The director general, George Entwistle resigned from BBC within two months of commencing his job, after the broadcaster that is funded by the state had put out a programme that was marked by the chairman as nothing but shoddy journalism in BBC.

Strong Consumer Data Helps Improve Prices of Oil, US Stocks

The rise in price of oil and improved stocks in the US on Friday was more than five years, owing to the sentiment of the consumers, exceeding concerns that the US fiscal cliff and the financial woes of Europe may result in global recession.

Will the 5 Strong Features Help Sony Sell 50 Million Xperia Units in 2013?

Sony, once one of the leading electronic brands in the world, has slipped in comparison to other telecom companies such as Apple and Samsung in terms of sales and popularity of products. However, the Japan-based company could still count on the strong features of its products in a bid to reassert its place in the marketplace. For 2013, Sony targets to ship 50 million Xperia smartphones, relying mainly on Xperia T and TL, which were featured in Skyfall, the latest James Bond movie.

Australian Stock Market Report – Afternoon 11/13/2012

The Australian sharemarket had its biggest fall since 23 July, with the All Ordinaries Index (XAO) slumping by 1.5 per cent or 65.7 pts to 4404.2. Shares ended in the red for the fourth straight session; making it the longest losing streak for our market in four months. Relatively disappointing economic news out this morning also did the market no favours.

Activision Unleashes Black Ops 2, Tipped to Gross $1B+

Activision’s ‘Call of Duty: Black Ops 2’ will hit global store shelves on Nov 13 and this early the highly-anticipated game title is projected to quickly breach the $1 billion mark, easily breaking the record sales set in 2011 by its immediate CoD predecessor.

Oz Business Conditions Worst In Three Years

- Business confidence worst since 2009- Confidence persistently weak- Mining losing the faith- GDP forecasts below trendBy Greg PeelNational Australia Bank's monthly business survey uses various measures to crunch an index-style reading for business "conditions" and "confidence" on a zero-neutr...

The Overnight Report: Flat As A Tack

By Greg PeelThe Dow closed unchanged, the S&P was flat at 1380 and the Nasdaq was flat.It was a quiet and low volume Veterans' Day on stock and commodity markets, as expected, with banks and bond markets closed last night.

Australian Stock Market Report – Afternoon 11/12/2012

One of the features of the last trading week was the weakness of the US market in the aftermath of the US Presidential election. The main thrust of the selloff was driven by the uncertainty created by the US fiscal position, a situation increasingly referred to as the US 'Fiscal Cliff'.This combination of expiring tax cuts and cuts to government spending will result in a fiscal contraction of around $600mln which could take up to 4% off US growth in 2013 if unresolved by year end.

COO Retires as Rolls-Royce Positive on Growth

Rolls-Royce Holdings Plc informed that its trading was on course as it announced that Alain Michaelis was to replace retiring chief operating officer Mike Terrett. The world's second-biggest producer of commercial aircraft engines expects to see good growth in its full-year profit.

China’s Inflation Slows to 1.7% in October, Giving Room for New Easing Measures

Official data showed on the 9th of November that China's annual consumer inflation slowed to a 33-month low on food cost in the month of October thus giving the government scope to introduce new easing measures if needed. The policy of the China's government has succeeded in supporting the growth of the world's second-biggest economy.

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