New iPhone Rumor: Apple to Release iPhone Nano?
There are countless rumors circulating the web nowadays and this time, it focuses on the supposed release of Apple's iPhone Nano alongside the new iPhone or iPhone 5.
Newcrest Downgrades Production Targets Anew, Cites Natural and Operational Glitches
Newcrest Mining again pared down its overall production guidelines for the current financial year following the company's earlier output cutbacks in February, further highlighting the difficulties that hit the miner's global operations.
Australian Stock Market Report – Midday 4/24/2012
The Australian share market has managed to shrug off weak offshore leads and fears of a mass sell-down to start the trading day on a positive note. US and European markets slumped overnight, as uncertainty surrounds the future of the French and Dutch governments. The local share market started the trading day on a flat note, defying predictions of a 0.6pct fall and at lunchtime in the East is trading firmer by 903pts or 0.2pct to 4439.6.
Coles Posts Subdued Growth in March Quarter; Signs of More Challenging Times Ahead for Retail Sector
Australia's retail sector remains under pressure as reflected by the third quarter results of Wesfarmers' Coles supermarket chains, which slightly moved up but exceeded the general growth forecasts earlier set by the market.
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The Overnight Report: Focus Shifts To Northern Europe
By Greg PeelThe Dow closed down 109 points or 0.8% while the S&P lost 0.8% to 1366 and the Nasdaq fell 1.
May Cut Locked In, And Maybe June?
By Greg PeelBy way of its April monetary policy statement the Reserve Bank of Australia was uncharacteristically candid in basically telling the market a rate cut was on the cards for May as long as the March quarter CPI result didn't surprise to the upside.
Samsung Galaxy S III Release Date Countdown and Leaked Specs from Amazon Germany
A new announcement from Samsung, the Korean-based smartphone manufacturer revealed that the company will be unveiling the Samsung Galaxy S III. The information was first revealed through Samsung's official Twitter account stating: "Destination: tgeltaayehxnx".
Australian Stock Market Report – Midday 4/23/2012
The Australian share market has started the trading week on a subdued note, despite gains on US and European markets late last week. At lunchtime in the East, the All Ordinaries Index (XAO) is down 11.8pts or 0.3pct to 4432.6.
Markets: Weak, Uninspiring Week
Markets around the world generally finished higher last week, but they didn't inspire.
Updates: Weak Sales From Woolies; Bradken, Boral Cut Profit Forecasts
Further evidence that Woolworths has lost its way could come tomorrow when rival Coles' third quarter sales figures are released by parent Wesfarmers.
Diary: Aussie Inflation, US, Apple Earnings, Growth
It is going to be yet another busy week for markets here and offshore, even with the holiday Wednesday for Anzac Day.
Spanish Universities to Hike Fees as Spain Struggles with Budget Deficit
Spanish universities could raise their tuition fees by as much as 50 percent this year.
By 2050, Japan Could Regress from Developed Nation Status
Japan could lose its developed nation status and global significance by 2050.
Manufacturer of Qantas Flight Snack Issues Media Statement
Following an incident involving contamination of a snack on-board a Qantas flight this week, manufacturer, The Sydney Biscuit Company, has issued a media statement.
WA is Australia’s Best Performing State
Western Australia is the best economic performer among the different states and territories in the country, the latest report of Commonwealth Securities (CommSec) released on Monday said.
Sony Plans to Launch "PlayMemories" Cloud Service
Sony, the Japanese-based firm has announced its plans to release an online photo sharing service called "PlayMemories Online". The release date is targeted to be around next week.
Mini iPad: The Good, The Bad, and The Rumors
Rumors of a mini iPad from Apple are circulating the Internet nowadays and it seems like the news and rumors for the mini iPad would not go away anytime soon.
Australian Stock Market Report – Midday 4/20/2012
Yesterday the Australian share market improved for the second straight day, with the All Ordinaries Index (XAO) finishing higher by 14.1 points to 4,441 points.
China: Soft Landing Looming
China isn't crashing, it's slowing and there's been a turnaround in sentiment (judging by the latest Bank of America/Merrill Lynch Fund Managers' Survey).
Markets: Big Global Investors Get Wary
The bulls of January through March have gone a bit shy, judging by the latest results from the Bank of America Merrill Lynch Survey of Fund Managers for April.
Retail: The Coming Change Is Clearer
Slowly, the shape of retailing is changing as more of the world's biggest groups abandon the 'big is best' approach in favour of smaller stores, more savvy internet offerings and a slower rate of new store openings.
Coca-Cola Profit Grow Beyond Analysts’ Estimations
The consumption of Coca-Cola Company's countless beverages in India led to a growth in its sales around the world in the Q1, where volume soared 20 percent. The growth has definitely pushed the company's earnings above what the analysts' expected, that is, to $2.05 billion, or 89 cents a share, in the quarter ended March 31, compared with 82 cents a share in the same quarter last year.
1.2 Million Aussies Victims of Credit Card Fraud in 2011
About 1.2 million people or 7 per cent of the Australian adult and teenage population were victims of credit card fraud in 2011, an Australia Bureau of Statistics (ABS) survey found. Their loss was equivalent to $1.4 billion.
NAB Business Survey: RBA Needs to Cut Rates in May
Despite a slight improvement in business conditions in the first quarter of 2012, a National Australia Bank (NAB) survey released on Friday said that the data boosts the need for a Reserve Bank of Australia (RBA) overnight cash rate cut in May.
Chinese Economy Slowdown: Will China Opt for 'Steady’ Monetary Easing?
As China's economy heads for a slow down, the Chinese central bank has promised to boost the supply of liquidity in the financial system by turning to monetary easing tools.
CBA Eyes Further Asian Expansion
Commonwealth Bank of Australia (CBA) Chief Executive Ian Narev announced on Thursday the bank plans to expand further to Asia, considered the world's fastest-growing region.
The Overnight Report: US Economy Not Playing Ball
By Greg PeelThe Dow closed down 68 points or 0.5% to once again fall below 13,000 while the S&P lost 0.
No Expiry Date in Coles’ Revamped Flybuys Loyalty Programme
In a bid to get a larger cut of the supermarket pie, grocery giant Coles revamped its flybuys loyalty programme that offers faster rewards or cash discounts and no expiry dates.
Property: Westfield Sells More Malls
Westfield Group has announced its second big disposal of US shopping centres in two months.
The World: IMF Seems Improvement
A more optimistic tone from the latest World Economic Outlook from the International Monetary Fund, with the chances of a global slump receding and an upgrade to growth prospects for some major economies, especially in 2013.
Updates: BHP Warns On Coal, Vale Sees Iron Ore Lower
Is BHP Billiton about to be 'save' its coking coal competitors here and around the world with a price spike for a second year in a row.
Employment Agency Belittles $1,000 Job Bonus Offer to Firms that Will Hire Older Workers
A day after the Gillard government announced the launch of a $1,000 job bonus for Australian firms that would hire workers aged 50 and above for at least 3 months, an employment agency belittled the incentive.
Report: Australia in No. 2 Destination for Foreign Jobseekers
Next to the United States, Australia is the preferred destination of foreign jobseekers, according to the Global Professionals on the Move 2012 report released on Thursday.
Australian Stock Market Report – Midday 4/19/2012
The local share market is showing encouraging signs of growth at lunchtime in the East, despite falls on US and European markets overnight. European investors bailed out after bad loans surged in Spain overnight, while US markets eased due to disappointing results from IBM and Intel. After a shaky start, the Australian market is growing legs, with the All Ordinaries Index (XAO) up 13.8pts or 0.3pct to 4441 at 12.30pm AEST.
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