Like their Chinese counterparts who snapped up properties in London, New York, Sydney and other global cities when Beijing imposed cooling measures on its red-hot real estate market, uber rich Russians are abandoning ship.
Vittorio Hernandez
Dec 23, 2014
In his Sunday announcement of Cabinet reshuffle, Prime Minister Tony Abbott said the changes are geared towards making the jobs and families a top priority in the coming year, 2015.
Vittorio Hernandez
Dec 23, 2014
In US economic data, the national activity index rose from a revised reading of +0.31 in October to +0.73 in November. Existing home sales fell by 6.1% to a 4.93 million annual rate in November, down from an expected level of 5.2 million.
Vittorio Hernandez
Dec 23, 2014
Leaked information from Sony hack sheds light on the Sony Xperia Z4’s design and release date.
Pavithra Rathinavel
Dec 23, 2014
The positive growth of Apple stock is expected to continue as analysts predict strong iPhone 6 demand to continue despite mixed forecasts on Apple Watch.
Reissa Su
Dec 23, 2014
WestJet Airlines and its 1,250 pilots have signed on a new collective bargaining contract.
Esther Tanquintic-Misa
Dec 23, 2014
Australian shares improved for the fourth straight day with the ASX 200 Index up 1.9 per cent and finishing near intraday highs. Generally markets are quiet as we approach Christmas; however a surge in oil and iron ore prices on Friday have helped both energy and mining industries gain strongly.
Vittorio Hernandez
Dec 22, 2014
Blackberry and Boeing are working on a new smartphone that self-destructs when tampered with.
Esther Tanquintic-Misa
Dec 22, 2014
The ASX 200 has started a holiday shortened week in the same fashion it ended the previous week; with solid gains. At lunch on the east coast the index was close to the best levels of the day. Local stocks pressed ahead on the back of gains for US stocks at weeks end, which capped off an encouraging week on Wall St. After being up 96 points, the Dow Jones finished higher by almost 27 points or 0.2%. The S&P 500 index rose by 0.5% while the Nasdaq lifted by 17 points or 0.4%. For the week, the Do...
Vittorio Hernandez
Dec 22, 2014
The drop in the oil prices have led to global market concerns, primarily by the oil producing countries.
Sachin Trivedi
Dec 22, 2014
The Australian Dollar had a quiet day of trading on Friday and has opened in the mid .8100's this morning.
Vittorio Hernandez
Dec 22, 2014
Markets ended last week on a positive note with the post-FOMC meeting bid tone continuing to resonate through the globe. The rebound in oil prices also helped underpin sentiment to an extent. While equities drifted higher, there were some notable moves in the fx space with the greenback gaining significant ground against the euro and yen. EUR/USD plunged to $1.222, breaking below its early December lows and now trading at its lowest sinceJuly 2012. The main event for Europe this week will be Gre...
Vittorio Hernandez
Dec 22, 2014
In US economic data, the Kansas City Federal Reserve manufacturing index was steady at +9 in December with the composite index up from +7 to +8.
Vittorio Hernandez
Dec 22, 2014
Australian shares completed a trifecta of winning days on Friday, closing around the best levels of the session. Over the course of the last week the ASX 200 has risen by almost 2.3 % , balancing the loss of the pre-ceeding week when the market fell by almost 2.2%.
Vittorio Hernandez
Dec 19, 2014
The fatal Ebola virus that has killed some 6,915 could be cured by at least 53 existing drugs, researchers said.
Esther Tanquintic-Misa
Dec 19, 2014
Canada Bread buys Saputo's bakery division for C$120 million ($103.38 million).
Esther Tanquintic-Misa
Dec 19, 2014
Although Russian President Vladimir Putin has assured Russians that the country's economy would eventually recover, he admitted on Thursday in a news conference that he has no solution yet for the worsening crisis following the drastic decline of the rouble.
Vittorio Hernandez
Dec 19, 2014
Australian shares are improving for the third day after six straight sessions of weakness. The ASX 200 Index is up 1.3 per cent with the underperforming energy industry this morning's best performer.
Vittorio Hernandez
Dec 19, 2014
New Zealand's economy is growing faster than expected with the Kiwi moving closer to parity with the Australian currency.
Reissa Su
Dec 19, 2014
You're not one to fall for these online scams.
Vanessa Doctor
Dec 19, 2014
Australia may soon be entering a difficult phase in the economy as experts point to signs of investors losing confidence.
Sachin Trivedi
Dec 19, 2014
The Australian Dollar has made back some of yesterday's post FOMC losses, currently trading around 0.8160.
Vittorio Hernandez
Dec 19, 2014
The momentum from yesterday's Fed announcement has continued to resonate through global markets, with equities in Europe and the US extending gains.
Vittorio Hernandez
Dec 19, 2014
In US economic data, the Conference Board's Leading Economic Indicators Index rose by 0.6% in November after a similar lift in October. The index is up 6.1% on a year ago. The Philadelphia Fed Index fell from the outsized 40.8 gain in November to 24.5 in December. US jobless claims fell from 295,000 to 289,000 in the past week.
Vittorio Hernandez
Dec 19, 2014
Air Canada needed to divert a flight from London to Toronto because of an unruly female South African passenger.
Esther Tanquintic-Misa
Dec 19, 2014
An elderly couple from New Zealand said they almost died after being trapped inside their new keyless car.
Anne Lu
Dec 18, 2014
It's not really a very high-tech product, but the selfie stick is tipped to become the top-selling Christmas gift of 2014 in Australia, retail experts said, beating other electronic gadgets such as fitness wristbands, cameras and game consoles.
Vittorio Hernandez
Dec 18, 2014
The local sharemarket has finished firmly in the black, following a strong lead from European and US markets. The S&P 500 enjoyed its best one day gain in a year, after the US Federal Reserve signalled it was on track to raise interest rates next year - reinforcing the strength of the US economy. That positive lead helped the All Ords finish up 1 percent to 5,189.
Vittorio Hernandez
Dec 18, 2014
The Australian share market opened the session with a solid gain for the second consecutive session on the Thursday. The strong tone for the first half of the session came in the wake of similar gains for US and European markets in the last 12 hours. US share markets rallied sharply after the Federal Reserve gave a strong signal that it was on track to raise interest rates at some point next year - pointing to confidence in the US economy. At the close of trade, the Dow Jones was up by 288 point...
Vittorio Hernandez
Dec 18, 2014
These new photo filters are part of the Instagram Android version 6.12.0 and Instagram iOS version 6.4.0.
Janice Somosot
Dec 18, 2014
