BUSINESS

A metal sculpture depicting a stock exchange chart is seen in the reception hall of the Athens Bourse in Athens September 11, 2014. Greece on Thursday set the pricing on its offer to top up its recent three- and five-year bonds by about 1 billion euros (U

Australian Stock Market Report – Afternoon September 16, 2014

The local market extended its losses in the second half of trade, with the All Ordinaries Index (XAO) down 0.5 per cent or 29.2pts to 5446.2. The miners ended modestly firmer; however the improvements lessened this afternoon while falls from the big banks held the market back most. Australian shares have fallen for five consecutive sessions while yesterday was the worst day in five weeks for local stocks.

Australian Stock Market Report – Midday September 16, 2014

Tony Abbott at New York Stock Exchange
The Australian sharemarket is modestly lower after recording its biggest daily slump in five weeks yesterday. The All Ordinaries Index (XAO) is down 0.1 per cent and continues to soften following disappointing signs for China's economy on Saturday.
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Asia Rides Wall Street Rebound, Firm Yen Hits Tokyo Stocks

Australian Stock Market Report – Afternoon September 15, 2014

It was a tough day for the Australian market after the falls on Wall Street on Friday night and the weak Chinese data released on Saturday there was little hope of a strong day for the Aussie markets. By the close the All Ordinaries Index was down 1% to 5,475.4 points
Stock market

Australian Stock Market Report – Midday September 15, 2014

The Australian share market remained under the control of the selling fraternity on Monday morning. The weakness in Europe and the US continues to cast a pall over the local picture. US stocks ended last week under pressure, leading the S&P 500 to shed just over 1 per cent over the course of the week. Similarly the ASX 200 lost 1.2 per cent during the same period.
Federal Reserve

Global Markets Overview – September 15, 2014

Inflation risk is starting to creep into the psyche of US markets; the S&P just snapped out of its longest streak of weekly gains in 2014 on Friday, as all eyes turn to this Thursday's FOMC meeting.
Raw fish

Canadian Feminists Angry At Japanese Naked Sushi Dining Experience As Sexist, Discriminatory

An online petition is collecting signatures to shutter the Naked Sushi catering company in British Columbia, Canada, because of its flagship service in which diners eat sushi that is piled on top of a naked female model's body. Feminist groups in Canada denounced the Japanese firm for treating women's body as just as object and only emphasises the sexual role of women in society
Stock market indices

Australian Stock Market Report – Afternoon September 12, 2014

In a picture that was much like Thursday, sellers continued to push the ASX 200 lower over the course of the afternoon. Initially the area around 5520 for the index provided some modest support, although by mid-afternoon the area gave way and new lows were plumbed. Counter intuitively, the Materials sector was the sub index that performed the best over the last session of the week. The improvement was a combination of seller's fatigue and the anticipation of a lower Aussie dollar, which would...
New York Stock Exchange

Australian Stock Market Report – Midday September 12, 2014

The Australian sharemarket is falling for the third straight day and for the fourth time this week, with the All Ordinaries Index (XAO) down 0.4 per cent. Should nothing change dramatically this afternoon, this has been the worst week for local shares in a month. Last night a report showed there were more people filing for unemployment benefits in the US last week than expected. The DOW slipped by 0.1 per cent while the broader S&P500 ended modestly firmer.
Telstra

Telstra 4G Coverage To Reach 90% Of Australia By End Of January 2016

Telstra said on Thursday that as part of its expansion, the carrier's 4G coverage would be accessible to 90 per cent of Australians. The telco would also widen its 700MHz commercial trials to include selected zones in Sydney, Adelaide, Darwin, Bundaberg, Yamaba and Sarina when the 700Mhz offering is switched on next week.
Russia's President Vladimir Putin chairs a meeting

Global Markets Overview – September 12, 2014

Global equities seem to be in a holding pattern as we head into next week's FOMC meeting. Additionally resurfacing geopolitical risk from the Russia front seems to be keeping investors cautious. Perhaps the most significant development in overnight trade was further EU sanctions on Russia. The latest round of sanctions included moves like banning major Russian state-owned banks from any borrowing among other financial-related limitations.
A worker sprays pink color on a nipple of an unfinished breast for an inflatable sex doll at Ningbo Yamei plastic toy factory, on the outskirts of Fenghua, Zhejiang province, February 13, 2012.

Sexbots Could Replace Realistic Love Dolls By 2025

The rage now among men who love to live their sexual fantasies but probably couldn't find a female sex partner willing to do what they want is to buy a realistic love doll. Priced at a minimum of $2,000, the doll manufactured by a Japanese firm, Oriental Industry, may find competition within a decade from sex robots.
Asian stock market

Australian Stock Market Report – Afternoon September 11, 2014

The Australian sharemarket failed to recover this afternoon, with stocks falling for the second day. The All Ordinaries Index (XAO) slipped by 0.5 per cent adding to Wednesday's similar pullback. The IT sector was the only improver with share registry Computershare (CPU) rising by 1.4 per cent.
Wall Street

Australian Stock Market Report – Midday September 11, 2014

The Australian market is adding to Wednesday's losses, with a sharp drop in the unemployment rate, subdued Chinese inflation and a positive lead from Wall Street not enough to inspire local markets. The All Ordinaries Index (XAO) is down 0.2 per cent, adding to Tuesday's 0.6 per cent slide. After interrupted trade across the region due to holidays, all major markets are trading normally today which is likely to see volumes return to normal.

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