Global Markets

Stock market yawning investor

From Global Markets 6:22 pm

Australian Stock Market Report – Afternoon September 1, 2014

The Australian sharemarket edged higher, making up for part of last week's 0.3 per cent slide. The All Ordinaries Index (XAO) rose by just 0.1 per cent and volume was light ahead of market closures in both the US and Canada (Labor Day) tonight.

File photo shows a labourer working on gold bars at a plant of a gold refiner in Istanbul

From Politics & Policy 6:12 pm

British Beach Folkestone Yields Gold Bars

At least a family and a group of three friends have struck rich after finding gold bars on Folkestone beach as part of the coastal town's third triennial arts festival.

A Woman WearsSunglasses in the Shape of Canadian Flags During Canada Day Celebrations in Ottawa

From Politics & Policy 4:02 pm

Teachers’ Strike in BC, Canada Stalls 1st Day of School; Labour Dispute Could Last Even After Labour Day

An ongoing teachers' strike has indefinitely postponed the start of classes for public school children in British Columbia, Canada. The new school year is supposed to start on Sept 2.

Ebola Warning Announcement

From Economy 3:48 pm

WHO Anxious of 1st Senegal Ebola Case, Says It is ‘A Top Priority Emergency’

The WHO has called on the government of Senegal to consider "a top priority emergency" efforts.

SYRIA-CRISIS-BEHEADING

From Politics & Policy 3:40 pm

Europe, US Next on ISIS’ Hit List, Says Saudi King; Seized ISIS Laptop Reveals Terrifying Bio-Warfare Plans

King ­Abdullah of Saudi Arabia warned authorities in both Europe and the United States to be extra vigilant as members of the ISIS terror group could already be in their respective countries preparing to unleash terrifying atrocities in the next two months at least.

stock market indices

From Global Markets 3:09 pm

Australian Stock Market Report – Midday September 1, 2014

The local share market has started the week on a positive footing, gravitating towards the 5650 area for the ASX 200. Sentiment was helped by US share markets which ended modestly higher on Friday. Investors remained wary as they monitored both the situation in Ukraine and mixed economic data in addition to a wariness about taking on new positions ahead of a holiday weekend.

Putin walks past Obama at the G20 in St. Petersburg

From Politics & Policy 11:21 am

Ukraine Crisis: Putin Dangles Nuclear War Threat, US Senators Advise Sending Defensive Weapons

US senators have advised sending defensive weapons to Ukraine so the latter can fight off pro-Russian rebels as President Vladimir Putin dangled the threat of nuclear war.

Russia's President Vladimir Putin chairs a meeting

From Global Markets 9:33 am

Global Markets Overview – September 1, 2014

Global markets are in for a big week on the central bank front, with the RBA, BoE, BoJ, BoC and ECB all set to meet. In the background will be the threat of Russia/Ukraine tension derailing the recovery. EU leaders are likely to impose further sanctions on Russia this week if no resolution is reached.

New York Stock Exchange

From Global Markets 8:48 am

Australian Stock Market Report – Morning September 1, 2014

In US economic data, the Chicago purchasing managers index rose from 52.6 to 64.3 in August - the biggest monthly point gain since July 1983. US personal income rose by 0.2% in July with spending down by 0.1% - both results fell short of forecasts. And consumer sentiment rose from 79.2 to 82.5 in August, above forecasts for a result near 80.1.

Stock Market

From Global Markets Aug 29

Australian Stock Market Report – Afternoon August 29, 2014

Buyers and sellers exchanged blows over the course of the session on Friday. Buyers were able to land the final blow which allowed the ASX 200 to end the day with a gain of 1.5 points. The month has yielded a similar outcome in terms of scale, with the index losing 0.