BUSINESS

A Trader's Wrap

By Chris Weston, IG MarketsMarkets opened on a modestly positive footing, with US futures opening an hour later for Asia-based traders and heading a touch higher.

Heart-Tugging Wedding Scenes in Nexus 5’s New Commercial

The much-awaited Google Nexus 5 smartphone has finally arrived, offering the purest Android experience, while granting its owners access to the latest Android 4.4 KitKat OS. Since owners get updates directly from Google, they don't need to wait for hardware OEMs or carriers to release customised updates.

A Peek at Google’s £1B Upcoming 1-Million-Square-Foot Office in London

Office spaces have never looked this enticing, especially for workers at Google, Apple and Facebook which are building massive campuses designed to provide not only a place to work but also a place to live for thousands of their employees. Mashable provides A Peek at Google's £1B Upcoming 1-Million-Square-Foot Office in London. The upcoming London office of the tech giant is scheduled to open in 2016. The Web site said it will feature an open-air swimming pool, indoor football pitch, climbing...
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Gold Contributed $110 B to World Economy in 2012

In spite of gold losing much of its sheen in 2013 as global prices plummeted to record-low levels, the yellow metal nevertheless significantly contributes to the global economy.

Global Markets Overview –11/1/13

Reading the moves on the market yesterday I was struck by how limited the moves really were and the tepidness of volumes throughout the entire market.

Australian Stock Market Report – Morning 11/1/13

In US economic news, the Chicago PMI surged from 55.7 to 65.9 in October. This was a high since March 2011. The main driver of the jump was a surge in orders from 58.9 to 74.3. Production jumped from 58.0 to 71.1 and employment lifted from 53.2 to 57.7. Initial jobless claims dipped from 350k to 340k in the past week.

Australian Stock Market Report – Afternoon 10/31/13

Local stocks ended slightly weaker on Thursday. At face value it was an unflattering result although when measured against the lows of the session, when the index was down 32 points, it was a solid come back.

Australian Stock Market Report – Midday 10/31/13

The All Ordinaries Index (XAO) lost ground from the start of today's trading session hit by weakness in the banking sector. Overnight the US Dow Jones Index overnight, closed weaker after the latest statement from the US central Bank (The Federal Reserve) showed little change over the last month.

‘One Night in Paris’: Open Letter to Air France Goes Viral

Jay Harish Shah, an Indian passenger who travelled on Air France, is now demanding a valid explanation for the alleged discrimination against the South Asian passengers who were left stranded at the Charles De Gaulle Airport in Paris.

New Zealand in 5th Place in 2013 Legatum Prosperity Index

New Zealand ranks fifth in world’s most prosperous nation to live in, based on the 2013 Legatum Prosperity Index. The international report contains the rankings of 142 nations in terms of wealth and well-being.

Oil And The Libyan Effect

By Jonathan BarrattWe continue to be bearish oil in 2014, however we are fully aware the market takes time to find its terminal point given a particular set of ideas.

Australian Stock Market Report – Morning 10/31/13

In US economic news, consumer prices rose by 0.2pct in September with the core rate up 0.1pct, below forecasts for a 0.2pct gain. The ADP employment index shows that 130,000 private sector jobs were created in October, below forecasts of a 150,000 gain.

Facebook Can Predict Break-up for Couples, Researchers Claim

As abstract as love can be, two researchers claim that a method called Facebook mapping on couple's mutual friends can predict if couple - whether in a relationship, engaged or married - will likely end up falling apart and separating.

Australian Stock Market Report – Afternoon 10/30/13

Despite giving back some of the more significant gains recorded at midday, the Australian market still managed to rise for the fourth time in five trading sessions and for the 10th time in 12. Chinese economic data out over the past few weeks has been largely promising while the political situation in the US is in better shape for now.

Australian Stock Market Report – Midday 10/30/13

After a 0.5 per cent fall yesterday, the All Ordinaries Index (XAO) is now up by 21pt or 0.4 per cent. Local stocks have only fallen on two occasions over the past 12 trading sessions; rising by 4.5 per cent since mid-October.

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