BUSINESS

Four thousand U.S. dollars are counted out by a banker

Australian Stock Market Report – Morning July 30, 2014

Major currencies were softer against the US dollar on Tuesday ahead of the Federal Reserve decision. The Euro fell from highs near US$1.3445 to US$1.3405, before ending US trade near US$1.3410. The Aussie dollar fell from highs near US94.05c to lows near US93.75c before ending the US session near US93.80c. And the Japanese yen eased from 101.85 yen per US dollar to JPY102.15, ending US trade near JPY102.10.
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Chicken

El Pollo Loco Shareprice Up 33% on 1st Day of Trading

Share prices of El Pollo Loco Holdings Inc (Nasdaq: LOCO) increased by over 33% on its first day of trading on Friday, July 25, pointing to another hot stock for retail investors to look into.
Youths play pond hockey on Pigeon Lake near the town of Bobcaygeon

Debt-Laden Millennials Join Stock Market

A behavioral finance expert said members of Generation Y, also known as Millennials, appear to view the stock market as a quick fix to their debt problems, mainly college debts.
Internally displaced Pakistani men wait in line for rations at a food distribution center in Bannu in Northwest Pakistan July 25, 2014.  REUTERS/Caren Firouz  (PAKISTAN - Tags: CIVIL UNREST SOCIETY)

Pakistani Mob Burns 3 Over Blasphemous Post on Facebook (VIDEO)

A woman and her two granddaughters belonging to the Ahmadi Muslim minority neighbourhood in Pakistan have died from suffocation after their house was burned down, following an alleged blasphemous post on Facebook of a fellow sect member.
The entrance to Shell's LNG Canada project site is shown in Kitimat in northwestern British Columbia on April 12, 2014.

Global Markets Overview – July 29, 2014

Expect another day of hushed trading as the market continues to bide its time ahead of the mass data releases at the end of the week.
Housing

Australian Stock Market Report – Morning July 29, 2014

In US economic data, the "flash" services index was unchanged at 61.0 in July, above forecasts centred on a result near 59.8. The pending home sales index fell by 1.1% to 102.7 in June, below forecasts centred on a 0.5% gain. And the Dallas Federal Reserve index rose from 11.4 to 12.7 in July.
Government health workers are seen during the administration of blood tests for the Ebola virus in Kenema, Sierra Leone, June 25, 2014.

Ebola Virus on the Loose: World Cautioned as Infection Moves; Global Airports on High Alert; Kills Liberian Doctor, Infects American Worker

International health experts cautioned the global populace against the dreaded Ebola virus as it killed a Liberian doctor and infected a second medical worker from U.S. Authorities in Nigeria are likewise scrambling the possible spread of the flesh-eating disease following the arrival of an infected man into Lagos, Africa's largest city with 21 million people.
Bullet holes are seen in a car at a checkpoint on the Egyptian border with Sudan and Libya, which was attacked on Saturday, in Wadi al-Gadid governorate July 19, 2014. Gunmen killed 21 Egyptian military border guards near the frontier with Libya on Saturd

Advisory: Britons Told to Leave Libya ASAP, UK Issues Travel Ban

The United Kingdom's Foreign and Commonwealth Office has advised all Britons currently in Libya to leave the country, citing the ongoing and greater intensity of fighting in Tripoli and wider instability. It likewise has issued a travel ban against the north African nation.
Russia's President Vladimir Putin (2nd L) talks to people

Malaysia Airlines MH17: Russian International Condemnation Extends to 2018 World Cup

The international global community led by the U.K. wants the Fédération Internationale de Football Association (FIFA) to take away from Russia the opportunity to host the 2018 World Cup. Vladimir Putin's country is already facing a slew of economic sanctions due to its alleged involvement in the downing of Malaysia Airlines MH17.
Dow Jones

Australian Stock Market Report – Afternoon July 25, 2014

After a quiet night of trading on overseas market, where the Dow Jones index closed 3 points weaker and the NASDAQ composite ended down 2 points - the Aussie market closed slightly lower today. At the close of trade the ASX 200 ended down 0.08% or 4.3 points to 5,583 points, the volume traded on the market were once again light as many larger investor wait out of the market ahead of the upcoming profit reporting season here in Australia and key economic data out in the state and china next week....
Asian stock market

Australian Stock Market Report –Midday July 25, 2014

The Australian sharemarket is falling for the first time in eight trading days, with the All Ordinaries Index (XAO) down 0.3 per cent. The falls are still only modest due to a lack of major drivers overnight. Shares in the U.S. finished largely flat despite the S&P500 continuing to hit fresh record highs on a daily basis. Some positive signs for US employment were offset by disappointing profit results.
A Russian Sukhoi Su-25 fighter plane lands as it arrives at Iraq's al-Muthanna military airbase at Baghdad airport, in Baghdad, July 1, 2014. Iraq's defence ministry said on Tuesday that the second batch of Russian Sukhoi (Su-25) fighter jets th

Jittery Global Aviation: London’s RAF Typhoons Mad Scrambled to Assist Private Jet After Losing Contact; No Threat, False Alarm

The mysterious disappearance of one commercial airliner four months ago, plus the three successive crash accidents in just the past week has definitely taken its toll on the jittery global aviation industry. On Wednesday, the British Armed Forces scrambled two of its Royal Air Force aircraft after air controllers lost contact with a private plane. London's military presumably believed the plane had been compromised.
Unemployment

Global Markets Overview – July 25, 2014

While equities continue to extend their gains, sentiment appears to be a bit mixed as the major currency pairs maintain some tight ranges. While there were a few developments overnight, the dominant theme remained US corporate earnings and optimism around an improving global manufacturing picture. US unemployment claims came in at the lowest since February 2006 and this saw the four-week average drop to around 300,000. This is a good sign heading into next week's non-farm payrolls data. With ...
New York Stock Exchange

Australian Stock Market Report – Morning July 25, 2014

US economic data: New home sales fell by 8.1% in June - the biggest decline in almost a year. US jobless claims fell by 19,000 to 284,000 - the lowest level in nearly 8½-years. US Flash PMI fell from 57.3 to 56.3 in July, below analyst expectations for a reading of 57.5.
Patients sit together outside a hospital after they were evacuated following an earthquake in Acapulco, in Guerrero state, April 18, 2014. The powerful earthquake struck Mexico on Friday, shaking buildings in the capital and sending people running out int

Biggest Australian IPO in 4 Years as Healthscope Could Raises $2.12 Billion

The planned initial public offering (IPO) of Healthscope is expected to raise for the second-largest hospital operator in Australia $2.12 billion with private equity giants TPG Capital Management and Carlyle Group reportedly pricing the shares at $1.98, the upper end of the target range, Reuters reported.

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