Australian Stock Market Report – Morning October 15, 2015
European shares recovered in late trade on Tuesday, after hitting an eight-month low earlier in the session. The better earnings results out of the US and rally in US equities prompted the turnaround. Earlier concerns about euro zone growth weighed on markets. The German ZEW monthly survey of economic sentiment fell for a 10th straight month to minus 3.6, the weakest result in almost two years. The FTSEurofirst 300 index rose by 0.1% while the UK FTSE gained 0.4% and the German Dax lifted by 0.2...
Australian Stock Market Report – Afternoon October 14, 2014
Local shares posted one of their better gains of the year today with the All Ordinaries Index (XAO) rising by 1 per cent or 50.9pts to 5204. Despite the improvement, the market's downtrend remains firmly in place with losses of over 8 per cent recorded since the start of September. The next support level for the ASX 200 is around 5070.0.
Caltex Australia Finally Shutters Sydney Oil Refinery, Over 300 Jobs Lost
Caltex Australia finally closed on Tuesday its 58-year-old oil refinery in Kurnell, Sydney. The oil and gas giant now runs the facility as a fuel import terminal. It spend $270 million over two years to convert the plant.
Apple Pay Coming To 18 Stores, Including Staples, MacDonald’s, Subway & Walgreens
The new Apple Pay system will launch in at least 18 retail outlets on Saturday, said a leaked memo from Walgreens and posted by MacRumors.
Australian Stock Market Report – Midday October 14, 2014
US shares slumped overnight in thin holiday trade. The Dow Jones fell by 1.4 per cent while the broader S&P500 dropped by 1.7 per cent. Investors are holding their breath for a barrage of profit results from some of America's biggest banks this week. Citigroup, JP Morgan Chase and Wells Fargo are all scheduled to issue third quarter results tonight.
$10M Funding For Start-Up LiFi, A Light Bulb That Could Act As Wireless Network At Home
Gadgets designed specifically to connect computers and smartphones to the Internet may soon be a thing of the past as the technology world moves toward the Internet of Things.
Global Markets Overview – October 14, 2014
A lack of macro news overnight meant markets were left to their own devices, which led to all sorts of indictors and moving averages being triggered.
New Zealander Widow Of MH 370 Passenger Turns Down $50,000 Compensation Offer
In a move that seems like a slap on Malaysia Airlines, the widow of a New Zealander who is one of the passengers of the missing Flight MH 370 rejected a $50,000 compensation offer from the air carrier.
Boxing News 2014: Mayweather Hints He Will Expose Pacquiao’s Secrets Based On Ariza’s Revelation, Insinuates Use Of Performance Enhancing Drugs
American boxer Floyd Mayweather Jr continued on Monday his offensive against Filipino boxing champion Manny Pacquiao. Not content with a threat to kick out his father, Floyd Mayweather Sr, who confirmed the dream match with Pacquiao in 2015, from the Money Team, Mayweather threatened to reveal the secrets of Pacquiao, allegedly provided by the Filipino congressman's former conditioning coach Alex Ariza.
BHP Billiton Open $3.4B Caval Ridge Coal Mine In Bowen Basin
Despite the low price of coal in the international market, mining giant BHP Billiton (ASX: BHP) pushed through on Monday with the opening of its $3.4-billion Caval Ridge coal mine in Bowen Basin, Queensland.
Australian Stock Market Report – Morning October 14, 2014
In Chinese economic data released yesterday, the trade surplus narrowed from US$49.83 billion to US$31.0 billion in September with exports up 15.3% on a year ago with imports up 7%.
Australian Stock Market Report – Afternoon October 13, 2014
The Australian market has slumped for the fifth time in six days and remains near an eight-month low. The All Ordinaries (XAO) slipped by 0.6 per cent and local stocks have shed 9.5 per cent from the highs reached at the start of September. The strength in the US dollar and recent concerns of sluggish world growth have been two drivers.
Fappening: 39-Second Teaser Features Woman Who Looks Like Kim Kardashian Having Sex With Unidentified Male
The controversy generated by Jennifer Lawrence's Vanity Fair photo shoot has yet to die, and a new leaked tape is now making the rounds of messaging boards, pointing to more images under the Fappening nude leaked celebrity scandal.
Australian Stock Market Report – Midday October 13, 2014
Local shares continue to fall and one of the most common exchanges between market participants at present turns around the level at which the ASX 200 will ultimately find some durable support with the index now down by more than 3 per cent year to date. European shares fell sharply to end last week, driven by continuing concerns about the health of the German, and broader European economy. US share markets were led lower by the technology stocks. Over the course of the week the Dow Jones lost 2....
Hoaxes On The Internet Debunked, Ranging From IS Militant Having Sex With Donkey To Child-Brides In Norway
There are several Web sites dedicated to debunking Internet hoaxes, while some publications have made it a weekly feature to belie these false stories that, ironically, even become viral even if most of them sound ridiculous.
