BUSINESS

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

Government health workers are seen during the administration of blood tests for the Ebola virus in Kenema, Sierra Leone, June 25, 2014.
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.

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

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
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.
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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....
Vittorio Hernandez Jul 25, 2014
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.
Vittorio Hernandez Jul 25, 2014
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.
Esther Tanquintic-Misa Jul 25, 2014
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 ...
Vittorio Hernandez Jul 25, 2014
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.
Vittorio Hernandez Jul 25, 2014
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.
Vittorio Hernandez Jul 25, 2014
A trader watches a monitor displaying stocks on the floor of the New York Stock Exchange February 4, 2010.

Australian Stock Market Report –Afternoon July 24, 2014

The Australian market closed higher again today boosted by the better than expected "Flash" Chinese manufacturing data for July. The HSBC China flash Purchasing Managers' Indexes (PMI) for July hit a 18month high up 52.0 boosted by new orders up from 50.7 points in June and better than the BLOOMBERG market survey expected of 51.0.
Vittorio Hernandez Jul 24, 2014
HSBC

Australian Stock Market Report – Midday July 24, 2014

The Australian market opened stronger today as expected and by lunch the market had been boosted by the better than expected "Flash" Chinese manufacturing data for July. The HSBC China flash Purchasing Managers' Indexes (PMI) for July hit a 18month high up 52.0 boosted by new orders up from 50.7 points in June and better than the BLOOMBERG market survey expected of 51.0.
Vittorio Hernandez Jul 24, 2014
A smartphone user shows the Facebook application on his phone

Global Markets Overview – July 24, 2014

It was another positive night for equities, with gains through European and US trade mainly driven by optimism around US corporate earnings. Geopolitical risk was largely ignored yet again with traders favouring equities.
Vittorio Hernandez Jul 24, 2014
New York Stock Exchange

Australian Stock Market Report – Morning July 24, 2014

IMF released updated US growth forecasts. US growth forecasts for 2014 were lowered from 2% to 1.7%. 2015 growth forecasts were kept at 3% - which would be the fastest expansion since 2005. The IMF believes the Fed can keep policy rates at zero for longer than mid-2015 if inflation stays subdued.
Vittorio Hernandez Jul 24, 2014

CBA, NAB, Westpac in Fixed Rate War Offering Below 5% Interest

Three of the big four banks in Australia cut their fixed interest rates on Wednesday to below 5 per cent as part of a rate war among the lenders. The rate war provides borrowers the opportunity to enjoy record-low interest rates on the long term.
Vittorio Hernandez Jul 24, 2014
Stock Market

Australian Stock Market Report – Afternoon July 23, 2014

Today was a solid day for the markets and investors at last we saw the market putting some good ruins on the board and the ASX 200 hit a new 6 year high. The market was boosted by positive quarterly numbers from BHP Billiton Limited (BHP) and a strong rally into bank, insurance and transport stocks.By the end of trade the All Ordinaries Index had added 33 points and the ASX up 0.6% to 5576.7 points. The market trading volume increased today to 2.3Billion shares and all sectors closed higher.
Vittorio Hernandez Jul 23, 2014
A broker monitors the market from his booth during a trading session at Karachi Stock Exchange

Australian Stock Market Report – Midday July 23, 2014

After a solid session on Wall Street the Australian market opened higher. Our market boosted by positive quarterly numbers from BHP Billiton Limited (BHP) and money going back into the banking sector.
Vittorio Hernandez Jul 23, 2014
A departure time flight board displays various cancellations as passengers stand nearby at Ben Gurion International airport in Tel Aviv July 22, 2014. The Federal Aviation Administration (FAA) banned U.S. carriers from flying to or from Ben Gurion Intern

China Military PLA Drills Affect Flights, Hundreds Cancelled

Travelers going in and outside of China are being advised to brace for potential delays and worst, flight cancellations in the next three to four weeks. The country's People's Liberation Army is currently conducting military drills over the East China Sea, thus imposing "air traffic restrictions."
Esther Tanquintic-Misa Jul 23, 2014

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