Typhoon Haiyan (Yolanda) Hits the Philippines; Winds Strengthen to 245 MPH, Equivalent to Category 5 Hurricane (VIDEOS OF YOLANDA’S WRATH)
Super typhoon Haiyan (local name: Yolanda) hit the Philippines on Friday morning, carrying stronger winds of 235 mph, up from previous reports of 195 mph sustained winds and gusts of 235 mph.
Global Markets Overview – 11/8/13
It was a volatile night for global markets with some key releases resulting in some sharp moves in equities and currencies.
Australian Stock Market Report – Morning 11/8/13
In US economic news, the advance reading of economic growth in the September quarter was 2.8pct, above forecasts for 2.0pct annualised growth. New claims for unemployment insurance (jobless claims) fell in the latest week by 9,000 to 336,000, close to forecasts.
RadioLive Suffers Advertising Backlash After Interview With Friend of Roast Busters Victim Supporting Rape Culture (VIDEOS)
New Zealand broadcasting station RadioLive is feeling the backlash of an advertising pullout over an interview made by station hosts Willie Jackson and John Tamihere with a friend of an alleged rape victim of the notorious Roast Buster gang.
Will the Next Apple iPad Sport a 12-Inch Screen?
Will the next tablet from Apple sport a large display as big as laptops or about 12 inches? Reports from Foxconn, Apple's Taiwanese manufacturing plant, indicated the next iPad being tested now could have a screen between 11.4 inches and 12.9 inches in length, said Apple Insider.
Is Megastorm Yolanda (Haiyan) the Daughter of 1970 Typhoon Yoling? A Review of 5 Superstorms That Battered the Philippines in the Past 5 Years
With the expected entry of megastorm Haiyan (Local name: Yolanda) in the Philippine area of responsibility by Thursday night or Friday morning, the Philippines will once more reaffirm its unfortunate title of natural calamity capital of the world.
Australian Stock Market Report – Afternoon 11/7/13
The Australian share market closed in negative territory today, although off its earlier lows, weighed down by a number of big name financial stocks which traded without rights to their dividends. It was a different story on Wall Street, where solid buying in blue chip stocks lifted the Dow Jones Index to a record high.
BC, Alberta Reach Framework for $12B Worth of Oil Pipelines Project
The two female premiers of western Canadian provinces agreed on Wednesday to a framework that would push through with major oil pipeline projects worth $12 billion being proposed by Enbridge and Kinder Morgan.
Australian Stock Market Report – Midday 11/7/13
The Australian share market is modestly weaker at lunchtime in the East, despite US blue chip stocks recording solid performances overnight. The US Dow Jones Index closed at record highs, although weaker than expected earnings from electric car maker Tesla weighed on the NASDAQ.
Australia’s Iron Ore Miners Add $65B to Value Due to Better Commodity Price
Analysts forecast that Australia's mining boom is approaching its end would likely be questioned again as the country's iron ore sector just added $65 billion to the current financial year due to higher commodity prices.
French Court Orders Google to Block Sadomasochistic Orgy Image of Former Formula One Boss Max Mosley (VIDEOS)
Type "Max Mosley sado masochistic" on Google Image search and photos of the former Formula One boss will pop up on your computer screen. The images include Mr Mosley tied up and naked while being whipped on the butt by a woman. It is images like those that Paris's Tribunal de Grande Instance, in a landmark decision, ordered Google on Wednesday to block on its search engine the sadomasochistic photos of Mr Mosley while in orgy.
Global Markets Overview – 11/7/13
Global equities managed to push higher despite some key event risk approaching. Some positive data prints from Europe and more taper talk were at the forefront of the equity price moves. Fed member Williams said he wants to see a fairly convincing case that the economy can grow faster than recent trend before reducing asset purchases. Meanwhile Pianalto hopes the recovery will accelerate to allow the Fed to taper. This is probably the most dovish we've heard Fed members since the meeting and ...
Australian Stock Market Report – Morning 11/7/13
In US economic news, the leading index rose by 0.7pct in September, just above forecasts. Planned layoffs by companies lifted by 40,289 to 45,730 in October according to Challenger. And the mortgage market index fell by 7pct in the latest week with purchases down 5.2pct and refinancing down 7.9pct.
Did Police Ignore Rape Complaint of 13-Year-Old Kiwi Girl in 2011 Because One of Roast Busters Members Is Son of a Cop?
Police claimed there was lack of evidence on the rape complaint of a 13-year-old Kiwi girl but could the hesitation to file a case be because one of the Roast Busters members is the son of a police officer?
