BUSINESS

More news
A trader works on the floor of the New York Stock Exchange

Australian Stock Market Report – Morning January 19, 2015

In US economic data, consumer sentiment rose to 11-year highs in January, up from 93.6 to 98.2. Industrial production fell by 0.1% in December (forecast: flat). Consumer prices fell by 0.4% as expected in December but the core measure (excludes food and energy) was flat.
Trader Peter Tuchman wears a "Dow 18,000" cap as he works on the floor of the New York Stock Exchange in New York, December 23, 2014. U.S. stocks advanced on Tuesday, as the Dow climbed above the 18,000 mark for the first time in history and the

Australian Stock Market Report – Afternoon January 16, 2015

Losses almost doubled on the Australian market this afternoon with the ASX 200 Index slumping by 0.6 per cent. The mining sector's gains were wiped out in late trade with only the defensive telcos and consumer staples managing to rise modestly.
A general view of Bangkok hospital in Bangkok May 19, 2014. Thailand is in danger of losing its crown as the world's top destination for medical tourism if foreigners looking for low-cost, quality healthcare are scared off by political unrest, especially

Australian Insurers Cover Procedures Done Overseas

Because of the rapid pace of growth of medical tourism, Australian insurers are starting to cover medical procedures done abroad. Yearly, about 25,000 Australians undergo cosmetic procedures overseas valued at $300 million, experts said.
Office workers are reflected as they walk past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected

Australian Stock Market Report – Midday January 16, 2015

Australian shares are falling for the fifth straight day with the ASX 200 Index down by 0.7 per cent. This takes the falls this week to 3 per cent; making it the worst week since June 2013 for local stocks. This is also only the third time in 12 months the ASX 200 has lost ground from Monday through to Friday.
A screen displays news on the Dow Jones Industrial Average just after the opening bell on the floor of the New York Stock Exchange October 15, 2014. U.S. stocks opened sharply lower on Wednesday as economic data reinforced concerns about the health of the

Australian Stock Market Report – Afternoon January 15, 2015

Local shares extended this week's losses, with the market again held back by heavy falls in the materials sector. A weak lead from Wall Street also weighed on investor sentiment. Overnight markets sold off on weak metal prices, US retail sales for December coming in weaker than expected and poor earnings results from large cap banking stocks.
An office worker is reflected in the window of the Australian Securities Exchange building displaying the ASX50 curve for Wednesday in central Sydney August 7, 2013. Australian shares skidded 1.3 percent on Wednesday, its biggest fall in five weeks, hit b

Australian Stock Market Report – Midday January 15, 2015

Australian shares are sliding for the fourth day despite the creation of seven times more jobs than expected in December. The ASX 200 Index is down 0.6 per cent following falls in US markets overnight and weaker base metal prices.

Pages