At 11:06 PM ET
At least 15-minute delay
|Change||% change||1 month||1 year||Low High 52-week|
|Nikkei 225 Japan||9,048.35||+121.81||+1.36%||+5.02%||–3.39%|
|Hang Seng Hong Kong||20,084.65||+395.95||+2.01%||+11.51%||–13.47%|
|Shanghai Composite China||2,459.92||+24.30||+1.00%||+2.84%||–17.80%|
|All Ordinaries Australia||4,413.70||+9.83||+0.22%||+7.71%||–7.13%|
Oct 27, 2011
Stocks and Markets in The News: Beijing, Taipei to expedite bank liberalization: Asian Markets' Latest News | MarketWatch
Smartcompany News & Analysis: Warning on new director liability laws, Inside the 10 speed economy, SME confidence falls, Understanding customer needs, Shares jump on Euro deal.
Today on SmartCompany we look at how the Greens plan to fund their 5% company tax cut for small businesses, examine the latest reading on SME confidence, and take a look at what NAB’s chief executive has called the “10 speed” economy. Plus in Entrepreneur Watch, James Thomson looks into the work from home OH&S trap and spots a potential solution that would work for SMEs.
For all this and more, head to our home page.
For all this and more, head to our home page.
|New York Market Close Oct 27/11 05:21 PM EDT|
| Metals || Bid || Ask || Change || Low || High |
|Apple, Samsung case faces hurdles|
|Andrew Colley EFFORTS to speed settlement of Apple and Samsung's patent dispute in the Federal Court could face a roadblock.|
|Poor uptake for Healthcare Identifiers|
|Karen Dearne THE Healthcare Identifier service has seen very little activity in the year after its launch by Health Minister Nicola Roxon on July 1, 2010.|
|NAB infrastructure bill up|
|Andrew Colley NAB has revealed that its new banking platform increased its infrastructure bill by over half during its last financial year.|
|Glitch shuts ASX as rival nears|
|Andrew Main THE Australian Securities Exchange had its worst technical glitch yesterday, with trading immobilised for almost four hours.|
|M2 seeks acquisitions|
|Stuart Kennedy Junior telco M2 Telecommunications will push into further acquisitions, cloud computing services and may become an NBN aggregator.|
|Motorola unveils Razr smartphone|
|Chris Griffith MOTOROLA has launched its new Razr smartphone in Australia -- a successor to its Atrix phone released locally in May.|
|Facebook data centre hits Arctic Circle|
|FACEBOOK will build a new server farm on the edge of the Arctic Circle, its first outside the US.|
|HP to keep PC business|
|HEWLETT-PACKARD said it will keep its PC division, backing away from its former CEO's proposal to spin off the unit.|
|US unveils rules for broadband fund|
|US Federal regulators have unveiled a plan for overhauling the $US8 billion fund that subsidises phone service in rural areas.|
|Queensland focus for Polycom|
|Paul Broekhuyse UNIFIED communications specialist Polycom has chosen Gavin Douglas to be its first dedicated territory manager for Queensland.|
|Nintendo's losses grow|
|JAPANESE game maker Nintendo said its net loss grew to 70.3 billion yen ($926 million) for the six months through September.|
|Samsung speeds up injunction appeal|
|Andrew Colley SAMSUNG'S appeal against a temporary injunction on the sale of its Galaxy Tab 10.1 is to be accelerated before the Federal Court.|
» At a decisive summit on the euro-zone crisis, the leaders of the 17 countries in the currency block reached an agreement that will see private-sector holders of Greek debt take a 50% cut in the value of their bonds. There was also a deal to expand the scope of the European Financial Stability Facility, the euro-zone's bail-out fund, and to boost the capital buffers of European banks. But the agreement was short on details. See article »
» David Cameron needed the support of his coalition partners and the Labour opposition to defeat a rebellion by Conservative backbenchers, who wanted Parliament to call a voters' referendum on whether Britain should stay in the European Union. See article »
» An earthquake hit the province of Van, in eastern Turkey, killing hundreds. Although it at first rejected all offers of help, the government eventually accepted aid from foreign countries as it sought to rescue the many people believed to be trapped under rubble. See article »
» The Basque terrorist group ETA declared a "definitive cessation" to violence. The group has been severely weakened in recent years by a series of successful police operations in Spain and France. See article »
» The anti-immigration Swiss People's Party unexpectedly lost support at an election in Switzerland, although it will remain the biggest party in parliament. Under the country's complex political arrangements, a new cabinet will not be formed until December.
