By Rudi Filapek-VandyckThe Dow Jones industrial average jumped 207 points, or 1.6%, to 13,539.86, while the Nasdaq rose 1.
Admin System
Sep 14, 2012
The Australian sharemarket lost a little ground for the second time this week, with the All Ordinaries Index (XAO) easing by 0.5 pct or 23.3 pts to 4359.8. Despite the pullback, investors seemed uninterested with equities as there was only $3.3 billion worth of shares that exchanged hands. This is around 30 pct less than last Thursday's trade volume. Yesterday, the XAO improved by 0.8 pct.
Vittorio Hernandez
Sep 13, 2012
Add Nintendo’s Wii U to your holiday gadget shopping list this December as the new game console is likely to hit the global market at around the same time that new tech toys were slated to fiercely compete for consumers’ attention.
Erik Pineda
Sep 13, 2012
"I'm not going to be the guy that lies on media, I'm not going to be the guy that stands up here and lies to Australia," thus said Australia's Olympic heat swimmer Tommaso D'Orsogna in an apparent tell-all interview over Channel 10 'The Project' on Wednesday night.
Esther Tanquintic-Misa
Sep 13, 2012
Sure they are disabled. But the fact cannot be discounted that Australia's Paralympic team brought home more golds and more medals from the London 2012 games than their abled but currently controversy embroiled counterparts.
Esther Tanquintic-Misa
Sep 13, 2012
Notwithstanding the rollout of a new iPhone, Android handsets will be scooped up in large amounts that by the close of 2013 more than a billion units will be owned by global consumers, according to a new smartphone market report.
Erik Pineda
Sep 13, 2012
Pitting Apple’s new iPhone 5 against Sony’s Xperia Acro S is pretty much watching the technologies from the two tech giants clashing in full force, with ‘minor’ players invited into the fray because their brand architectures are inside the fresh smartphone releases.
Erik Pineda
Sep 13, 2012
Today the market has reversed yesterday's strong run, positive news out of Europe was not enough to keep the momentum from continuing ahead of the outcome from the US Federal Reserve tonight. Overnight the German Constitutional Court formally approved The European Stability Mechanism (ESM), paving the way for the Eurozone's permanent rescue fund to come into operation. While a positive decision had been expected the euro markets and currencies rose. The UK market was a little weaker even w...
Vittorio Hernandez
Sep 13, 2012
Having worked as an SEO consultant for many years, i first got into the game doing SEO work for many of Victoria's real estate agents.
Jamelle Agbuis
Sep 13, 2012
Every so now and then FNArena receives a question that is worthwhile sharing with a broader audience. This week's question from subscriber John from Altona Meadows, Victoria about JB Hi-Fi ((JBH)) qualifies in our view.
Admin System
Sep 13, 2012
The Hyundai Motor's labor union has voted to approve a revised wage and working-conditions deal, ending strike that had hurt sales at South Korea's biggest car maker. The strike at Hyundai Motor is said to be the costliest one in the company's history.
Jamelle Agbuis
Sep 13, 2012
This story was originally published on 6 September 2012. It has now been re-published to make it available to an audience beyond paying subscribers at FNArena.
Admin System
Sep 13, 2012
Ford Motor Co.'s board of directors is due to meet on Thursday. The Ford Motor Co.'s board will probably discuss the most pressing issue facing the American car maker - the retirement of Chief Executive Officer Alan Mulally.
Jamelle Agbuis
Sep 13, 2012
Is today Big Wednesday? Well, if you had to pick a day when the market could blow out - in either direction - you could do worse than today.
Jamelle Agbuis
Sep 13, 2012
This is the last day of the Mont Pelerin Society meeting in Prague, and I am writing from inside Prague Castle, where we have been the guests of the Czech Republic President Vaclav Klaus.
Jamelle Agbuis
Sep 13, 2012
By Rudi Filapek-VandyckThe Dow Jones industrial average DJIA closed up 9.99 points, or 0.07%, to 13,333.
Admin System
Sep 13, 2012
Australia's Olympic swim team is now in submerged in hot water after a panel was requested to be established to review the team's lackluster performance in the recently concluded 2012 London Olympics in August.
Esther Tanquintic-Misa
Sep 12, 2012
The Australian sharemarket improved for the second time this week today and ended close to the daily highs. The All Ordinaries Index (XAO) rose 0.8 pct or 34.8 pts to 4383.1, with almost all sectors closing in the black.
Vittorio Hernandez
Sep 12, 2012
Chinese property prices are now bouncing back, amidst central bank's decision to slash its key interest rates to boost the slowing economy.
Christine Gaylican
Sep 12, 2012
Mobile apps are more attractive when offered free, tech research firm Gartner confirmed on Tuesday as latest data showed that global users will likely download more than 45 billion smartphone and tablet apps by the end of 2012.
Erik Pineda
Sep 12, 2012
Wheat, Australia’s chief farm export produce, is expected to deliver less yields in the current financial year, according to the latest estimates issued on Tuesday by the Australian Bureau of Agricultural and Resource Economics and Science (ABARES).
Erik Pineda
Sep 12, 2012
FedEx Corp.'s shares dropped roughly 3 percent in after-market trading as the company, which is the world's largest express parcel service by revenue, informed about cutting outlooks on earnings for its just-completed first quarter.
Jamelle Agbuis
Sep 12, 2012
Bacon. That's been the secret to everything all along. If only we'd known! We would have told you sooner. More on the power of bacon shortly.
Jamelle Agbuis
Sep 12, 2012
Almost a third of the economy faces a digital "big bang" over the next three years, pushing companies as diverse as retailers, banks and real estate agents to rethink their strategies, a new report says.
Jamelle Agbuis
Sep 12, 2012
A new list of world university rankings for 2011-2012 released by QS World University Rankings has ranked the Australian National University (ANU) as Australia's best university, while the Massachusetts Institute of Technology is the world's best.
Esther Tanquintic-Misa
Sep 12, 2012
What a switch on the markets this morning. Yesterday it was all about trading defensively and being safe ahead of some big ticket items that are due for release and resolution from overseas markets this week. But today it is all different.
Vittorio Hernandez
Sep 12, 2012
Much is expected from the new iPhone version. Apart from issuing a reengineered hardware and improved software, all packed into a slick and thin brick, Apple is also pressured to replicate and even exceed what it has been doing in the past half-decade – earning billions and really quick.
Erik Pineda
Sep 12, 2012
Giant tobacco firms call it creative marketing but Health Minister Tanya Plibersek was not impressed at all with the latest ploy of cigarette manufacturers to circumvent Australia’s plain packaging laws, set to take full effect December 2012.
Erik Pineda
Sep 12, 2012
With mining commodity prices on a downward trend, Australian exporters were advised to look into non-resource export to Asia as another profitable undertaking. A study by global business adviser Boston Consulting Group estimated that businesses outside the mining sector could earn up to $126 billion by 2021 if they shift their attention to this market.
Vittorio Hernandez
Sep 12, 2012
By Jaume Ventura, Vasco M Carvalho and Alberto MartinOver the last two decades, US aggregate wealth has fluctuated substantially.
Admin System
Sep 12, 2012