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Oct 17, 2011

Stocks & Markets in The News: Asia : Asia stocks extend losses after China data: MarketWatch - Asia



Asia 

News at time of Posting



Asia stocks extend losses after China data Asian stocks trade sharply lower, with many indexes adding to losses after Chinese economic data show a slower third quarter but a boom in some September numbers. 32 min ago
 
Opinion: India's Telecom Blues Opinion Journal: The mobile-phone industry, once a huge success, ran off the rails in a corruption scandal last year. Joseph Sternberg and Abheek Bhattacharya discuss whether New Delhi can get the industry back on track. video content 8:50 p.m. Today
 

Asian stocks rise on European resolution hopes Asian stocks rise, helped by end-of-the-week gains for U.S. shares and increased hopes for a resolution to the European debt crisis. 4:07 a.m. Today

Stocks & Markets in The News: China's GDP growth slows but retail sales jump: Market Pulse | MarketWatch

By Michael Kitchen
LOS ANGELES (MarketWatch) -- China's third-quarter gross domestic product rose 9.1% from a year earlier, the National Bureau of Statistics reported Tuesday. The result slowed from the second quarter's 9.5% gain and was slightly below the median forecast of 9.2% in separate Dow Jones Newswires and Reuters surveys. Industrial production for September rose 13.8% year-on-year, accelerating from 13.5% in August and above a 13.3% prediction in the Dow Jones Newswires and Reuters surveys. September retail sales rose 17.7%, beating a Reuters forecast of 17% growth. Chinese stocks added to losses following the data, with Hong Kong's Hang Seng Index HK:HSI -3.45% down 3.2% -- having traded down 2.9% ahead of the release -- and the Shanghai Composite CN:000001 -1.49% losing 1.2%.

Smartcompany News & Analysis: 10 ways to prepare for Christmas, Tyre chain collapses, Inside the new law that will touch thousands of SMEs, NBN rollout plans revealed

smart company logo image

Today on SmartCompany we look at how the NBN will roll out over the next 12 months, examine the collapse of a major tyre chain and take a close look at Super Retail Group’s acquisition of Rebel Sport. It’s the biggest retail takeover in three years, but can Super Retail Group deliver the growth to make the deal work?

We’ve also got two great features: Patrick Stafford on what businesses (both B2B and B2C) can do to get ready for Christmas and lawyer James Berman on why the Personal Property Security Act is the most important new law you’ve never heard of. Plus don’t miss James Thomson and the strange and sad case of how the richest woman in Europe lost her fortune.

For all this and more, head to our home page.

Top Story
10 ways to prepare your business for Christmas
With just under 10 weeks until Christmas, time is running out for businesses to get themselves ready for the biggest shopping event of the year. BY PATRICK STAFFORD.
Christmas preparations

Legal Update
The Personal Properties Securities Act: A brave new world for SMEs
Following several false starts, in February 2012 the PPSA is likely to commence, creating a single unified registry for security interests over personal property. BY JAMES BERMAN.
A brave new world for SMEs

Aunty B
Should I pack up my passion and leave?
You are a darling! I would swoop you up under my arm and take you back to my office given half the chance.
Aunty B

People problems
Eve Ash
When there are only 24 hours in the day, time seems to be an enemy more than a friend, so wherever possible we need to increase our productivity and effectiveness.
Eve Ash

Gen-Y Millionaire
Kirsty Dunphey
Being named the Real Estate Institute of Tasmania's Property Manager of the Year has resulted in an even more important prize.
Kirsty Dunphey

Brand
Michel Hogan
The law of the adjacent possible is a powerful theory that could just as easily be applied to brand as to innovation. It’s an idea worth thinking about.
Michel Hogan

Entrepreneur Watch
James Thomson
The bitter dispute between L’Oreal heiress Liliane Bettencourt and her daughter could rage on.
James Thomson

GATA: THE GATA DISPATCH: Michael Kosares: Misery Index drives gold demand

Michael Kosares: Misery Index drives gold demand

8:30p ET Monday, October 17, 2011

Dear Friend of GATA and Gold:

Michael Kosares, proprietor of Centennial Precious Metals in Denver, notes tonight that if the inflation figures used by Shadow Government Statistics -- inflation figures calculated in the old way -- are followed, the "Misery Index" under President Obama is 50 percent worse than it was under President Carter. That "Misery Index," Kosares writes, is driving gold demand, and his commentary can be found at USAGold here:

http://www.usagold.com/amk/specialreportoct2011.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Theg Australian IT - PiNG: iPhone sales ban sought by Samsung

iPhone sales ban sought by Samsung
Andrew Colley SAMSUNG yesterday sought to ban sales of Apple's new iPhone 4S in Australia, escalating the patent war between the companies
 
Bionic eye team looks to catch up
Andrew Colley THE consortium behind Australia's bid to be a force in bionic eyes has burned through more than half its $42 million war chest.
 
KPMG expert to comb for clues
Fran Foo A  KPMG forensics expert has been appointed to comb through NSW Police computers.
 
Canberra considers piracy discussion
Andrew Colley THE federal Attorney-General may soon search publicly for a solution to growing industry tension over online piracy.
 
Dell weighs regional centre
Stuart Kennedy DELL may place an Asia-region security operations centre in Australia to underpin Asian operations.
 
Schools on target to meet deadline
Fran Foo THE 1:1 ratio between secondary school students and computers will be achieved by all public schools at the end of 2011.
 
Looking into the big blue future
Chris Griffith IBM senior vice-president John Kelly knows the future of information technology as much as, or more than, anyone on the planet.
 
Apps replace St George branches
Fran Foo THE rate of St George Bank customers using mobile devices for financial transactions is growing fast.
 
IBM profits up 7pc
Shara Tibken IBM reported a 7 per cent increase in third-quarter earnings and again raised its 2011 outlook.
 
iPhone 4S sales top 4 million
APPLE said it sold more than four million iPhone 4S devices in the first weekend that the smartphone was on sale.
 
iPhone adds features to elegance
Chris Griffith APPLE seems to have disappointed few by releasing an iPhone that looks the same as its predecessor.
 
Next Apple visionary may be close by
David Frith WITH Steve Jobs sadly gone, a lot of people are wondering if Apple has anyone with the exceptional kind of vision he supplied.
 
NBN Co did not factor in TV cable
Annabel Hepworth NBN Co did not calculate the impact on its business case of a model where Telstra use its pay-TV cable to compete in broadband.
 
Remote auditing bridging the gap
Jennifer Foreshew NGANAMPA Health Council covers about 100,000 sq km of land in the far northwest of South Australia.
 
Olson realigns to put Transpire on a roll
AMBITION: Paul Broekhuyse AUSTRALIAN IT consultancy Transpire has named Jeff Olson as head of its strategy alignment business.
 
Cloud services sound death knell for CDs
Brad Howarth CLOUD computing has already reshaped the software development industry, but it could also accelerate the death of the CD library.
 
New frontier in digital sock drawer
Mahesh Sharma CLOUD computing has created the platform for delivering innovative new products and services across the world, and this trend is poised to accelerate over the next few years.
 
Benefits of the cloud are getting through
Ian Grayson SUBSTANTIAL investments are morphing cloud computing from a technical novelty into a mainstream business strategy.
 
Numbers add up for busy owners
Brad Howarth IT was at a traditional accounting firm that Guy Pearson first understood cloud computing's potential.
 
Public system helps light up network map
Ian Grayson ONE South Australian company is taking its first steps into the world of public cloud computing.
 
Jobs farewelled by internet nobility
SILICON Valley nobility have paid tribute to Apple co-founder Steve Jobs at a private memorial service held under tight security.