A man with a plan, sort of
» Rick Perry rejigged his campaign for the Republican presidential nomination by announcing a proposal for a national flat tax to replace the current system of income taxes. The Democrats immediately criticised it, calling it a tax cut for the wealthy. See article »
» Police in Oakland, California, fired tear-gas to disperse a demonstration by anti-capitalist protesters. In London St Paul's Cathedral shut its doors to visitors for the first time since the second world war, as activists refused to move their campsite from the cathedral's precincts.
» Barack Obama confirmed that all remaining American armed forces, still numbering around 39,000, would withdraw from Iraq as planned by the end of the year. Negotiations with the Iraqis to retain up to 5,000 troops as advisers and trainers failed over a disagreement to provide the men with immunity from Iraqi law. See article »
At the ballot box
» In an election for a constituent assembly in Tunisia, Nahda, the main Islamist party, which was banned under the old regime of Zine el-Abidine Ben Ali, won at least 41% of the seats with at least 25% of the vote. It easily beat a clutch of more secular parties, the largest of which won 14% of the seats. Led by Rachid Ghannouchi, Nahda says it is willing to form a ruling coalition with its secular rivals. The new assembly will appoint a government and draft a constitution. See article »
» Following the capture and death on October 20th of Muammar Qaddafi, Libya's new rulers said a fresh government would be appointed within a month and elections to a constituent assembly would be held within eight months. See article »
» The death on October 22nd of Crown Prince Sultan bin Abdel Aziz, heir to the Saudi throne and half-brother to King Abdullah, raised questions about the Saudi succession. The next in line to the throne is likely to be Prince Sultan's full brother, Prince Nayef, the interior minister, who is considered a staunch conservative. See article »
» Protesters in Syria's third city, Homs, its fourth city, Hama, in various other towns and in parts of Damascus, the capital, held a general strike. Supporters of President Bashar Assad rallied in his favour in Damascus. Officials of the 22-country Arab League met Mr Assad there in an effort to negotiate an end to the unrest that has rocked the country since March.
» South Africa's president, Jacob Zuma, sacked two senior ministers and suspended the chief of police, all amid accusations of corruption.
Queen of all she surveys
» Cristina Fernández crushed her rivals to win a second term as Argentina's president, securing nearly 54% of the vote. Her nearest challenger, Hermes Binner, a moderate socialist, won only 17%. Ms Fernández's supporters regained a majority in both houses of Congress. See article »
» Brazil's sports minister resigned following corruption allegations made against him. He is the fifth minister in Dilma Rousseff's government to depart this year amid claims of graft. Brazil hosts the World Cup in 2014.
» Andrew Holness, a 39-year-old former education minister, became Jamaica's youngest prime minister. He was chosen by the ruling Jamaica Labour Party to replace Bruce Golding, who announced his resignation a month ago.
» Doctors treating Hugo Chávez, Venezuela's president, denied a claim, made by another doctor, that he has only two years to live. However, they did not reveal what kind of cancer Mr Chávez has had.
» Bolivia's president, Evo Morales, scrapped a road project through a lowland national park, yielding to protests by its indigenous inhabitants whom he had earlier derided. The Indians said the road would be a boon to coca growers, whose union Mr Morales still heads, and expand their plantations.
» Authorities in Thailand gave people five days off work to allow residents of Bangkok to leave the capital ahead of expected flooding. The government had already imposed rationing on food. Hundreds of people have been killed by the deluge in other parts of the country and thousands of factories closed.
» Vietnam confirmed that the last rhinoceros in the country was killed earlier this year, most likely by poachers. It was the last of its kind to have lived on the Asian mainland; a few dozen remain on Java. Other species of large mammals in Vietnam are in imminent danger of extinction, because of deforestation and illegal trade in wild-animal parts.
» Japanese researchers scouring the deep seabed around Nagasaki uncovered the remains of a Mongol shipwreck from the 13th century. Kublai Khan twice tried and failed to invade Japan; this discovery may shed light on the Mongol military of the time.