BUSINESS

A man walks past various currency signs, including the dollar (top R), Australian dollar (top L), pound sterling (centre L) and euro (bottom L), outside a brokerage in Tokyo October 28 2014. A year-long investigation into allegations of collusion and mani

Australian Dollar Outlook – December 3, 2014

The Australian Dollar has slipped back below USD 0.8500, being driven by a strengthening US Dollar, concerns over Australia's economy and uncertainty about the Reserve Bank's next move.
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Global Markets Overview – December 2, 2014

Tough time to be a commodities trader; overnight trade saw silver moved through a 15% range, gold moved through a 6% range, Brent crude near enough to 7% while copper moved through a 4% range. A look at the commodities boards suggested Christmas festivities had come early, as each moved from negative to positive and vice-versa.
A man walks to a train of Deutsche Bahn railway operator at the main train station in Frankfurt November 21, 2014.

Deutsche Bahn Seeks $3B Damage From 13 Airlines For Price Fixing

Deustche Bahn, the German state-owned railway, filed a new lawsuit in Germany and the U.S. seeking over $3 billion in damage from 13 air cargo companies for price fixing. Included in the lawsuit is Australian flag carrier Qantas which has paid over $160 million for increasing the price of freight via fuel and security surcharges between 2000 and 2006.
A worker walks at the Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Picture take

Australian Stock Market Report – Midday December 1, 2014

A new month and a new week has started the same way the last month ended, with sellers in control. The ASX started the session with a 5 point loss before trading to the low point of the morning where the index chalked up a deficit of almost 47 points. Over the course of the morning there was little evidence that buyers saw value at the newly discounted levels which had taking the market to the lowest levels in around 6 weeks.
A worker walks at the Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Picture take

Australian Stock Market Report – Afternoon November 28, 2014

The weak tone seen in the first half of the session remained over the course of the afternoon. The ASX 200 was unable to recover from the session lows which was where the index spent most of the session. Over the course of the week the index gained 0.16%
A view of skyrise buildings in Manila's Makati financial district May 3, 2013. Standard

While Asian Property Markets Are Cooling, 92% Of Philippine Real Estate Agents & Brokers Are Positive About Next 12 Months

Cooling measures put in place by some Asian government such as Hong Kong and Singapore had displaced demand for real estate in the region. Because of the significant impact of the measures on transaction volumes, market experts foresee some of those restrictions being lifted in the next 12 months, forecasts Liam Bailey, global head of residential research at Knight Frank, in the white paper of leading property portal Lamudi.
A man works at the West Qurna oilfield in southern Basra October 13, 2014.

Australian Stock Market Report – Midday November 28, 2014

Australian shares are posting their biggest daily losses in a month and a half following a huge slide in oil prices overnight. The ASX 200 Index is down 1.3 per cent and is being led lower by an energy sector slumping by close to 7 per cent at lunch.

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