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| | | It was another ho-hum day on Wall Street last night. Nothing much was expected, nothing much transpired. US stocks ended flat in light trading activity as the bond market and government offices closed in celebration of the day Christopher Columbus came ... |
| | | | "War! huh-yeah What is it good for? Absolutely nothing..." Norman Whitfield and Barrett Strong wrote this song in 1969 in protest of the Vietnam War. Its lyrics talk about the lost of lives and "tears to a thousand mothers' eyes". "War! It ain't nothing ... |
| | | | The Australian market has received mixed leads from offshore trading, with Wall Streets's key indices lower, but precious and base metals were higher. Oil fell slightly. On the Sydney Futures Exchange, at 0747 AEST, the December share price index contract ... |
| | | | Almost two years after the failure of Lehman Brothers sent global markets into the tailspin that would eventually become the GFC, shamed former chairman and chief executive of the bank, Dick Fuld, fronted a Financial Crisis Inquiry Commission (FCIC) ... |
| | | | "One country, two systems." The first time we heard this phrase was when Britain's 99-year lease of Hong Kong expired on 1 July 1997. Bloomberg reiterated a slightly different version of this phrase last night. "One report, two spins." One report. US ... |
| | | | ... on the jobs market. With sustainable growth, debts and deficits are easier to repay. Now we're back to square one. Rinse. Wash. Repeat. Rinse. Wash. Repeat. |
| | | | Another week, another bad start for Wall Street as the bears continue to loiter the financial playground, scaring the bulls away from the equities roller coaster ride and directing them into the bond market fun house. With no major data release out ... |
| | | | Weak. That's the only word to describe last night's economic data releases out of the America. US consumer no spend. The Commerce Department reported that personal spending showed no growth in June - lower than the expected gain of 0.1 per cent and ... |
| | | | "Unusually uncertain" indeed! Flat, flat, flat. This is how the most major equity markets from Asia to Europe to Wall Street finished the past 24 hours. Some closed a little bit higher, others a tad lower, most just flatlined. Because of the "unusually ... |
| | | | The Australian stock market remained lower at noon on Thursday, lead by losses in the resources and financial sectors. At 1200 AEST, the benchmark S&P/ASX200 index was down 19.3 points, or 0.44 per cent, at 4,442.8 points, while the broader All Ordinaries ... |
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