Global markets continued to slide as oil slipped further and Greek bond yields spiked. Crude oil inventories released in the US showed a surplus of 1.5 million when the market was expecting a deficit of 2.6 million. This saw WTI slump over 4%, with oil prices trading at their lowest since mid-2009.
Vittorio Hernandez
Dec 11, 2014
Women workers of CTPartners Executive Search, a leading global executive search company based in New York City, filed discrimination charges with the Equal Employment Opportunity Committee (EEOC).
Vittorio Hernandez
Dec 11, 2014
The second half of Wednesday's session saw buyers make some pact on the market, taking advantage of prices that were discounted over the course of the morning. The ASX 200 bottomed out late this morning when it was down by 60 points. By the end of trade this deficit had been wound in and the index ended with a loss of 23 points or 0.45%
Vittorio Hernandez
Dec 10, 2014
There is high demand for North American destinations in New Zealand.
Kalyan Kumar
Dec 10, 2014
Every country has a unique Christmas story to tell.
Vanessa Doctor
Dec 10, 2014
Air Canada Rouge will start serving some domestic routes starting spring of 2015.
Esther Tanquintic-Misa
Dec 10, 2014
Wednesday has seen sellers continue to dictate terms for the ASX 200. The market started the session with a gain of 5 points, although positive territory was a fleeting experience and within the first quarter hour the index was down by 40 points. As lunchtime neared the market showed little evidence of consolidation as it continued to make new lows. The weaker tone locally reflected a similar experience in the US and Europe overnight. European shares fell to a two-week low overnight, led down by...
Vittorio Hernandez
Dec 10, 2014
Japan just launched the Hayabusa 2 on a 6-year return trip aimed to blow a hole in a distant asteroid to find clues on how Earth came about.
Edgar Jr. Reyes
Dec 10, 2014
A day after unintentionally elevating macadamia nuts as reason for air rage, a chastised Korean Air executive resigned from her post. Cho Hyun-ah quit her job as vice president responsible for cabin service on Tuesday.
Vittorio Hernandez
Dec 10, 2014
The falling oil prices are having a negative impact on not only the oil producing countries but also Australia.
Sachin Trivedi
Dec 10, 2014
The Australian Dollar has rallied off new lows as the USD and global equity markets weakened overnight.
Vittorio Hernandez
Dec 10, 2014
Global jitters continued to rock sentiment, with Greece at the forefront of the issues. Greek banks were heavily sold off and led declines in European stocks.
Vittorio Hernandez
Dec 10, 2014
In US economic data, wholesale inventories rose by 0.4% in October after an upwardly revised 0.4% gain in September (previously reported as a 0.3% rise). Wholesale sales lifted by 0.2% in October. An ISM industry report on the US manufacturing sector expected revenue to rise by 5.6% in 2015, with capital investment expected to lift by 3.7%.
Vittorio Hernandez
Dec 10, 2014
Australian shares extended their losses this afternoon to finish near today's lows and posting the most significant falls since last Monday. The ASX 200 Index closed 1.7 per cent softer to 5282.7.
Vittorio Hernandez
Dec 09, 2014
Russians are snapping up luxury brand automobiles to guard their personal wealth against the falling ruble.
Esther Tanquintic-Misa
Dec 09, 2014
Australian shares are wiping out all of yesterday's gains with the ASX 200 Index down by 1 per cent. This should come as no surprise following a 4 per cent slump in the oil price, disappointing economic news in China and Japan on Monday, the worst performance for US shares since October overnight and a credit downgrade for Italy.
Vittorio Hernandez
Dec 09, 2014
Both oil producing countries and the oil importing countries keep a close eye on the commodity’s price.
Sachin Trivedi
Dec 09, 2014
Air New Zealand has helped boosted the earnings of Virgin Australia in trans-Tasman routes. The world's airline of the year is planning to add more Dreamliner jets.
Reissa Su
Dec 09, 2014
More pressure for the Australian Dollar as China, Australia's largest trade partner, showed a surprise fall in imports, pushing the trade surplus to a record USD 54.47 billion and oil prices continued to slide.
Vittorio Hernandez
Dec 09, 2014
Gains from Friday's jobs numbers were short lived as renewed global growth concerns and declining oil prices came back to haunt global markets. Yesterday's disappointing Japan GDP and China trade balance set off the global growth alarm bells once again.
Vittorio Hernandez
Dec 09, 2014
In US economic data, the employment trends index rose from 122.8 to 123.24 in November.
Vittorio Hernandez
Dec 09, 2014
It includes gifts such as delicious food, classic novels and a variety of fragrances for men and women.
Janice Somosot
Dec 08, 2014
It includes gifts such as a Swatch Watch and a compact makeup palette from Avon.
Janice Somosot
Dec 08, 2014
Canada's poultry products from B.C. has been banned by the United States, Japan, South Korea, Taiwan, China, South Africa and Mexico following the recent avian bird flu outbreak in the state.
Esther Tanquintic-Misa
Dec 08, 2014
Australian shares kicked off the trading weak substantially firmer with the ASX 200 Index up 0.7 per cent and ending just shy of 5400pts. Local shares managed to rise by 0.4 per cent last week despite a tough start to the week.
Vittorio Hernandez
Dec 08, 2014
Local stocks have started the second week of December on a strong footing. The ASX 200 opened flat, although buyers were waiting in the wings and the market was well supported over the course of the morning. The upward momentum for the market ebbed when the index hit the 5380 but prices remained well supported around these levels into the afternoon.
Vittorio Hernandez
Dec 08, 2014
Apple Inc (AAPL) stock is expected to surge upward as analysts see higher demand for the company bigger iPhones in the holiday quarter.
Reissa Su
Dec 08, 2014
The Russian currency, Ruble, has been falling for the past few months and is negatively affecting the country’s economy.
Sachin Trivedi
Dec 08, 2014
The Australian Dollar has opened this week around the .8300 level as Friday's US jobs report exceeded forecasts and the USD continued its strength.
Vittorio Hernandez
Dec 08, 2014
The US dollar has been broadly bid higher as investors react to Friday's jobs numbers. The November payrolls reading showed 321,000 jobs were created and average hourly earnings rose 0.4%, while the unemployment rate was steady at 5.8%. This was the highest number of jobs created in nearly three years and was also accompanied by upward revisions to the previous two months. Heading into next week's Fed meeting, this jobs report is only fuelling the case for the hawks.
Vittorio Hernandez
Dec 08, 2014
