BUSINESS

Australian Stock Market Report – Afternoon 4/8/14

The Australian share market closed only modestly lower on Tuesday despite big falls once again on Wall Street overnight. Investors continued to sell out of biotech and technology stocks on fears they are overpriced.
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Global Markets Overview - 4/8/14

With the NASDAQ logging its worst three days of trade since November 2011 last night, the growing roar of the bears was easy to see. The bears point to several reasons for their calls on tech stocks, including technical breakdowns, over valuations and the fact that these stocks have been some of the best performers of the last 24 months; profit is glaring.
Vittorio Hernandez Apr 08, 2014

Australian Stock Market Report – Morning 4/8/14

In US economic data, the employment trends index rose from 117.01 to 117.52 in March. Consumer credit rose by US$16.49 billion in February, above the forecast for a US$14.09 billion rise..
Vittorio Hernandez Apr 08, 2014

Tweed Marijuana Stocks 3rd Most Traded in Canada, Up 183% in Friday Trading

It is not just the Wolf of Weed Street who made a lot of money on trading medical cannabis stocks. Early traders of Tweed Marijuana (TWD) shares on Friday, when the company became the first publicly traded producer of medical weed at the TSX Venture Exchange in Canada, also got a financial high.
Vittorio Hernandez Apr 08, 2014

Australian Stock Market Report – Afternoon 4/7/14

The Australian sharemarket kicked off the week a touch lower, with the All Ordinaries Index (XAO) down 0.2 per cent; remaining modestly above the 5400pt mark. Tomb sweeping day in China is being observed today, resulting in the closure of China's markets. Last week, the XAO rose by close to 1 per cent, making it the third straight week of improvements.
Vittorio Hernandez Apr 07, 2014

Air New Zealand Unveils First Black Boeing 787-9 Dreamliner

Boeing has debuted over the weekend to the global aviation industry Air New Zealand's first ever 787-9 Dreamliner. And it's painted black all over with the official New Zealand Fern Mark the only colour contrasting it in white emblazoned across the rear of the plane.
Esther Tanquintic-Misa Apr 07, 2014
A woman holds a candle with a picture of Pope John Paul II as she commemorates the ninth anniversary of his death in Wadowice, the birth place of the Polish pope, April 2, 2014. Pope John Paul II will be canonized during a celebration mass led by Pope Fra

Canonizations For Popes JPII, John XXIII to Proceed in Francis’ Style

Humility and simplicity are Pope Francis' leadership mantras ever since accepting the post as supreme Pontiff of the Roman Catholic Church. These should no longer come as a surprise on the set April 27 canonization of Popes John Paul II and John XXIII.
Esther Tanquintic-Misa Apr 07, 2014
Britain's Prince William, his wife Catherine, Duchess of Cambridge, and their son Prince George disembark from their plane after arriving in Wellington

New Zealand Business and Tourism to Benefit from Royal Couple, Prince George Tour

The royal tour of the Duke and Duchess of Cambridge of New Zealand will bring many benefits to the country. The New Zealand government said the royal couple's visit is good for the island nation. The Duke and Duchess of Cambridge are set to begin their nine-day tour of New Zealand. The government has promised that the money used will be going back to the economy as the royal tour highlights the country's business and tourism industry.
Reissa Su Apr 07, 2014

Global Markets Overview – 4/7/14

We saw an interesting reaction to the non-farm payrolls on Friday night, with a read of 192,000 - short of the consensus read of 200,000. However, it was the first time the ADP read and the official read had been with in 2000 of each other in over two years. It was also interesting considering the consensus print had been bid up on some calling for the possibility of 300,000 jobs to be added.
Vittorio Hernandez Apr 07, 2014

Australian Stock Market Report – Morning 4/7/14

In US economic data, non-farm payrolls (employment) rose by 192,000 in March, just short of the median forecast tipping a rise of 200,000 jobs. The unemployment rate was steady at 6.7%. Average earnings were flat and the work week rose from 34.3 hours to 34.5 hours.
Vittorio Hernandez Apr 07, 2014

Tips on Cannabis Stock Trading from the ‘Wolf of Weed Street’

A 35-year-old disaster consultant quit his job in December after making $515,000 so far in trading marijuana stocks. Thanks to the legalisation of cannabis in some states, trading in the once-prohibited drug - both in real leaf and on paper - is becoming a growing subsector in international stock trading.
Vittorio Hernandez Apr 07, 2014

Aussie Teens Top Global Youth Well-being Index

Australia is the top place to be a teenager, according to a study by the Center for Strategic and International Studies and the International Youth Foundation. The two organisations drew a Global Youth Wellbeing Index that it released this week.
Vittorio Hernandez Apr 04, 2014

Australian Stock Market Report – Afternoon 4/4/14

The Australian sharemarket rose modestly for the third time this week, with the All Ordinaries Index (XAO) edging 0.1 per cent higher by the close. The XAO finished above the 5400pt mark, helped by the fourth consecutive record close for U.S. markets last night.
Vittorio Hernandez Apr 04, 2014

Australian Stock Market Report – Midday 4/4/14

The Australian sharemarket is treading water ahead of the all-important non-farm payrolls report out later this evening. This is the most important piece of insight into the state of North America's employment market.
Vittorio Hernandez Apr 04, 2014

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