‘Killer Mum’ Claims 8-Year-Old Autistic Son Proposed Suicide Pact Via Text Message
Gigi Jordan, a former executive of a pharmaceutical company, claimed that her 8-year-old autistic son, whom she killed with a deadly dose of prescription drug, proposed for them to engage in a suicide pact.
Global Markets Overview – October 13, 2014
We have been saying since mid-May to be wary of the events that will occur in October (the end of the asset-purchase program). October remains the turning point of the year and we retain our key pick of being long the VIX.
Gay Issues Dominate Discussions On Synod On Families
Gay issues ranging from holiday visits by homosexual children to allowing children of same-sex parents to receive the sacraments dominated a lot of discussions in the ongoing two-week Synod of Families.
Bulgarian Archeologist Discovers Vampire Grave
In what seems to be a confirmation of vampires, an archeologist claimed he had discovered a grave for the legendary fanged creature that had a skeleton with a stake driven on its chest, believed to be the way to kill a vampire or prevent the creature from further causing havoc.
Muhammad Ali Too Sick To Attend Own Movie Premiere
The eyes of the boxing world is currently focused on the speculated dream match between Manny Pacquiao and Floyd Mayweather Jr amid many rumours about the fight. The latest report said that Mayweather has denied such a bout is about to take place as he threatened to remove his father from the Money Team for confirming the match in 2015.
Hackers Access 100,000 Snapchat Images, Leaked Online
If celebrities have their 4Chan and Reddit nude selfie photo leaks, young people have their own headaches as reports indicate that hackers had accessed over 100,000 naked images of Snapchat member and had leaked them online.
Expect A Lot Of Nude Bodies In Wellington As New Zealand Wins Bid To Host International Naturist Federation’s World Congress In 2016
New Zealand would be the venue of the International Naturist Federation's (INF) World Congress in 2016 after the country's Naturist Federation won the bid to host gathering. That would mean about 200 naturists from over 30 countries would stay at the Wellington Naturist Club's headquarters in Upper Hutt.
Fappening: Jennifer Lawrence’s Daring Vanity Fair Photo Sends Mixed Messages
The ruckus created by the nude selfie leaks of celebrities such as Jennifer Lawrence refuses to die down, especially since the Hunger Games star spoke about the incident and had a pictorial with Vanity Fair which includes daring photos.
Boxing News 2014: Floyd Mayweather Denies Fight With Pacquiao; Threatens To Remove Dad From Money Team Over Wrong Info
The drama behind the dream match between Floyd Mayweather Jr and Manny Pacquiao took two dramatic turns on Friday when Money May not only denied such a match would take place in 2015, but he even threatened to remove his father, Floyd Mayweather Sr, from the Money Team.
Australian Stock Market Report – Afternoon October 10, 2014
Local shares extended their losses after lunch, falling for the fourthtime this week and hitting a fresh eight-month low. The All Ordinaries Index (XAO) slumped by 2 per cent, slipping below 5200.0 for the first time since February and making it the worst session of the year.
Accounting Software Provider Xero Is #1, Tops Australia’s List Of Most Innovative Companies
An accounting software provider in Australia, ironically named Xero, became number 1 when it topped the country's list of most innovative companies. Xero headed the 2014 BRW Most Innovative Companies list which was compiled by Inventium, an innovation consultancy.
Australian Stock Market Report – Midday October 10, 2014
The local market is taking last night's tumble in the US seriously with Australian shares falling to an eight-month low. The All Ordinaries Index (XAO) is down 1.7 per cent, erasing all of Thursday's gains.
No Bronze Statue Yet For PM Tony Abbott As Ballarat Runs Out Of Funds For Botanical Garden Bust
Former Australian Prime Minister Julia Gillard unveiled on Thursday her bronze statue at the Prime Ministers Garden in Ballarat. Political cartoonist Peter Nicholson sculpted the bust of the country's 27th and only female PM.
UK Campaign Encourages University Students To Pee While In The Shower To Save Water
The University of East Anglia (UEA) in the United Kingdom is encouraging its students to release their first morning urine while showering at the same time to save on water. Such as simple move could save 720 million litres of water if the practice becomes nationwide.
Rio Tinto Says Demand For Iron Ore Still Strong Despite Lower Price; Australia Seeks More Info About Beijing Tariff On Coal Imports
Only the price of iron ore has plummeted to a five-year low, but demand for the key steelmaking ingredient is still high, said mining giant Rio Tinto (ASX: RIO). While the miner expects 125 million tonnes of expensive iron ore supply to leave the market in 2014, Rio anticipates demand for iron ore will remain high as China's steel production would reach about 1 billion tonnes by 2030.
