News

CommSec Daily Report Monday

Latest newsThe Australian market opened firmer this morning but has faded at lunch and is now slightly lower for the fifth straight day. While the market is a little softer, the index is hovering just above support at 6000pts. Gains from mining stocks and consumer staples are helping offset losses from the banks.US markets hit…

CommSec Daily Report Friday

Latest NewsLocal shares started the last session of the week in listless fashion reflecting the flat finish for US equity markets this morning.US participants reflected on a weaker round of economic news in the session, in the process capping gains for stocks. Additionally , Investors remained wary of taking on new positions ahead of a…

Asia News Agenda Thursday

ASIA NEWS AGENDA ON THURSDAY+ Riots in Myanmar’s restive Rakhine state+ Hong Kong activists go on trial for rioting+ Federer, Halep in action at Australian OpenMYANMAR– Following developments after seven ethnic Rakhine protesters die as Myanmar police open fire during a riot in the combustible state.HONG KONG– Trial begins of pro-independence protesters Edward Leung and…

CommSec Daily Report Thursday

Latest newsAustralian shares are holding onto modest gains at lunch, snapping a two-day losing streak thanks to improvements from the big banks. The ASX 200 index is up by just 0.04 per cent, giving back most of this morning’s lift as mining stocks fade from a better start. Energy stocks – which only account for…

Asia News Agenda Wednesday

ASIA NEWS AGENDA ON WEDNESDAY+ War with North Korea ‘avoidable’: UN chief+ Hong Kong activist in court on protest charge+ Duterte lashes out at Philippine news siteUNITED NATIONS– A war with North Korea is avoidable, UN Secretary-General Antonio Guterres says, urging direct talks between key powers on dismantling Pyongyang’s nuclear programme.HONG KONG– Democracy activist Joshua…

European markets glum as US on holiday

Europe’s major stock markets dipped on Monday in subdued trading on a public holiday in the United States.London sentiment was knocked by news that British construction group Carillion has collapsed, which weighed in particular on share prices of its joint venture partner companies.London’s FTSE 100 index of leading shares closed down 0.1 percent.Wall Street is…

CommSec Daily Report Tuesday

Latest newsThe Australian market is off to a sluggish start, with the ASX 200 easing by 0.4 per cent at lunch on Tuesday with losses from miners, banks and energy stocks the main weight. US markets were closed last night for the Martin Luther King Jr Day holiday while European shares had an uninspiring performance.The…

Asia News Agenda Monday

ASIA NEWS AGENDA ON MONDAY+ Koreas due to hold talks on Olympic art troupe+ Israel’s Netanyahu meets India PM, president+ Australian Open tennis Grand Slam beginsSOUTH KOREA– The two Koreas are due to hold talks in the truce village of Panmunjom to discuss the North’s plan to send a performing art troupe to the Pyeongchang…

Asia News Agenda Friday

ASIA NEWS AGENDA ON FRIDAY+ Trump, Moon signal openness for talks with N. Korea+ Eurasia Cup golf event begins in MalaysiaSOUTH KOREA/UNITED STATES– Monitoring after President Donald Trump says he is open to the US holding talks with North Korea ‘under the right circumstances’, and China welcomes South Korean President Moon Jae-In’s willingness to sit…

Asia News Agenda Wednesday

ASIA NEWS AGENDA ON WEDNESDAY+ Myanmar court rules on Reuters journalists+ Macron continues China visitMYANMAR– A Myanmar court is poised to decide whether to charge two Reuters journalists under the Offical Secrets Act after they were arrested with documents on the Rohinyga crisis.CHINA– French President Emmanuel Macron continues visit to China, after he and Chinese…