BUSINESS

Australian Stock Market Report – Midday 9/16/13

Australian shares are improving for the sixth time in seven sessions, with the All Ordinaries Index (XAO) edging higher by 0.6 per cent at lunch. Former treasury secretary, Larry Summers has withdrawn from the race to head the US central bank this morning.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.
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Australian Stock Market Report – Afternoon 9/13/13

The modest losses were maintained for the duration of the session, with the All Ordinaries Index (XAO) easing by just 0.4 per cent by the close. The miners were the worst performers, with the sector slumping by 1.2 per cent.

Australian Stock Market Report – Midday 9/13/13

After five consecutive up days, the local sharemarket is giving back some of its improvements. The All Ordinaries Index (XAO) is down 0.4 per cent; however still is still 1.39 per cent firmer over the course of the week. Local stocks are also hovering around five year highs.

Microsoft New Zealand Leads TechEd Event, Gives Free Software to 27,000 Charities

Microsoft New Zealand leads TechEd event, the largest technology conference in New Zealand held in Auckland. Paul Muckleston, Microsoft NZ managing director, said the event has 2,500 delegates in attendance. Meanwhile, Microsoft New Zealand has announced it will give charities in New Zealand free software. In the TechEd event, Mr Muckleston revealed that almost 27,000 eligible charities in New Zealand will be given Microsoft Office 365 software as part of the company's Office 365 for Nonpro...

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

House Prices Halve Without a Recession

You'll never guess the lead story on Bloomberg this morning. 'Australia Gold Coast Homes at 50% Below 2010 Lure Buyers'. A snazzy photo of the Gold Coast as seen from the Q1 Observation Deck featured.

The Only Miracle About China’s Economy

If you were wondering about the source of China's latest economic 'recovery', wonder no more. Yesterday, we got news that China's incredible credit creating apparatus is back on track.

Australian Stock Market Report – Afternoon 9/12/13

The All Ordinaries Index (XAO) edged higher by 0.2 per cent; pulling back from the 5250pt level flirted with earlier in the session. This makes it not only five straight days of gains but also the best winning streak for Australian shares in two months.

Levelling Mountains in China for the Sake of Economic ‘Progress’

Talking heads explained the bullish move on upbeat data from China's economy and the prospect of a 'delay' in the escalating conflict in Syria. When the market gets excited about a delay to a potentially very messy conflict, you know the speculative juices are still flowing.

More Than One Premium Built Into Oil

By Jonathan BarrattAs we have mentioned at the beginning of the report, if the Syrians agree to the initiative offered by the Russians then any oil premium associated with the conflict should erode.

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