From Global Markets 9:08 pm
After a quiet night of trading on overseas market, where the Dow Jones index closed 3 points weaker and the NASDAQ composite ended down 2 points - the Aussie market closed slightly lower today. At the close of trade the ASX 200 ended down 0.08% or 4.
From Politics & Policy 4:34 pm
Police in Vancouver, Canada raided a medical marijuana store on Thursday for allegedly selling illegal recreational marijuana to the neighbourhood youth. The store was Jim's Weed Lounge.
From Economy 3:59 pm
Rising tensions in the Middle East and Ukraine are sure to impact an already plummeting global economy reeling from slowdowns in the U.S. and China. On Thursday, the International Monetary Fund said projected global growth for 2014 has been lowered to 3.4 per cent, from the previous estimate of 3.7 per cent in April.
From Global Markets 3:28 pm
The Australian sharemarket is falling for the first time in eight trading days, with the All Ordinaries Index (XAO) down 0.3 per cent. The falls are still only modest due to a lack of major drivers overnight. Shares in the U.S. finished largely flat despite the S&P500 continuing to hit fresh record highs on a daily basis.
From Economy 2:02 pm
The mysterious disappearance of one commercial airliner four months ago, plus the three successive crash accidents in just the past week has definitely taken its toll on the jittery global aviation industry. On Wednesday, the British Armed Forces scrambled two of its Royal Air Force aircraft after air controllers lost contact with a private plane.
From Economy 1:13 pm
Pope Francis was every inch visibly moved when he met on Thursday Meriam Ibrahim, the Sudanese woman who refused to recant her Christian faith even as a death sentence loomed over her head.
From Politics & Policy 11:22 am
Bell FX Currency Outlook: The Australian Dollar kicked higher yesterday after China's flash manufacturing data as reported by HSBC for July rose to 52 from last month's figure of 50.7.
From Economy 11:10 am
Has the world reached the purging stage as precursor to the prophesied end of times? In just a span of seven days, some 500 lives were lost from around the world due to three aviation accidents, the latest of which is the Air Algerie flight AH5017.
From Economy 9:26 am
Daily hotel rates increased year over year on a global scale, according to STR Global
From Global Markets 9:17 am
While equities continue to extend their gains, sentiment appears to be a bit mixed as the major currency pairs maintain some tight ranges. While there were a few developments overnight, the dominant theme remained US corporate earnings and optimism around an improving global manufacturing picture.