Search Results for: Australia
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
Asia trades mixed, ASX sheds 2% for the year
December 31st, 2015
Asian markets were treading water on the final trading day of 2015, with investors eyeing oil prices for further clues after a turbulent year for stocks. The Australian market, which closed early, shed over 2 percent for the year ...
Asian Shares Mostly Higher
December 30th, 2015
Energy shares rise after overnight recovery in oil prices, but Brent slips in early Asia trading Markets in Asia rose Wednesday as a recent recovery in oil prices in the U.S. lifted energy shares slightly. Australia’s S&P/ASX 200 was ...
Major Asian markets close higher after Nikkei, Kospi erase early losses
December 29th, 2015
Asian equities closed higher on the second day of 2015’s final week, after the Japanese and South Korean markets erased morning losses and the Australian market totted up a more than 1 percent gain. That’s a turnaround from earlier ...
The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’
December 28th, 2015
Did you know that 95 percent of all retail sales in Sweden are cashless? And did you know that the government of Denmark has a stated goal of “eradicating cash” by the year 2030? All over the world, we ...
Accounting firms have pushed into legal but will law push back?
December 28th, 2015
While big-four accounting firms have bulked up their legal services this year, law firms have missed the opportunity to diversify, says an analyst at the Commonwealth Bank of Australia (CBA). Marc Totaro, the national manager of professional services at ...
Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles
December 28th, 2015
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some ...
PayPal Touts Growth Of One-Touch Payments
December 23rd, 2015
The payments giant said Monday that more than 10 million consumers have enabled its universal digital payments service, One Touch. One of the key challenges to mobile and web payments is being able to carry your payments information across ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
Election in Spain left the country in even deeper political uncertainty
December 21st, 2015
After vote, Spain’s Rajoy faces arduous task Sunday’s election left Spain mired in even deeper political uncertainty than before, with experts calling it “near impossible” for Prime Minister Mariano Rajoy to find the political bedfellows necessary for a coalition. ...
