BUSINESS

New Nintendo 3DS Games 2012

Nintendo recently unveiled new Nintendo 3DS games that will be launched for 2012. Nintendo have listed down the most anticipated games for the console as well as the updated downloadable content available in the Nintendo eShop. The games were first unveiled during the E3 2012 event held at the Los Angeles Convention Center.

Australian Stock Market Report – Midday 6/20/2012

Local stocks are staging a rebound today on the back of positive moves on offshore markets. US shares rose on hopes of further stimulus from the Federal Reserve while European markets rallied to a one month high. Mid-session, the All Ordinaries Index (XAO) is firmer by 21.6pts or 0.5pct to 4189.
More news

Global Investing: The Next 40 Years

"Travel - its very motion - ought to suggest hope. Despair is the armchair; it is indifference and glazed, incurious eyes. I think travelers are essentially optimists, or else they would never go anywhere."

Lynas Rare Earths Plant Gets Backing of Malaysian Parliament: Plant Facility is Safe

The Parliamentary Select Committee (PSC) created to look into the safety of the highly disputed $200-million rare earths processing plant of Lynas Corp. in Malaysia has concluded that the facility is safe and has strongly urged for the immediate release of the temporary operating license (TOL) to finally start the plant's delayed operations.

Will Samsung Veer Away from Android?

Upon formally assuming office Monday this week, new Samsung Chief Executive Kwon Oh-hyun immediately disclosed that he intends to pour a great deal of time and resources for the giant South Korean tech firm to further develop its software division.

Cyprus Housing Market Slump Continues

Cyprus property prices continue to decline, the house price boom having halted in late 2008. At end-2011, Cyprus house prices were 14.5% down on their Q3 2008 peak (-20.5% in real terms), according to the Central Bank of Cyprus (CBC). This year the housing market is expected to suffer yet more, due to the recession.

The Great Escape of the Blue Panda

46-year old Milanese tax attorney Salvatore Rossi, his wife Giulia, and their three-year old daughter Alessandra are travelling up the A9 on the Italian Autostrada from Milan to Switzerland at 110km. The speed excites little Alessandra who whoops with glee. But it makes Giulia nervous and she tells Salvatore to slow down.

Australian Stock Market Report – Midday 6/19/2012

Local stocks are reversing some of yesterday's spectacular gains, pulled back by weakness in offshore markets overnight. European markets ended mixed despite Greece's pro-bailout New Democracy party claiming victory in the weekend poll, as Spanish borrowing costs jumped pressuring markets. A rally on US Markets was limited as investors feared the Euro debt crisis would continue to worsen. At lunchtime in the East, the broader All Ordinaries Index (XAO) is down 17.8pts or 0.4pct to 4166.1.

Uranium Spot Down, But Optimism Rising

By Andrew NelsonIt was another slow week on the spot uranium market last week despite news of the restart of two Japanese reactors that were idled in the aftermath of last year's Fukushima meltdown.

Fairfax on a Job, Cost Cutting Mode

Even if Australia's richest woman Gina Rinehart invested $86 million into Fairfax Media last week after she upped her stake to 19 per cent, the company still needs to wield its axe and chop off some jobs and costs.

Apple's iMac: Release Date and Possible Specifications

One of the things that was noticeable during the recently concluded WWDC 2012 was the lack of iMac details. Before the big event, there were a lot of speculations regarding Apple's iMac but all of these speculations were halted when there was no mention or even a hint of iMac during the said event.

Xbox 720 Release Date and Specs Revealed

Microsoft has stayed silent regarding the release date and specs of Xbox 720. Microsoft has not even mentioned even a whisper of Xbox 720 at this year's E3. All that is about to change as a new leaked document revealed details about the all-elusive Xbox 720 from Microsoft.

Greater Risk is Reason for Higher Small Business Loan Interest Rate

A comparison website noted the growing gap of rates between small business loans and residential mortgages. When banks pass on Tuesday the Reserve Bank of Australia (RBA) overnight cash rate cut to small businesses, the average rates for secured loans would have gone down by 100 basis points to 7.53 per cent.

Australian Stock Market Report – Midday 6/18/2012

The local share market has staged a relief rally on news Greece appears set to remain in the Eurozone. The pro-bailout New Democracy party claimed victory this morning and appears likely to form a government, sparking a buying frenzy across Asia as investors pick up assets which have been heavily battered over the past month. At lunchtime in the East, the All Ordinaries Index (XAO) is up 55.9pts or 1.4pct to 4162.9.

Why You Should Have Become a Property Investor

Thank you to readers for their feedback to Monday's Daily Reckoning. We were expecting some outraged hate mail at our scepticism. Instead it was only thoughtful and often sad stories from people who had to personally experience the issues we raved about.

Porsche Boxster Review

The Porsche Boxster remains the cheapest way into the German car maker’s sports car range – and may well continue to do so as the company continues to dither and deliberate over a new, smaller entry-level sports car.

Apple's iOS 6: Hints for iPhone 5 Release Date and Possible Features

The release of Apple's iOS 6 during the recently concluded WWDC 2012 have prompted new hints of a possible release date for the highly anticipated iPhone 5. Aside from that, there are also rumors about the new possible features that could be included in Apple's iPhone 5.

Australian Stock Market Report – Midday 6/15/2012

After a shaky start the Australian share market is gaining some traction at lunchtime in the East, on the back of a strong rise on Wall Street. Markets there rose on news that major central banks are preparing for controlled action if the Greek elections being held this weekend result in financial market turmoil. After two hours of trade, the All Ordinaries Index (XAO) is up 14pts or 0.3pct to 4103.8.

Pages