ECONOMY

Janet Yellen

Global Markets Overview – July 10, 2014

The FOMC minutes have provided further reason for the market to grind higher. There was nothing that really broke with the current policy settings, however the discussions from the minutes had some very interesting revelations, with the most interesting of those coming from the 'exit strategy' of the asset purchase program
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Unemployment

Australian Stock Market Report – Morning July 8, 2014

In US economic data, the Employment Trends index rose from 119.03 to 119.62 in June. In European economic data, German production fell by 1.8% in May, the biggest reduction in two years and well below market expectations.
Laptop users at the Google I/O developers conference

Canada’s Anti-Spam Law Takes Effect

Institutions or individuals fond of sending spam mail to Canadian electronic mailboxes should ought to think twice sending those missives or otherwise risk getting sued in court for millions of dollars. Canada's new anti-spam law (CASL) already took effect on Tuesday.
Janet Yellen

Global Markets Overview – July 3, 2014

It was a busy night on the US economic calendar with the ADP jobs report and comments from Fed chair Janet Yellen hitting the wires. The ADP non-farm employment change came in at a much-better-than-expected 281,000, smashing estimates of 207,000. This saw expectations ramp up as we head into the official non-farm payrolls reading later today. With the July 4thIndependence day holiday on Friday, the data is being released on Thursday instead of the traditional Friday. The market is expecting to s...
Janet Yellen

Australian Stock Market Report – Morning July 3, 2014

Federal Reserve Chair Yellen delivered a speech at an IMF conference in Washington. She believes that raising interest rates to fight asset bubbles would be a bad idea, instead she argued better regulation would mitigate financial risk.
Chinese worker

1,600 Chinese Die Daily from Overwork

Although China's red-hot economy has slowed down, the Asian giant is still the envy of many western economies that suffered contraction after the global financial crisis in 2008, while Beijing was logging double-digit GDP growth rates. However, a report by Bloomberg released on Monday indicated that the price of success of China's economic miracle is overworked workers that some were literally dying on their work stations.
Doctors react after Pope Francis cancelled his visit at the Gemelli hospital in Rome June 27, 2014. Pope Francis cancelled a visit to a Rome hospital at the last minute on Friday due to what the Vatican called a "sudden indisposition".

Pope Francis Has Cancelled 4 Appointments in Past 7 Months – Report

Relaxed but looking tired, Pope Francis has resumed to his post as spiritual pontiff of the 1.2-billion strong Roman Catholic faith, appearing on Sunday at a two-hour-long Mass in St. Peter's Basilica. Concerns are growing for the pope's medical situation as he has been abruptly cancelling appointments lately, or at least four times in the last seven months.
An Asiana Airlines Boeing 777 plane is seen in this aerial image after it crashed while landing at San Francisco International Airport in California on July 6, 2013. REUTERS/Jed Jacobsohn

Human Pilot Error Cause of Fatal 2013 Asiana Airlines Crash

Before the still missing ill-fated Malaysia Airlines Flight MH370, there was Asiana Airlines Flight 214 on July 2013. On Tuesday, authorities from the National Transportation Safety Board said the jetliner crashed and killed three people at San Francisco International Airport in 2013 because of human error on the part of its pilots.

Carers Top ABS List of Top 10 Jobs in Australia With Growth Over Next 5 Years

In February 2014, Australia's joblessness rate hit 6 per cent, the highest rate since 1997. Employment experts believe that by identifying the hot jobs over the next five years, Aussies could help prevent their becoming unemployed since they could initiate steps this early to shift careers or learn a new trade.

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