The Australian Livestock Exporters' Council suspended over the weekend live export of cattle to Egypt following the release of video footing by Animals Australia showing extreme cruel practices on animals for culling at Egyptian abattoirs.
By Ashley Jessen, director of LearnCFDs.com and author of CFDs Made SimpleDespite an extremely healthy lead from the US bourses overnight and an incredible day for our banking sector, our S&P/ASX 200 was unable to inspire any upside remaining flat for the day, down 0.
The Australian sharemarket improved for the second consecutive week, albeit only modestly. The All Ordinaries Index (XAO) edged higher by 0.5 per cent over the five past days and finished largely flat today.
The European Central Bank's (ECB) first rate cut in 10 months overnight is encouraging buyers on the local market for the third time this week. The All Ordinaries Index (XAO) is up 0.3 per cent, taking the gains this week to 0.76 per cent. Monthly non-farm payrolls tonight in the US will keep investors on edge for the next 10 hours. The creation of around 150,000 is now expected by the market for April.
The Australian dollar has edged slightly higher overnight following the European Central Bank's decision to cut its key interest rate and the release of better US economic data.
By Michael Lombardi, MBA for Profit ConfidentialAs of April 26, more than half of the companies in the S&P 500 issued their corporate earnings for the first quarter of 2013.
With the FOMC and ECB meetings out of the way now, investors will be encouraged to see central banks remaining committed to stimulating the global economy. There has been increasing pressure on the ECB and BoE to join other major central banks in conducting easing measures.
Singapore is a tiny city-state, but it looms large in the international aviation industry since its national air carrier and airport topped two separate lists of best airlines and gateways made by Business Insider.
By Greg PeelThe Dow rose 130 points, or 0.9%, while the S&P gained 0.9% to 1597 and the Nasdaq added 1.
n US economic data, claims for unemployment insurance fell by 18,000 to a five-year low of 324,000. The trade deficit fell from $43.63bn to $38.83bn as a 2.8pct fall in imports outpaced a 0.9pct fall in exports. Productivity grew at a 0.7pct annual pace in the first quarter, short of forecasts for a 1.2pct gain.
The Australian share market closed lower for a second session today, as weakness from US markets and a fall in commodity prices impacted sentiment. Investors were also unwilling to take on too much risk ahead of the European Central Bank meeting later tonight.
A worse than expected reading on the health of China's manufacturing sector coupled with sluggish US jobs growth are dragging Aussie equities lower at lunch.
Often unknown and forgotten unsung heroes have repainted the picture of the world. We can find most unsung heroes in almost every field of human history, including business. Those most unheard heroes have changed it seeking neither applause nor reward, often staying in a shadow, giving room to others.
By Jonathan BarrattAs we mentioned last week when you have a metal that is trading just above its cost of production there is bound to be some form of response.
By George Leong, B.Comm.What's all of this fuss about earnings helping to drive up the stock market?The first-quarter earnings season has been OK, but not great.
By Greg PeelThe Dow fell 138 points, or 0.9%, while the S&P fell 0.9% to 1582 and the Nasdaq lost 0.9%.
The Aussie market failed to make it three straight days of gains, with a slightly worse than expected Chinese manufacturing report together with profit taking slamming the breaks on the improvements. The All Ordinaries Index (XAO) slipped by 0.5 per cent, wiping out close to half of yesterday's gains.
Local shares are slipping for the first time this week despite firmer global markets overnight. A lower than expected reading for China's official manufacturing PMI has kept investors in a selling mood. The All Ordinaries Index (XAO) is down 0.3 per cent or 18 pts to 5,150.6.
-Earnings growth unlikely in FY13-Austen quarry has key to price upside-Challenges for clinker production-Hostage to housing improvementBy Eva BrocklehurstQuarry, concrete product and cement producer Adelaide Brighton ((ABC)) used a tour of its Austen quarry, NSW, to let brokers know that the going ...
Rio Tinto (ASX: RIO) opened on Tuesday its $2.2 billion diamond mine in Argyle, Kimberley, Western Australia with a tradition ceremony to ward off evil spirits.
By Greg PeelThe Dow closed up 21 points, or 0.1%, while the S&P added 0.3% to 1597 and the Nasdaq jumped 0.
The Australian sharemarket made it two straight days of gains, with the All Ordinaries Index (XAO) rising by 1.2 per cent. US markets hit fresh record highs thanks in part to improved corporate earnings, while the financials led local stocks higher in Australia today.
Great start for the Aussie market with the ASX 200 index hitting a 52 week high in early trade after getting a real leg up from a strong rally in banking stocks. By lunch The All Ordinaries Index (XAO) stood at 5,145 points up 38points.
Are you a rich or adventurous vagabond out to conquer the most delicious restaurant cuisines the world can offer? British magazine Restaurant has released its annual 50 best restaurants in the world, and for 2013, the top spot distinction has been given to Spain's El Celler de Can Roca.
By Andrew NelsonLast week on the uranium spot market might not have been busy, but at least it was positive.
BHP Billiton informed that it finally got rid of the Pinto Valley copper mine and a railroad in Arizona. The lucky buyer of these assets is Canada's Capstone Mining Corp. which is to pay as much as $650 million to the global mining giant.
J.P. Morgan Chase & Co. the financial behemoth, which employees 258,965 people and is considered the largest US Bank with operations across the globe, announced the departure of its Co-Chief Operating Officer Frank Bisignano on the 28th April 2013.
As per the latest Ernst & Young (E&Y) Item Club report the "Bank Lending of loans," UK business is going to see an upward swing by the end of 2013. If it does transpire that banks increase loan lending to UK business, it will be for the first time since the 2008 financial crisis which catapulted the markets and economy in turmoil.
By Greg PeelThe Dow closed up 106 points, or 0.7%, while the S&P gained 0.7% to 1593 and the Nasdaq added 0.
It was a solid start to the trading week with financial stocks driving the gains. After rising by 3.2 per cent over the course of the shortened trading week last week, local stocks added 0.5 per cent today. The All Ordinaries Index (XAO) finished the day's trade at 5,108.3pts.
