Sellers have applied their weight to the share market on Monday, discriminating little between the various sectors. Mining and energy stocks however have escaped the attention that has seen financials lead the way lower after Westpac (WBC) went ex-dividend, shedding more than 3.5% in the process. The softer tone is a reflection of a similar experience to that of US stocks on Friday after jobs data missed expectations. Figures from The US Bureau of Labour Statistics showed that non-farm payrolls ...
Vittorio Hernandez
Nov 10, 2014
A new report that looked into the downing of Malaysia Airlines MH17 said that despite its denials, it was indeed Russia that has provided the missile launcher to the Ukraine separatist rebels.
Esther Tanquintic-Misa
Nov 10, 2014
Apple Inc stock has reached $110.30 per share last week as investor excitement builds for the spring release of Apple Watch.
Reissa Su
Nov 10, 2014
I remain tepid about November trade, having seen the US markets returning to record all-time highs and more talk on the Street is that we're heading for 8% to 10% gains over the next 12 months.
Vittorio Hernandez
Nov 10, 2014
When mining giant Rio Tinto (ASX: RIO) holds it stockholders annual meeting in February 2015, the firm is hopeful it could bring a smile to shareholders on hearing news of higher dividends when it announced full-year results. The confidence comes from higher revenue due to sticking to plans to boost output despite lower iron ore prices in the international market.
Vittorio Hernandez
Nov 10, 2014
The $1 billion agreement between China and Australia that would result in the export of 1 million cattle to the Asian giant would also boost the Aussie economy by $1.8 billion. The deal is expected to be officially finalised on Monday by Australian Prime Minister Tony Abbott and Chinese President Xi Jinping on the sidelines of the APEC Summit hosted by Beijing.
Vittorio Hernandez
Nov 10, 2014
In the US, non-farm payrolls (employment) rose by 214,000 in October, short of forecasts tipping a 231,000 gain. Unemployment fell to a 6-year low of 5.8%. Average earnings rose by 0.1%. The labour force participation rate rose from 62.7% to 62.8%.
Vittorio Hernandez
Nov 10, 2014
Sierra Leone, Liberia and Guinea may soon be seeing robots working to combat the dreaded Ebola in their countries.
Esther Tanquintic-Misa
Nov 08, 2014
Both retailers and consumers are excited about the upcoming Black Friday 2014, which offer big discounts for customers and guarantee massive profits for retail stores.
Janice Somosot
Nov 07, 2014
The Australian sharemarket has recovered yesterday's losses, with all ten sectors finishing firmer. The All Ordinaries Index (XAO) gained 0.78 per cent or 42 points to 5,522, while the S&P/ASX 200 Index (XJO) climbed 0.78 per cent or 43 points to 5,549. The market was boosted by strong gains in the materials and energy sectors and even the financial sector managed to shrug off early losses to finish the day in positive territory. Over the course of the week the ASX 200 has gained 0.4%, markin...
Vittorio Hernandez
Nov 07, 2014
Cruise ships could be taking in more passengers these days, no thanks to the terrorist groups in Syria and Iraq.
Esther Tanquintic-Misa
Nov 07, 2014
Local shares started the last session of the week on the front foot following encouraging gains for US and European markets over night. The ASX opened with a small loss, down 6 points before trading with a gain of 33 points at the best levels of the morning. The early optimism reflected gains seen overseas which were driven by the hope of more central bank led action to promote economic growth. The European Central Bank President Mario Draghi said the bank's governing council was unanimous in...
Vittorio Hernandez
Nov 07, 2014
The United Nations is calling for more help to fight the Ebola outbreak right in the region where it started.
Esther Tanquintic-Misa
Nov 07, 2014
Alex LaBeouf who has been working at Target in Dallas, Texas for about three months could be appearing on TV or in the movies soon.
Janice Somosot
Nov 07, 2014
It was a busy night for global markets, as investors digested a raft of releases and events from Europe and the US. In Europe, the BoE and ECB both kept policy unchanged. However, the latter's press conference drew significant attention, as the central bank said it expects its balance sheet to move towards 2012 levels. Essentially, this implies the balance sheet is set to increase by around a trillion euros. At the same time, the ECB reinforced its commitment to using other unconventional pol...
Vittorio Hernandez
Nov 07, 2014
Typhoon Nuri could put parts of the United States experiencing single digit temperatures in the coming days.
Esther Tanquintic-Misa
Nov 07, 2014
In the US, jobless claim fell by 10,000 to 278,000 last week. The Labour Department also reported that hourly compensation increased at a 2.3 per cent rate in the September quarter. Labour productivity rose at a 0.3 per cent rate in the September quarter after a decline of 0.5 per cent in the June quarter.
Vittorio Hernandez
Nov 07, 2014
Australia has been negotiating for 10 years with China to finalise the one-billion cattle deal.
Sounak Mukhopadhyay
Nov 07, 2014
The local sharemarket continued its downward slide this afternoon, closing firmly in the red. The All Ordinaries Index (XAO) lost 0.32 per cent or 17pts to 5,475, while the S&P/ASX 200 slipped 0.29 per cent or 16 pts to 5,501. The market was weighed down by falls in the mining and financial sectors. Volumes saw 1.9 billion shares exchanged worth $5.3 billion. 386 stocks ended higher, 571 closed lower and 321 were unchanged.
Vittorio Hernandez
Nov 06, 2014
Canada and Australia have been sought by the WHO to explain their respective visa bans imposed against travellers from Ebola afflicted west African nations.
Esther Tanquintic-Misa
Nov 06, 2014
Intel Corporation announced its investment of $62 million in 16 companies marking its quest to make a mark in areas outside of chip engineering.
Edgar Jr. Reyes
Nov 06, 2014
After several sessions where a weaker tone had prevailed locally, early trade on Thursday saw buyers re-emerge to assert themselves once again in the Australian sharemarket. The improved tone was a reflection of the gains seen in Europe and the US overnight. In Europe the FTSEurofirst 300 index rose by 1.7%, the UK FTSE gained 1.3% and the German Dax lifted by 1.6% as investors showed no anxiety ahead of the European Central Bank meeting on Thursday which is seen as bringing news of fresh stimul...
Vittorio Hernandez
Nov 06, 2014
Gisele Mesnage, who is legally blind since birth, sued Coles for making it difficult for her to access its shopping website.
Sounak Mukhopadhyay
Nov 06, 2014
Amid concerns of a recession in the Euro zone, the European Commission forecasts a slow GDP growth.
Sachin Trivedi
Nov 06, 2014
Breakr claims the #AlexFromTarget viral campaign is its brainchild, but Alex himself denies it.
Anne Lu
Nov 06, 2014
S&P moved to a record all-time high overnight, as the US midterms delivered their expected outcome.
Vittorio Hernandez
Nov 06, 2014
It looks like the next three Olympic Games would be hosted simultaneously by Asian cities. Beijing is the strongest contender to host the 2022 Winter Games, reports said.
Vittorio Hernandez
Nov 06, 2014
In the US, the ISM services index fell from 58.6 to 57.1 in October, short of estimates near 58.0. The ADP survey of private employment showed that 230,000 jobs were created in October, above estimates near 220,000. And weekly home loan commitments fell 2.6% in the latest week with new purchases up 2.6% while refinancing fell 5.5%.
Vittorio Hernandez
Nov 06, 2014
A number of investors of Virgin Galactic have turned cold feet after Friday's crash.
Esther Tanquintic-Misa
Nov 05, 2014
November is always a dull month in the world of trading. US earnings season has passed, investors start to think about the new year and most macro influences slow down to a trickle.
Vittorio Hernandez
Nov 05, 2014
