By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
Admin System
Aug 30, 2013
Australian flag carrier Qantas is slowly beginning to turnaround financially as the air carrier logged $6 million full-year net profits, its first after it suffered from its first loss since the company was privatised.
Vittorio Hernandez
Aug 30, 2013
By Greg PeelThe Dow closed up 16 points or 0.1% while the S&P gained 0.2% to 1638 and the Nasdaq added 0.
Admin System
Aug 30, 2013
Our operating hunch is that US stocks, Treasuries and gold have all turned over recent months.
Jamelle Agbuis
Aug 30, 2013
Emerging markets are in all sorts of trouble, and with the oil price preparing for another Middle Eastern war, centred this time in Syria, their problems are about to get worse. A collapsing currency combined with a rising US dollar oil price is a big tax on economic growth, and it comes at precisely the wrong time for the global economy.
Jamelle Agbuis
Aug 30, 2013
McDonald's the world's most popular hamburger chain is getting into the chicken wing business. After several months of testing in Chicago, McDonald's is preparing for a nationwide rollout of its "Mighty Wings" next month, the company has confirmed.
Jamelle Agbuis
Aug 30, 2013
The Australian sharemarket rose modestly today, with concerns relating to Syria put on the backburner briefly. The All Ordinaries Index (XAO) edged higher by 0.1 per cent, with the underperforming (yesterday) mining & energy stocks leading the improvements.
Vittorio Hernandez
Aug 29, 2013
Colombian rebels who belong to the National Liberation Army (ELN) released on Tuesday Canadian mining executive Gernot Wober after 221 days in captivity.
Vittorio Hernandez
Aug 29, 2013
By Jonathan BarrattAs we have already seen a 20% rally in gold from the lows of US1180 we have to assume, based on a technical footing, that the bull market is back with us.
Admin System
Aug 29, 2013
By Greg PeelThe Dow rose 48 points or 0.3% while the S&P gained 0.3% to 1634 and the Nasdaq added 0.4%Result season took a back seat on Bridge Street yesterday as offshore pressure finally became too much and Australia joined in a Syria-related risk-off divestment which saw cyclicals dumped, with ma...
Admin System
Aug 29, 2013
Australian shares finished firmly lower at the close, with the All Ordinaries Index (XAO) slipping by 1 per cent. The losses within the mining sector worsened throughout the afternoon, with the S&P/ASX200 Materials Index falling by 2.1 per cent.
Vittorio Hernandez
Aug 28, 2013
After doing little on Monday and Tuesday, the local market is recording its biggest daily slump since 7 August. The most significant driver is the tension in Syria. The potential for a US led military strike has been pushing gold and oil prices higher, while equities have been punished.
Vittorio Hernandez
Aug 28, 2013
By Peter Switzer, Switzer Super ReportThere are about four weeks to go for this taper-talk anxiety, which has been unsettling markets.
Admin System
Aug 28, 2013
By Greg PeelThe Dow fell 170 points or 1.1% while the S&P lost 1.6% to 1630 and the Nasdaq dropped 2.0%.
Admin System
Aug 28, 2013
The All Ordinaries Index (XAO) eased modestly after a slightly improvement on Monday. The 5100pt mark remains key for the ASX200; a level we've traded above for three straight sessions. The Australian market hasn't traded above the 5100 in a decisive manner however since June 2008. Weakness from the mining, energy, industrials and telcos kept the market a touch lower. Improvements from three of the four major banks helped to limit the losses; however wasn't enough to push the broader XA...
Vittorio Hernandez
Aug 27, 2013
The Australian share market is only slightly weaker in the early session despite falls on Wall Street overnight on Syria concerns. US Secretary of State John Kerry blasted Syria for its use of chemical weapons, sending the Dow Jones Index into free-fall in the afternoon session. European shares were mixed in thin trade on Monday with the UK markets shut for the bank holiday.
Vittorio Hernandez
Aug 27, 2013
Caltex Australia reported on Tuesday a 13 per cent drop in first half profit due to the sharp decline of the Australian dollar, while fuel sales also suffered because of production outages at a Brisbane refinery and damage to a Sydney pipeline.
Vittorio Hernandez
Aug 27, 2013
By Greg PeelA speculative buy order which hit the spot uranium market a few weeks back looking for sellers at the right price was withdrawn two weeks ago, leading to some scrambling selling and a US75c fall in spot.
Admin System
Aug 27, 2013
Google Hangouts has become an Internet sensation, on its own it has propelled the Google+ Social Network to number two behind Facebook. What has been amazing has not been the take up of Google+ although this was to be expected, but just how many business were embracing Google+ Hangouts.
Jamelle Agbuis
Aug 27, 2013
First, a quick look at the markets. The Dow rose 66 points yesterday. Gold stayed flat.
Jamelle Agbuis
Aug 27, 2013
By Greg PeelThe Dow fell 64 points or 0.4% while the S&P lost 0.4% to 1656 and the Nasdaq was relatively flat.
Admin System
Aug 27, 2013
The Australian share market kick-started the trading week on a slightly positive note, with the All Ordinaries Index (XAO) adding 0.2 per cent.
Vittorio Hernandez
Aug 26, 2013
The Australian sharemarket has been modestly higher this morning, with the All Ordinaries Index (XAO) up 0.1 per cent at lunch. The XAO is trading above the 5100.0pt mark once again; something which has only happened a handful of times over the past two months.
Vittorio Hernandez
Aug 26, 2013
By Stephen Hogan, Senior Private Client Adviser, Equities/DerivativesAustralian MarketThe Australian market (XJO) closed up 12.
Admin System
Aug 26, 2013
Today closed out another busy week for the Australian stock market. The ASX 200 index climbed from the open of trade and by the end was 47.7 points higher after a strong session in the US overnight.
Vittorio Hernandez
Aug 23, 2013
After all the pent up anxiety, the release last night was anticlimactic. 'We know little now that we didn't know going into the release of the minutes,' said Dave Meger, director of metals a Chicago trading firm quoted at News.com.au.
Jamelle Agbuis
Aug 23, 2013
Earnings season continues...heavyweights including NAB, Coca-Cola Amatil and QBE all reported first half results today. But we'll leave all that for tomorrow once the dust has settled. There's something more important going on in a different market.
Jamelle Agbuis
Aug 23, 2013
Heineken NV (HEIA), the world's third-largest brewer delivered a dismal earnings report on Wednesday, saying its first half profit fell 17 percent because of bad weather, weak "consumer sentiment" in Europe and the United States, and sluggish growth in developing countries.
Jamelle Agbuis
Aug 23, 2013
The Australian share market is rebounding in early trade following a positive session on offshore markets overnight. The NASDAQ rose more than one per cent despite a computer glitch which stopped trading for three hours.
Vittorio Hernandez
Aug 23, 2013
A computer glitch hit on Thursday the Nasdaq Stock Market for three hours. Being the second downtime this week, it raised anew concerns over the fragile state of the bourses.
Vittorio Hernandez
Aug 23, 2013