BUSINESS

Australian Stock Market Report – Midday 10/19/2012

The Australian share market is modestly lower at lunchtime in the East, following Wall Street's lead. The US Dow Jones Index closed down 0.1pct while technology shares saw the NASDAQ fall by 1pct. At lunchtime in the East, the All Ordinaries Index (XAO) is down 7.8pts or 0.2pct to 4573.1.

Nokia to Post Loss Prior to its Make or Break Launches

Speculations are rising in the market that Nokia will report yet another quarterly loss and diminishing cash reserves prior to Nokia's upcoming smartphone launches next month. Nokia is struggling hard to regain grounds that it has lost to its arch rivals in the smartphone sector Samsung Electronics Co. and Apple Inc.
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An Australian Property Boom and Bust all at Once

It just goes to show how confused things are on the ground when property developers and recent homebuyers are struggling while the economic talking heads babble about a renewed Australian property boom. Welcome to a world full of monetary distortions.

The Overnight Report: Googling A Loss

By Greg PeelThe Dow closed down 8 points, while the S&P fell 0.2% and the Nasdaq plunged 1.0%.Google, like Apple, is one of the America's largest stocks by market cap and should thus be in the Dow Jones Industrial Average, but isn't given a per share face value that exceeds Dow criteria.

Australian Stock Market Report – Afternoon 10/18/2012

Local stocks closed at their highest levels since July 2011 today, with investor sentiment boosted by the fact today's Chinese economic data contained no nasty surprises. The All Ordinaries Index (XAO) added 30pts by close or 0.7pct to 4580.9, after hitting an intra-day high of 4602.5.

New Zealand's Property Market Buoyant

Residential property prices in New Zealand have continued to rise in the third quarter of 2012. The national housing median price rose by 6% to NZ$371,000 (US$304,168) during the year to September 2012, according to the Real Estate Institute of New Zealand (REINZ).

Sony Xperia VL vs HTC J Butterfly: An Upcoming Duel

HTC recently announced the upcoming release of the HTC J Butterfly, with the first stop in Japan and then to the entire global market. Sony will also release a version of another Xperia in Japan and then to rest of the world. While both are still coming soon to retail outlets, these upcoming devices are already set to face off each other.

ASUS Padfone 2 vs LG Optimus G

ASUS surprised techies by launching the successor of the Padfone, only this time much bigger and better in many ways. And this bigger and better unit has powerful technologies inside it, from the processor and memory to camera and resolution shots. The new challenger in the Android smartphone war meets up with another powerful device, the LG Optimus G.

Australian Stock Market Report – Midday 10/18/2012

Overnight the US market closed slightly higher and the European markets were also stronger. Better than expected home start numbers, for the month of September, out of the states helped reduce the pain from weaker than expected results from key technology forms IBM and Intel.

Copper Shenanigans From Beijing

By Richard (Rick) MillsAhead of the HerdAs a general rule, the most successful man in life is the man who has the best informationFact - China is the world's largest user of copper.

Nigel Farage on the Fall of Europe

Nigel Farage never elicits a neutral reaction...ever. His brutally honest remarks inspire either love or hate - kind of like country music, calvados or the Kardashians.

South Africa’s Rivers of Gold

The more you look at it, the more the Fed's big QE program announced in mid-September looks like a big fat nothingburger. The S&P 500 closed at 1465 two days after the Fed's announcement. It's now at 1440. By comparison, the All Ordinaries are up about 3.76% in the same time. Gold is down 2% since the 'golden cross' on September 20th, when the 50-day moving average crossed above the 200-day moving average.

Discordian Religious Advice for the Investor

We never liked history as a child. It's just a bunch of stuff that's already happened. But when you're young, you don't realise there's a lot of history yet to come. And it helps to be informed about what's been if you want to know what's going to be.

Introducing the New MillionPlus.com.au

MillionPlus.com.au, the luxury property website from the team behind Thehomepage.com.au, has just relaunched with a new more elegant look, better features and cutting edge cloud based technology.

Australian Businesses Remain Upbeat

- Regus and CBA business confidence reports released- Large businesses more confident than SMEs- Retail confidence surprisingly strongBy Andrew NelsonTwo business confidence surveys hit the street yesterday and what they show is that while times may be tough, Australian businesses remain optimistic.

The Overnight Report: Weaker US Earnings, Stronger Economy

By Greg PeelThe Dow closed up 5 points, while the S&P rose 0.4% to 1460 and the Nasdaq gained 0.1%.News came through after US markets had closed yesterday that after months of deliberation, ratings agency Moody's had decided not to downgrade Spanish debt one more notch to junk, thus leaving Moo...

Australian Stock Market Report – Afternoon 10/17/2012

Local stocks rose to fresh 14 month highs today, supported by strong moves offshore, a pick-up in Chinese steel production and positive moves from major blue-chip stocks. US and European markets rallied overnight with US investors encouraged by strong earnings reports, while European investor sentiment was bolstered by speculation Spain could be close to asking for a sovereign bailout. The All Ordinaries Index (XAO) finished the day's trade up 37pts or 0.8pct to 4550.9, after hitting an intra...

Lenovo IdeaTab S2110: Tablet Transformer Running on Android 4.0

It took Chinese PC manufacturer Lenovo almost six months to transform the IdeaTab S2110 to go from CES reveal to retail outlets. During that time, ASUS managed to announce and ship a new hybrid tablet of its own, the Transformer Pad TF300 , which is a keyboard optional rival offering the same 10-inch, Android 4.0 experience with quad-core Tegra 3.

New Machines for the New Windows 8 OS

To take full advantage of Microsoft's new Windows 8 operating system which integrates touchscreen functionality, some PC manufacturers are offering new touch-enabled devices that are designed to run it.

Australia Struggles with Rising HIV Cases

The number of individuals diagnosed with the dreaded Human immunodeficiency virus (HIV) has risen in Australia, prompting lawmakers and health experts to re-assess laid down national policies and programs on the disease.

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