Classes finally resumed for British Columbia's half a million public school students.
Esther Tanquintic-Misa
Sep 23, 2014
The small global rout overnight will sharpen the focus on market conditions, forward expectations and market participation.
Vittorio Hernandez
Sep 23, 2014
In US economic data, existing home sales fell by 1.8% to a 5.05 million annualised rate in August, short of forecasts tipping sales near 5.20 million. And the national activity index fell from 0.39 to minus 0.21 in August.
Vittorio Hernandez
Sep 23, 2014
A Chinese e-commerce giant broke the 2010 IPO record set by another Sino firm, the Agricultural Bank of China, when it raised $22.1 billion capital via the share launch. On Monday, Alibaba Holdings Group (NYSE: BABA) raised $25 billion after underwriters sold 48 million more shares.
Vittorio Hernandez
Sep 23, 2014
Hungry Jack's launched Flame Their McOpoly to rival Macca's Monopoly campaign.
Anne Lu
Sep 22, 2014
It was a quiet day for company and economic news today which left little for participants to be inspired by, apart from raw sentiment. The sellers maintained their sense of purpose throughout the day. The market closed down again making it day 11 of 14 in the red, with the ASX 200 closing at 5363 points down 66 points or 1.29 per cent.
Vittorio Hernandez
Sep 22, 2014
The Vatican has vowed to simplify the process of getting annulments in the Roman Catholic Church.
Esther Tanquintic-Misa
Sep 22, 2014
A 2 day break at the weekend has done little to dent the ambition of local sellers. Having lost almost 1.8 per cent last week, the ASX 200 opened flat although within the first half of the session the index had fallen by 20 points. Thereafter the Index plumbed new lows to be down by about 30 points at the worst levels of the morning.
Vittorio Hernandez
Sep 22, 2014
Apple Inc (AAPL) is predicted to have a strong opening sales weekend in retail stores around the world. Some analysts projected lower sales figures due to limited supplies and high demand.
Reissa Su
Sep 22, 2014
After the 24 hour volatility mayhem that saw the FOMC board meeting, Scottish independence vote and Alibaba IPO, today is likely to see the dust settling and a little more calm in the market.
Vittorio Hernandez
Sep 22, 2014
In US economic data, the leading index rose by 0.2% in August, short of forecasts tipping a 0.4% gain. The weekly Economic Cycle Research Institute index was up 2.1% on a year ago, up from 1.7% in the previous week.
Vittorio Hernandez
Sep 22, 2014
Jack Cooksey is officially the first owner of the Apple iPhone 6 in Australia by lining up all night on Thursday in Perth. However, when he was interviewed by the Today Show, his precious mark in Australian tech history was almost removed because the smartphone dropped to the floor as the nervous gadget owner struggled to open the box.
Vittorio Hernandez
Sep 22, 2014
Chinese e-commerce giant Alibaba Holdings (NYSE: BABA) raised $21.8 billion on Friday when it launched its initial public offering at the New York Stock Exchange. It sold 320.1 million shares at $68, the high end of its revised price range.
Vittorio Hernandez
Sep 22, 2014
A rich American leased the island of Fuga in northern Philippines for 25 years for $2 billion. The 10,000-hectare island-paradise is known for its white-sand beaches and crystal-clear blue water.
Vittorio Hernandez
Sep 22, 2014
There was some evidence of sellers fatigue in early trade on Friday. Buyers were able to get some purchase helped by the fact that ASX 200 has lost 2 per cent so far this week, bringing the losses for the month to 3.5 per cent.
Vittorio Hernandez
Sep 19, 2014
Air Canada's new first checked bag policy rule will come into effect on Sept 18 to bookings and later, for travel on or after Nov 2.
Esther Tanquintic-Misa
Sep 19, 2014
The biggest market volatility events of 2014 are almost over. The FOMC was yesterday, Scotland voting for independence is today and Alibaba, with its mass market interest, is tonight.
Vittorio Hernandez
Sep 19, 2014
In US economic data, jobless claims fell by 36,000 to 280,000 last week - the lowest level since July. US housing starts fell 14.4% in August after an outsized 22.9% gain in July. US building permits fell by 5.6% in August after rising by 8.6% in July. On a more positive note, housing starts in the South (where about half of all US housing construction takes place) rose to an eight month high, while permits in the region rose to their highest level since April 2008.
Vittorio Hernandez
Sep 19, 2014
Wifka, a private fraud investigation firm in Germany, was hired to investigate the July 17 downing of Malaysia Airlines Flight MH 17, which killed 298 passengers and crew on board the ill-fated plane.
Vittorio Hernandez
Sep 19, 2014
In 2000, Softbank of Japan invested $20 million in Alibaba.com, which was not known yet in the global tech circle. Masayoshi Son, the chief executive of Softbank, is reaping the fruit of his investment decision as shareprices of Alibaba (NYSE: BABA) surge ahead of its initial public offering on Friday, Sept 19.
Vittorio Hernandez
Sep 19, 2014
A new startup in the US is offering handsome male servants who would pamper their employers in the tradition of butlers for $125 per hour. The firm, aptly named ManServants, was established by two young female entrepreneurs. Some of their man servants are former strippers.
Vittorio Hernandez
Sep 19, 2014
At the end of a day which saw a stronger start the Aussie market has recovered after its lunchtime slump, closing slightly higher and thus ending a six day losing streak. The All Ordinaries Index (XAO) closed at 5419 points up 0.14%.
Vittorio Hernandez
Sep 18, 2014
A former NHS nurse has become the first volunteer from the U.K. to undertake the Ebola vaccine trial on humans.
Esther Tanquintic-Misa
Sep 18, 2014
Despite a firmer start this morning, the Australian sharemarket is trading at its lowest level since 2 July at lunch. The All Ordinaries Index (XAO) is below the key 5400pt mark, is down for the seventh day and this is the worst week for local markets in 15 months. Volume iselevated partly due to index option expiry today which tends to result in a volume spike.
Vittorio Hernandez
Sep 18, 2014
Chinese e-commerce giant Alibaba Group Holding (NYSE: BABA) increased the price range of its initial public offering scheduled to launch on Friday, Sept 19. The new price range of $66 to $68 from the previous $60 to $66 is an indicator of the strong demand for shares of the e-commerce portal founded by former teacher Jack Ma.
Vittorio Hernandez
Sep 18, 2014
Rare enterovirus D-68 (EV-D68) has reportedly entered Canadian shores.
Esther Tanquintic-Misa
Sep 18, 2014
The FOMC statement retained 'considerable time' and changes to the economic statement were limited; however, the Summary of Economic Projections were all slightly higher than expected, which triggered a mass wave of USD buying.
Vittorio Hernandez
Sep 18, 2014
Rise in sea levels could cost the Australian economy hundreds of billions of dollars. The Climate Council has released a report revealing the costs of infrastructure if no action is done to prevent future damages.
Reissa Su
Sep 18, 2014
The US Federal Reserve left interest rate settings unchanged with the federal funds target range at zero to 0.25% and decided to wind back asset purchases from $25 billion to $15 billion a month. The Fed retained its key statement "that it likely will be appropriate to maintain the current target range for the federal funds rate for a considerable time after the asset purchase program".
Vittorio Hernandez
Sep 18, 2014
The financial intelligence agency AUSTRAC ordered on Wednesday the temporary suspension of the operations of the Bisotel Rieh remittance company on suspicions that it is being used to fund terrorism in the Middle East.
Vittorio Hernandez
Sep 18, 2014
