Will a Asus - Vivobook 15.6 Touch-Screen Laptop 8GB Memory be good for video editing, Photoshop, etc?

Will a Asus - Vivobook 15.6" Touch-Screen Laptop - 8GB Memory - 750GB Hard Drive 4th Gen Intel® Core™ i5-4200U processor with HD Graphics 5000, be good for video editing, Photoshop, and minecraft with feed the beast? And if this laptop is not good can you find or link me one my budget is $500-$750. Also can i use like an elgato capture card on the laptop for recording xbox games? If you want to see the laptop i'm talking about just go on best buy and look up: Asus - Vivobook 15.6" Touch-Screen Laptop - 8GB Memory - 750GB Hard Drive. Anything will help even if you can answer some of my questions. Please reply fast.

If you want the most power for your dollar, skip the touchscreen - it adds so much to the price. However, this laptop seems decent enough for video editing and minecraft.