BUSINESS

What the Bond Sell-Off Means for Stocks

Gold, stocks, bonds - all the major markets seem to have turned around in the last six months. Bond investors have been the worst hit. Many have losses of 20% or more. Surely, there are some major financial problems hidden beneath these figures. Sooner or later, they will show up in the headlines...with the announcement of bankruptcies and defaults.
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Iranian Faces 10-Year Jail Time for Handing Out Bibles, Deemed a Threat to State Security

The predominantly Islam country of Iran has arrested and convicted one of its nationals for allegedly handing out copies of the Bible to friends and family, according to the Vatican missionary news agency Fides on Wednesday. His behaviour was considered a threat to national security. He was slapped with a 10-year jail time.

Emerging Markets Are Stifling Confidence

By Jonathan BarrattNote: This article was written on Wednesday, August 21Tonight sees the release of the minutes from the last FOMC meeting, and the market expects the minutes to reveal a committee ready to start tapering the Fed's US85 billion per month of bond and mortgage securities buy-back...

HTC One Leads List of 5 Best Android Phones (VIDEOS)

The Taiwan-made HTC One has been topping the list of tech reviewers since it was released in the market because of its game-changer features, although it has also been criticised for its irreplaceable battery and being difficult to fix.

New Zealand Company GoogleDirectory Under Investigation

Kiwi company GoogleDirectory is under investigation by the Auckland Police. The Internet directory service, which is not connected with the Web heavyweight Google, is the subject of several fraud complaints from businesses.

Australian Stock Market Report – Midday 8/21/13

The Australian sharemarket is a little higher after a 0.6 per cent slump yesterday. The All Ordinaries Index (XAO) is up 0.2 per cent. Most sectors are higher; however significant weakness in the mining and energy sectors is holding the market back.

The Overnight Report: Wall Street Tries To Stabilise

By Greg PeelThe Dow closed down 7 points while the S&P gained 0.4% to 1652 and the Nasdaq added 0.4%."On balance, with growth expected to remain below trend for longer and inflation to remain within the target even with the effects of a lower exchange rate, members concluded that a lower level of th...

Australian Stock Market Report – Afternoon 8/20/13

After a flat start to the week, the Australian market lost ground, with the All Ordinaries Index (XAO) falling by 0.7 per cent and finishing well below 5100.0. It was always going to be challenging to buck the trend from last night, with both US and European equity markets losing ground. The Dow Jones Industrials fell by 0.5 per cent overnight, dropping for the 12th time in 16 sessions.

Australian Stock Market Report – Midday 8/20/13

The Australian share market has come under selling pressure at lunchtime in the East, after Wall Street recorded another session of losses overnight and insurer QBE Insurance (QBE) missed expectations with its earnings result.

Uranium Sags Once More

By Greg PeelIt is not always easy to push a large order through an actively traded, exchange-listed market without having an influence on the price in that market.

Australia’s Economy: Complex, Fragile or Centralised?

Complex things are more fragile, says Nassim Taleb, author of the books The Black Swan and Antifragile. Your computer and its misbehaviours are daily proof. You can click on the same button as yesterday only to get completely different results. And encoded error messages are absolutely no help.

Australian Stock Market Report – Afternoon 8/19/13

The flat result for local stocks appears unflattering, although it was a solid result considering that Telstra and the CBA went ex-dividend , which took 20 points off the market.

Good News is Bad News for the Stock Market

Equity markets have survived the last few years on the mantra that 'bad news is good news'. Each time GDP slowed, unemployment rose or confidence crumbled, stocks surged.

Floods Inundate Philippine Capital, Nearby Provinces (PHOTOS)

The Philippine government was forced to suspend offices and classes in 14 provinces, including in the capital Metro Manila, as tropical storm Maring (international name: Trami) maintained its strength and continued to enhance the southwest monsoon early Monday. The state forecasting weather agency has advised the 14 provinces to brace for severe flooding.

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