Most tablet makers are building the wrong field of dreams and at least one CEO has got himself separated from his company for it. It is plain for all to see that Apple's field of dreams is their network of dedicated Apple stores worldwide.This might even be the reason why Apple will own the tablet space for the foreseeable future. Richard Shim, senior analyst at Displaysearch wrote in this blog about the exigencies of selling a product like a table through a traditional retail chain such ...
After India claimed World Cup glory on the night of April 2, not many remembered that it was the spin legend Muttiah Muralitharan's last ever International match.
Amongst all the talk of war, when India faces Pakistan in the semi-finals of the Cricket World Cup, it would be good to remember that at the end of the day, it is a Cricket match.
All eyes are now riveted on the upcoming Wednesday’s key semi-final tie between India and Pakistan in the tenth edition of the World Cup Cricket tournament to be played in the north Indian city of Mohali.
Real Madrid will host Olympique Lyon at the Santiago Bernabeu on Wednesday in the second-leg of the last-16 round encounter, knowing that they can go through to the quarter-finals with a goalless draw.
There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
U.S. stocks edged up higher on some positive jobs data and reassurance from the Federal Reserve that the economy is recovering. However, any equity gains were capped by fears over the continued unrest in Libya and rising crude oil prices.
The silver market has greeted the revival of forward sales by miners with sanguinity as prices sit at 31-year highs, but other signals suggest supply may really be scarce and investors are poised for more price gains.
Shanghai and Hong Kong look set for a collision course as they seek to attract yuan listings by foreign firms, in a battle where the mainland market may have the upper hand initially.
Flush from heady sales in the world's largest auto market, foreign car makers now see China as a launch pad for exports, with General Motors (GM.N) (GM) blazing the trail with shipments of its Chevy Sail.
Even with Middle Eastern tumult tearing down governments and pushing up oil prices, China will stay a restrained regional player, reluctant to gamble a growing pile of economic chips for uncertain political gains.
The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.
The loss against Birmingham City in the Carling Cup final will be the biggest test of the young Arsenal side's mental strength.
Western investment banks are keen to underwrite more IPOs on China's Shenzhen exchange this year as a surging economy turns the once insignificant market into a fundraising hotbed.
Apple Inc. is expected to release a new cheaper version of the iPhone during 2011 to deal with growing smartphone competition.
You can't really blame financial hacks for getting things so wrong, so often. Because every financial decision you now make is a speculation on interest rates. And so pretty much every story a financial journalist might choose to write must start and end with the same speculation, built on the inaction of each monthly central-bank vote.
The bull market in Gold is in its 12th year (globally it began in 1999) but has yet to exhibit any bubble-like conditions. Institutional accumulation began in 2009 (e.g. Paulson, Einhorn) and we know that phase lasts at least a few years before a bull market gives birth to a bubble.
Whatever your finance advisor, economics professor, banker or coin dealer might tell you, no single asset class - bought today - can promise to hold or grow its value, year after year, until precisely the day when you need to sell it and spend.
The Egyptian government should be responsive to its people's aspirations, the White House has said in measured but unusually strong comments about the raging anti-government protests in Egypt which forced the reported fleeing of the president’s son to Britain.
Some surprises, some yawns and some expected
The gold naysayers are using rising rates as a way to dismiss gold. Let me explain why this belief is not only false but also utterly dangerous. First and foremost, the parameters have changed in just a few short years. Government debt has increased substantially in the last few years.
Precious metals dropped to fresh multi-week lows on Tuesday helped by a view that rising overall investor confidence will cut safe-haven demand for the commodities while chartists turned history pages and 'decided to wait' for an additional discount of $30 for an ounce of gold, which is already $100 down from its peak seen less than two months ago.
Precious metals fell on Tuesday as a slew of data suggested better global economic environment, reducing investors' need to lock in their money in safer but less profitable avenues like metals while technical analysts see further room southward for the commodities.
Lately, we've noted the improving sentiment picture for Gold. As a market weakens, sentiment will naturally become less bullish. In this case, sentiment has weakened considerably yet Gold is only 6% off its high. Most interesting in particular is the divergence between the COT data for Gold and Silver and the rest of the commodities.
The yellow and white precious metals have pared most of Monday's Asian gains in North American trading but the metals see strong supports at current levels as the sharp correction in recent days have already brought them to technically justified points of entry.
EUR/USD gained ground on Tuesday and moved off an 18-day low it hit on Monday. The pair now has immediate resistance around 1.3285, a Fibonacci retracement level which comes just above 50-day and 100-day SMAs on 4-hour chart. RSI also suggests bullishness for the pair.
With war tensions in Korea strengthening the dollar and rating tensions in Ireland weakening the euro, EUR/USD continued southwards and touched an 18-day low on Monday.
Given the long-term importance of 1.53 area, chances of GBP/USD consolidating there until getting an opportunity to bounce back to 1.63 zone are high.
The Australian dollar that rose above parity on Tuesday helped by renewed risk appetite after the US Fed's decision to keep its accommodative policy intact for an extended period of time, but was down across the board in Asian trade on Wednesday as investors booked profit.
The British pound strengthened on Tuesday on a higher-than-expected inflation reading for November, with the sentiment also supported by a view that the US Federal Reserve may expand its bond buyback program at its monetary policy later in the day, supplying more dollars into the system.
