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Office workers are reflected as they walk past the Australian Securities Exchange building in central Sydney April 8, 2011. Singapore Exchange Ltd has terminated its $8 billion bid for Australia's ASX Ltd after the Australian government formally rejected

Australian Stock Market Report – Midday December 29, 2014

Australian shares are kicking off the holiday shortened trading week firmer, with the ASX 200 Index up 0.8 per cent. This is the first session of trade since last Wednesday and historically the next few weeks are usually quiet for local stocks.
A trader works on the floor of the New York Stock Exchange

Global Markets Overview – December 29, 2014

US equities continued to drift higher on Friday despite most global markets being closed for Christmas and Boxing Day holidays. In fact, US equities went on to print fresh record highs again with investors happy to continue following the trend. Data was also limited in that time but there continued to be some commentary out of key emerging markets
Air Asia aircraft model 9M-AQB is seen on track at Low Cost Carrier Terminal (LCCT) airport at Sepang outside Kuala Lumpur November 19, 2013. Malaysia's AirAsia Bhd will take up to two years to realise a profit from its Indonesia and Philippine units, inc

Still No Sign Of Missing Singapore-Bound AirAsia Jet

Another air tragedy similar to the missing Malaysia Airlines MH370 flight looms over the global aviation industry after an AirAsia plane with 162 people on board went missing on Sunday. The aircraft left a provincial Indonesia city for Singapore and flew over the Java Sea.
An office worker is reflected in the window of the Australian Securities Exchange building displaying the ASX50 curve for Wednesday in central Sydney August 7, 2013. Australian shares skidded 1.3 percent on Wednesday, its biggest fall in five weeks, hit b

Australian Stock Market Report – Afternoon December 24, 2014

The Australian share market has ended a shortened Christmas Eve session (14:00 AEDT Close) around the best levels of the day following an indifferent start where local investors sniffed at the strong gains on Wall Street overnight. US stocks posted impressive improvements following figures revealed that the final estimate of economic growth for the September quarter showed a 5.0% annualised pace, well above estimates of 4.3%
A metal sculpture depicting a stock exchange chart is seen in the reception hall of the Athens Bourse in Athens September 11, 2014. Greece on Thursday set the pricing on its offer to top up its recent three- and five-year bonds by about 1 billion euros (U

Global Markets Overview - December 24, 2014

It was another stellar day for US equities with a much better than expected revised GDP reading triggering the gains. Q3 GDP came in at a whopping 5%, revised from a previous estimate of 3.9% and much better than an expected 4.3%. This was the biggest gain since 2003 and this was enough to keep investors encouraged. Equities extended gains on the news with the S&P and Dow at fresh record highs. The S&P hit 2087 and the Dow topped 18,000. The GDP reading also underpinned the greenback as it ralli...
Models dance at the end of the stage during the finale of the annual Victoria's Secret Fashion Show in New York, November 13, 2013.

The Real Secret Of Undies From Victoria’s Secret

Despite a 2010 expose by Today show that revealed some retailers, including retail giants Gap, Macy's, Bloomingdale's and Nordstrom return used underwear on the shelves, another round of secret monitoring this 2014 caught three retails still engaged in the same unsanitary practice.
Trader Peter Tuchman wears a "Dow 18,000" cap as he works on the floor of the New York Stock Exchange in New York, December 23, 2014. U.S. stocks advanced on Tuesday, as the Dow climbed above the 18,000 mark for the first time in history and the

Australian Stock Market Report – Morning December 24, 2014

In US economic data, the final estimate of economic growth for the September quarter showed a 5.0% annualised pace, above estimates of 4.3% and the fastest pace in 11 years. Chain store sales were up 5.3% in the latest week, up from 4.1% in the prior week. New home sales fell 1.6% to a 438,000 annual pace in November. Personal income rose by 0.4% in November with spending up 0.6%. Home prices rose 0.5% in October to be up 4.5% on the year.

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