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A boy hugs a tree as he takes cover after strong winds brought by Typhoon Rammasun, locally called  Glenda, battered the capital, metro Manila July 16, 2014.  Philippine authorities evacuated almost 150,000 people from their homes and shuttered financial

In Photos, Typhoon Rammasun Blasts the Philippines

Typhoon Rammasun, now on its way to strike southern China and northern Vietnam, forced over 400,000 people in the Philippines to evacuate and seek higher and safer grounds on Tuesday till Wednesday.
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
Federal Reserve

Australian Stock Market Report – Morning July 10, 2014

The US Federal Reserve FOMC minutes from its June 17-18 meeting were released. The Fed began detailing how it plans to ease the US economy out of an era of loose monetary policy. The minutes showed that Fed participants ´´generally agreed´´ that its monthly bond purchases would end in October. There was also discussion about the central banks current policy of reinvesting its $4.2 trillion in asset holdings as the securities mature. Policymakers debated how to reduce those holdings without disru...
Euro and U.S. dollar banknotes

Modern American Family Dynamics Complicate Wealth Management

A survey of 680 high net-worth individuals in the U.S. with $3 million or more in investable assets found that the changing family structures, multi-generational and extended family circumstances, evolving gender roles, and generational views on investing and use of wealth are challenging traditional approaches to wealth planning.
Some Of Bitcoin Enthusiast Mike Caldwell's Coins Are Pictured At His Office In Sandy, Utah

New Zealand Reserve Bank Official Believes Bitcoin May Replace Cash in Future

The Reserve Bank of New Zealand (RBNZ) deputy governor and operations head, Geoff Bascand, said digital currencies may one day replace cash. In his recent speech before the Royal Numismatic Society in Wellington, he described digital currencies like Bitcoin as a challenge to the form and use of money.
A man walks past a poster at a conceptual art exhibition about HIV/AIDS. Reuters Files

Australia Soon to Have HIV/AIDS Home-Testing Kits

HIV home-testing kits, similar to the pregnancy tests, will soon be made available in Australia after the federal government lifted a ban restricting their manufacture and sale.
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.
Air China's inaugural flight from Beijing to Washington arrives at Dulles International Airport in Virginia June 10, 2014. REUTERS/Gary Cameron (UNITED STATES - Tags: TRANSPORT BUSINESS)

Germany’s Lufthansa, Air China Mull Joint Venture on Routes

German airline Lufthansa will be entering into a joint venture with Air China that will see the two airlines share revenue on certain routes in Asia by selling each other's flight tickets. The routes are situated between China and Europe.
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...

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