BUSINESS

Australian Stock Market Report – Midday 5/12/14

Local shares have kicked off the week on a negative footing ahead of the release of tomorrow night's much anticipated Federal Budget. The All Ordinaries Index (XAO) is down 0.4 per cent despite another record close for U.S. sharemarkets on Friday.

Global Markets Overview – 5/12/14

Asia is about to see the 'new normal' from the region's superpower over the coming years as Chinese President Xi Jinping publicly stated the nation will have to adapt to the slower pace of growth on the weekend.
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Australian Stock Market Report – Afternoon 5/9/14

Despite a 0.75 per cent slump this morning, the Australian sharemarket managed to steadily improve to only finish 0.25 per cent weaker by the close of trade. ANZ Banking Group (ANZ) was the biggest loser as the major bank traded ex-dividend. Its 3.2 per cent slump wiped out 10pts from the All Ordinaries Index. The other majors managed to improve modestly.

Top 5 Challenging Gaming Apps for Android (New Games - Part 2)

Here is a list of five challenging Android Apps compiled by Droid-Life that are extremely addictive and guarantees fun. Oodles of gaming apps got released in the past couple of months and mobile gaming on Android has never been better. The list consists of free as well as premium apps that are sure to take your gaming interest to a whole new level.

Australian Stock Market Report – Midday 5/9/14

Yesterday's improvements are being eaten away, with the All Ordinaries Index (XAO) slipping by 0.3 per cent at lunch. Local shares are now falling for the second time this week as investors shrug off last night's gains in the U.S.

Global Markets Overview – 5/9/14

Janet Yellen was again testifying to an economic committee overnight - this time in the Senate. However, unlike yesterday's Congress facing testimony, last night's meeting was a complete regurgitation, meaning the kick the US markets saw from the 'high degree of monetary accommodation remaining warranted' statement was already factored in and left markets flat and unresponsive.

Australian Stock Market Report – Afternoon 5/8/14

The ASX 200 ended comfortably higher on Thursday although in broad terms it remained in the holding pattern that has been occupied in recent weeks. More so than recent years, the looming Federal budget hangs above the market as a hurdle. The bottom line will be to assess the extent to which spending is cut and the degree to which households will be impacted by the curtailing of payments. Most controversial of all is the possibility of a deficit levy.
A worker takes radiation readings on the window of a bus at the screening point of the Tokyo Electric Power Company's (TEPCO) tsunami-crippled Fukushima Daiichi nuclear power plant in Fukushima prefecture in this June 12, 2013 file photo. Since March 2011

Overreaction and Stress, Not Cancer and Radiation, Will Kill More People than Fukushima Scare – UN Report

The radiation from the crippled Fukushima nuclear power plant that has erupted into the atmosphere and fell into the ocean waters will not trigger any increase in cancer or health problems, a report released by the UN Scientific Committee on the Effects of Atomic Radiation said. What will definitely most kill the people are their overreactions and stress over possible radiation afflictions.

Australian Stock Market Report – Morning 5/8/14

In US economic data, consumer credit rose by $17.5 billion in March to $3.14 trillion - this was the largest increase since February 2013. Revolving credit -which measures credit card usage - rebounded by $1.1 billion in March.

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