Samsung Beats Apple Tablets for the 1st Time in Latest JD Power Satisfaction Survey (VIDEOS)
Smartphones had been Samsung's kingdom the past several quarter, while tablets were ruled by Apple. However, in terms of user satisfaction, Samsung has crossed over and also dominated the world of tablets.
WBC Names Boxer Floyd Mayweather Jr Supreme Champion (VIDEOS)
Because of American boxer Floyd Mayweather Jr's unbeaten record with 0 loss, the World Boxing Council (WBC) said on Wednesday that they will crown him as Supreme Champion.
Samsung Hints of Device With Fully Foldable Screen by 2015 (VIDEOS)
Samsung continues to offer consumers innovation which explains why the South Korean tech giant handily beats rival Apple in securing the largest slice in the smartphone pie.
Australian Stock Market Report – Afternoon 11/6/13
A reasonable performance from local stocks to end flat after the early deficit seen in the first ten minutes of trade. The ASX200 was at its best levels around the open when it was up by 1.5 points. Not long thereafter the lows were put in place when the index was down by 26 points. The market spent the remainder of the session trading higher, and by the final bell it just crossed the line into positive territory.
Australian Stock Market Report – Midday 11/6/13
Australian shares are lower for the fourth time in five trading sessions, with the All Ordinaries Index (XAO) down by 0.3 per cent. Despite low volumes yesterday (generally around 30% quieter than usual on Melbourne Cup day), local stocks rose by 0.75 per cent, which is still keeping the market positive this week.
Ottawa Regulators Blocking Lenovo Buy-in Due to National Security, Alleged Reason for BlackBerry’s Change of Plans
The sudden change in BlackBerry's plan to sell the financially challenged company should have aroused suspicion that there's more to the about face than the ability of interim BlackBerry Chief Executive John Chen to turnaround a floundering company like he did before for Sybase.
Cheaper Phones Soon from HTC as Taiwanese Firm Attempts to Return to Profitability
Taiwanese tech firm HTC does not want to follow the footsteps of embattled Canadian phonemaker BlackBerry is making expensive, but unsellable phones. That means its flagship HTC One would probably the last premium handset from the company for some time.
Global Markets Overview – 11/6/13
We continue to see a cautious tone in global equities, with the bulls sceptical about adding to longs as the tapering debate ramps up. A better-than-expected ISM non-manufacturing PMI (55.4 versus 54.2 expected) set the tone for the tapering argument.
Australian Stock Market Report – Morning 11/6/13
In US economic news, the ISM services index rose from 54.4 to 55.4 in October, ahead of forecasts centred on a reading near 54.0. The employment component rose from 52.7 to 56.2. And weekly chain store sales, as monitored by Redbook, were up 3.8pct on a year ago, ahead of the 3.6pct gain in the previous week.
Global Candy Crush Addiction Earns Game Maker $670,000 a Day
Facebook users who are not Candy Crush players may often find it irritating that the first thing they see when they check their newsfeeds are invitations to play the addicting game or updates on the level of their friends on Candy Crush.
French Teen Outwits Sex-Crazed Dad by Using Webcam to Record Abuse (VIDEO)
If a female cadet in Australia was victimised by other male cadets when her lovemaking session was broadcast via Skype, a French teenage used the Web cam of help computer to get her sex-crazed father arrested.
Indonesia Threatens to Cut Cooperation with Australia Over Spying Row
Indonesia is threatening to cut cooperation with Australia in areas such as people smuggling and disruption of terrorist attack as a reaction to reports that Canberra cooperated with Washington to conduct spying operations in its Southeast Asian neighbour.
Australian Stock Market Report – Afternoon 11/5/13
The Australian sharemarket rose for the first time in four trading days, with the All Ordinaries Index (XAO) gaining by 0.8 per cent or 41pts to 5425.7. Most of the key data globally is out on Thursday, Friday and Saturday; namely Chinese and American economic data.
Would You Buy the Samjiyon Made-in-North Korea Android Tablet? (VIDEOS)
South Korea may have produced two tech giants in Samsung and LG, but North Korea appears to be playing catch up in this department.
BHP Billiton Withdraws from $3-Billion Abbot Point Terminal Project
Mining giant BHP Billiton (ASX: BHP) will no longer be a part of the expansion of the Abbot Point coal terminal project after it announced on Monday its withdrawal of a $3-billion port proposal.
Australian Stock Market Report – Midday 11/5/13
The Australian share market is reporting solid gains at lunchtime in the East, ahead of this afternoon's interest rate decision where the Reserve Bank of Australia is expected to leave the official cash rate on hold at 2.5 per cent.