The new Galaxy J, touted as a hybrid of Samsung's 2013 flagship phones Galaxy S4 and Note 3, is said to have a mix of best features of the devices.
The Australian share market ignored positive economic data out of China and the US and instead started the week in the red, as investors ran scared following a shock profit warning from Australia's largest insurer QBE (QBE). The All Ordinaries Index (XAO) closed lower by 37.6pts or 0.7 per cent...
Air Canada is mulling to buy more aircraft to support its fleet and is just reportedly close to deciding which from Airbus or Boeing it will enter the deal with.
Australian internet service provider TPG Telecom Ltd has entered into a binding agreement with Telecom New Zealand to purchase the latter's Australian unit AAPT for AU$450 million.
A report from UBS revealed that Aussie bank stocks are the most expensive in the world
China has been enveloped in smog again over the weekend.
Local trade on Monday was defined by continued weakness in the face of solid gains for US stocks on Friday. US markets were able to embrace the better than expected employment data (unemployment at a 5 year low with job creation beating expectations of 200k jobs added in November).
Friday night's unemployment print and non-farm payroll number has certainly awoken one thing - speculation.
In US economic news, employment (non-farm payrolls) rose by 203,000 in November, ahead of forecasts for a gain of 180,000. The unemployment rate fell from 7.3% to a five-year low of 7. Meanwhile personal income fell 0.1% in October while spending rose 0. And consumer sentiment rose from 75.1 to 82.5 in December.
-More leasing income, higher margins-Growing scale offsets subdued backdrop