BUSINESS

Australian Stock Market Report – Midday 3/13/14

The Australian sharemarket is improving for the first time this week, boosted by much better than expected employment numbers. The All Ordinaries Index (XAO) is up by 0.7 per cent.. Mining stocks are the best improvers following a tough start to the week due to concerns relating to China's economy and credit issues. The results of the monthly employment report locally and a handful of economic information from our largest trading partner, China are the two highlights today. China buys around ...

Global Markets Overview – 3/13/14

US equities managed to pare losses despite a lack of fresh catalysts to really drive sentiment either way. There was a continuation of similar themes from earlier in the week, with Ukraine uncertainty keeping investors at bay in Europe, while China concerns saw commodities remain subdued. A 0.2% decline in Europe's industrial production which was expected up 0.6% also weighed on commodities. However, copper managed to arrest its slide from yesterday.
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Malaysian Airlines Flight MH370 Sudden Disappearance: Facts, Theories & Hypotheses

With so many stories behind the Malaysian Airlines flight MH370, many people are now confused between the fact and fiction behind its abrupt disappearance. The mystery of the flight's vanishing act has left the world wondering that even the world's top air safety authorities are still in the dark on the technicalities and its disappearance is simply inexplicable.

Australian Stock Market Report – Midday 3/12/14

Sellers have returned to the share market on Wednesday having stayed their hand somewhat in the previous session. The themes driving sentiment remain largely the same, with the central discussion turning around the mining sector and the near term prospects for the price of iron ore. To that end, prices for the commodity have consolidated at $104.90 / tonne in the last day having suffered an 8% decline in the previous day.

Global Markets Overview – 3/12/14

The macro influences remain: China worries; Russian-Ukrainian tensions; sluggish Japanese data; indifferent US data; steel demand in China and the slide into bear markets of industrial commodities.

Australian Stock Market Report – Morning 3/12/14

In US economic data, chain store sales rose by 2.5% in the latest week compared with a year earlier, down from 2.7% in the previous week. Wholesale sales fell by 1.9% in January, the biggest fall in almost five years and well below forecasts centred on a gain of 0.2%. Inventories rose by 0.6%.

Australian Stock Market Report – Afternoon 3/11/14

The Australian share market closed flat on Tuesday, despite another big fall in the iron ore price. The commodity plunged nine per cent to close below US$105 / dry tonne within the last session. However our mining players managed to brush off the big drop after falling heavily during yesterday's trade. A gain in financial stocks helped the market close steady, with the All Ords down just one point to 5429.3.

New Zealand Economy to Gain from China's Plan to Rebalance Economy

New Zealand's economy is expected to have significant gains due to big changes in China which will have a big impact to the island nation's future. According to reports, the Chinese government is resolving to rebalance its economy. China's Finance Minister Lou Jiwei announced that the country's economic growth target will remain at 7.5 per cent for 2014.Mr Jiwei said hitting the growth target does not matter since the government wants to see more of an increase in jobs growth.
A woman looks on in front of a giant screen showing the hours since Malaysia Airlines flight MH370 went missing and the number of passengers onboard, including 154 Chinese people, at a shopping mall, in Beijing March 10, 2014. The disappearance of a Malay

Malaysia Airlines Flight MH370: Conspiracy Theories Abound Missing Plane

Mystery continued to deepen surrounding the fate of the missing Malaysia Airlines Flight MH370 four days after it disappeared on the air with nary a hint of anything that could pinpoint to where it can possibly be right now. Sherlock Homes-conspiracy theorists have pounced on the incident.

Australian Stock Market Report – Midday 3/11/14

The ASX 200 started with modest gains on Tuesday, notwithstanding the weaker finish seen in US markets overnight. At its best levels in the first hour of trade the index was ahead by 11 points, although that lead faded quickly. Patchy improvements for the financials helped the market hold its ground initially.

Global Markets Overview – 3/11/14

We are currently inundated with influential macro events: China data; Russian-Ukrainian tensions; sluggish Japanese data; indifferent US data; steel demand in China and the slide into bear markets of industrial commodities.

Australian Stock Market Report – Afternoon 3/10/14

The Australian share market started the trading week firmly in the red today, following a sharp fall in the iron ore price which weighed on mining stocks. The All Ordinaries Index (XAO) closed down 46.2 points or 0.8 per cent to 5430.8 after rising 1.1 per cent over the course of last week.

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The Patent War: Apple vs. Samsung - Samsung can take a breather

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A relative (front) of a passenger of Malaysia Airlines flight MH370 cries as she walks past journalists at a hotel in Beijing March 9, 2014. The Malaysia Airlines Boeing 777-200ER aircraft carrying 227 passengers and 12 crew was presumed to have crashed o

Malaysia Airlines Flight MH370: Wife of Kiwi Passenger Prays for Miracle, Air New Zealand Still Believes in Safety Features of Boeing 777s

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Australian Stock Market Report – Midday 3/10/14

The Australian sharemarket is having its worst day since early February, partly driven by a fall in China's monthly trade surplus and a weaker iron ore price. The All Ordinaries Index (XAO) is down 0.7 per cent, with the mining sector the the biggest loser. This is only the sixth time in 23 sessions that the local market is losing ground.

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