BUSINESS

Russia to Build 3,200KM Gas Pipeline to Asia

Russian President Vladimir Putin has ordered Gazprom, the country's pipeline gas export monopoly, to build a 3,200km pipeline from East Siberia to the Pacific port of Vladivostok, reported Reuters on Monday, in an attempt to reduce the nation's reliance on exports to Europe and develop closer ties with Asian customers.

Australian Stock Market Report – Midday 10/30/2012

Local stocks are trading modestly higher at lunchtime in the East, despite falls on the Canadian and European markets overnight. All US markets were closed due to Hurricane Sandy, which is currently bearing down on New York City. It's expected US markets will also close tonight (Tuesday) - which will be the first time bad weather has forced the closure of the NYSE for two consecutive sessions since 1888. The last time a Hurricane closed the NYSE for one day was in 1985. Nearing lunchtime in t...

Virgin Australia Scores 3-in-1 Aviation Deals

In what could be an unprecedented strategy to propel its business, Virgin Australia divested a 10 per cent stake to Singapore Airlines Ltd., effectively collecting enough funds that will enable it to get a 60 per cent hold of Tiger Airways Australia and full control of Perth-based regional carrier Skywest Airlines Ltd.
More news

Super Saturday Sells Over 2,400 Auctioned Properties in Australia

Australia's housing market is improving based on the results of Super Saturday the country's biggest auction day of the year. Held between the football grand finals and the Melbourne Cup, the auction on Oct 27 resulted in sale of more than 2,400 properties in a single day.

Windows 8 All Device Exclusives: To Ditch iOS and Android Devices?

There are several changes and improvements from Windows 7 to Windows 8 on computers, tablets and smartphones. Windows 8 has allowed these three classifications of devices to sync with each other and even allows one another to use features that are normally exclusive to just one type.

LG Optimus G vs Motorola RAZR i

LG recently released a new addition to its Optimus line of smartphones, offering a high speed, latest technology and durable device.

Australian Stock Market Report – Midday 10/29/2012

The Australian sharemarket is kicking off the week in positive fashion, with the All Ordinaries Index (XAO) edging higher by 0.4 per cent or 16 pts to 4512.3 at lunch. Most sectors are improving, with the exception of the defensive healthcare and telco sectors.

Iron Ore Rebound Peaking?

- Iron ore price rebound complete- Restocking phase may now slow- Prices expected to drift back until next yearBy Greg PeelFor most of the year analysts had decided US$120/t was a reliable floor for Chinese spot iron ore prices.

Union Members Halted on Working on Pre-1983 Homes

The Electrical Trades Union (ETU) has ordered its members of stop working on electric meters in homes constructed before 1983. The order is in response to a hazard warning that Sydney-based company, Endeavor Energy, issued to its workers due to risks from asbestos exposure.

Australian Stock Market Report – Afternoon 10/26/2012

Investors were faced with a variety of news over the last 5 trading days. A large number of companies have hosted investors at AGM's. The Mid week release of higher than expected QIII CPI numbers startled interest rate and equity markets, whilst the local currency ran higher. WA and NSW were put on negative credit watch by Standard and Poors. Historically such an outcome would have seen a substantial down draught for the currency. Regional stock indices seemed unimpressed by an improved read ...

Microsoft Surface vs Dell XPS 12: Price War

American PC maker Dell is gearing up for a price war with the newly released Microsoft Surface by placing on its Web site the XPS 10, its 10.1-inch Windows RT table, as available for pre-order.

Windows 8, ASUS Zenbook Rolls Out in Australia

Due to Australia's geographical location, Aussies were among the first in the world to purchase the rolled out Windows 8 operation system by Microsoft, as well as new devices that run on the OS.

Australian Stock Market Report – Midday10/26/2012

Despite a positive start, local stocks have turned south at lunchtime in the East, as losses from the big mining players detract from gains elsewhere. Overnight, US stocks rose modestly although volumes were light ahead of US growth numbers being released tonight. European markets also had slight gains, with UK September quarter economic growth figures bouncing by one percent, although these figures were distorted by the effects of the Olympics on the economy. At lunchtime in the East, the All O...

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

BHP to Focus on Volume, Not Price

Mining giant BHP Billiton (AXS: BHP) warned on Thursday that the mining industry faces short-term instability over eurozone instability and concerns on China's growth. To address this situation, he said the company will instead focus on volume instead of price.

Switzer Super Report: Wanted - Rational Americans

By Peter Switzer, Switzer Super ReportThe S&P 500 is now below an important testing level of 1,420; it's sitting on 1,412, which should have some resistance, but if it falls, 1,400 is the next big one.

Australian Stock Market Report – Afternoon 10/25/2012

The US Federal Reserve announced overnight that it would continue with its current economic stimulus program, QE3. The move failed to excite local investors, with the All Ordinaries Index (XAO) finishing only slightly higher, up 2.9pts to 4533.5pts.

iPad Mini vs Asus Google Nexus 7 vs Amazon Kindle Fire HD: Technical Face-off

Cupertino-based Apple, after dominating the larger tablet market it popularized, has turned its attention to the slightly smaller screen. The 7.9-inch iPad Mini has Apple's attention to style and detail behind it, but it certainly isn't the only gadget that size worth looking into, especially with the Mini's stepped-down processor and screen resolution.

New Samsung Galaxy Premier Leaks

Samsung continues to attempt to provide one of the most robust smartphone line-ups ever through gadgets devices like the Galaxy S3 Mini that offer consumers more Android smartphone options. One new handset, the Galaxy Premier, has surfaced with the first actual picture of the phone finally leaked.

Microsoft Bets Big Time on Windows 8 Global Rollout

The spotlight is on Microsoft this time as it launches Windows 8, leaving the tech world wondering if smartphones and tablet computers running on the new operating system would measure up with Apple and Android devices.

Australian Stock Market Report – Midday 10/25/2012

Overseas markets generally stabilised overnight following the sharp sell-off yesterday. European markets were higher even with weak manufacturing numbers and lower metals prices. The US markets lost ground towards the close of trade the Dow finishing down 25 points and the NASDAQ only down 8points but still in the red.

Why The Brent-WTI Spread Will Close

By Greg PeelWhen the price of Brent crude futures started to blow out over the price of West Texas Intermediate (WTI) crude futures in 2010, much money was lost by traders used to wide spreads lasting only briefly before slamming shut again.

Pages