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Archive for February, 2008

23 Feb

Auction market let-down

Wary buyers kept their hands in their pockets yesterday in what
was supposed to be the busiest day for auctions so far this
year.
With sellers flooding the market in the hope of a repeat of the
frenzied bidding war that marked last year, agents blamed higher
interest rates, the volatile sharemarket and rising petrol
prices.
“People are feeling decidedly nervous,” said [...]

23 Feb

Intel to produce chip for low-cost computer market

US semiconductor giant Intel Corporation plans to produce a chip for the low-cost computer market, a spokesman for the group said Friday, confirming media reports.
The world’s leading chip maker likely will make the official announcement in early March, the spokesman said.
Intel already has a low-cost laptop, Classmate, targeting emerging economies worldwide, but it is powered [...]

23 Feb

Melbourne’s property boom cools off

Melbourne’s rampaging property boom has cooled after many years of soaring prices, with a sign that auctions are now failing to fire.
The Real Estate Institute of Victoria (REIV) has told Fairfax newspapers the property market had peaked and prices were easing.
And some real estate agents have reported clearance rates of less than 60 per cent.
Last [...]

23 Feb

Active v passive tense

It’s not a battle of Paul McCartney/Heather Mills
proportions but there is no love lost between active and passive
fund managers. Australians have even more money riding on the
outcome than the ex-Beatle - the $1.5 trillion we have invested
either directly or through super in funds.
On one side of the courtroom, active managers contend that by
analysing stocks and [...]

23 Feb

FEATURE-China’s noodle makers vie for share of $13bln market

TAIPEI, Feb 24 (Reuters) - With many of China’s 1.3 billion
people eating them every day, it’s not surprising that instant
noodles are big business in China where an economic boom has
created a generation of instant noodle eaters.
From office workers in Shanghai to labourers on Shenzhen
construction sites, instant noodles are eaten with relish due
to the [...]

23 Feb

Intel sees big dollars in tiny package

SAN FRANCISCO (Reuters) - For all the hubbub about emerging
markets and developing economies in China and India, chip maker
Intel has found a new market in its own back yard for its first
new microprocessor design in years.
The world’s largest computer chip maker is readying the
processor, code-named Diamondville, for introduction toward the
middle of this year. [...]

23 Feb

Bands reach fans through Spanish-language Facebook

MIAMI (Billboard) - When Internet users in Latin America logged on to Facebook during Valentine’s Day week, they found a site that needed no translation.
It was Facebook’s first step toward a broad internationalization plan. Since February 11, any person from a Spanish-speaking country who visits Facebook will see the site in Spanish, while users from [...]

23 Feb

Delving into a once-taboo literary work

“You might ask, ‘Only 3,000 sold?’ ” said UCLA historian Margaret C. Jacob, an authority on the “Ceremonies.” “But trust me. In 1740, that would have made the New York Times’ bestseller list.”
The work appeared in nine volumes and was a forerunner of the modern encyclopedia, offering hundreds of entries on religious traditions worldwide.
Particularly galling [...]

23 Feb

‘The Kite Runner’ (Kabul kids before and after the Taliban) — 2 stars

The second part of the story, breathlessly compacted into blunt, bold-stroke highlights by screenwriter David Benioff, finds Amir and his father living in Fremont, Calif., in the late 1980s. The cultural dislocation such people feel, having escaped their homeland with little more than their lives, isn’t given much screen time here. The director Marc Forster [...]

23 Feb

‘Persepolis’ (based on Marjane Satrapi’s graphic-novel autobiography) — 3 1/2 stars

Not that Satrapi’s story lacked humor the first time around. Her appalled yet amused self-effacement is part of the charm of her work. But in the film version, all the emotions come across more vividly and more effortlessly. Giddy interludes like a pocket history of the Shah’s regime, presented as a stylized animated puppet-show, or [...]


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