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REUTERS

Australian Stock Market Report – Afternoon 5/17/13

The Australian market not only held onto its gains but extended them further this afternoon. The ASX200 Index jumped by 0.3 per cent, making it three stronger sessions this week.

Italy could head for elections soon

European Markets Open Lower on Wall Street Cues

Investors remain cautious as the US Federal Reserve hints exit from the bond-buying programme.

Authorities in Queensland are now racing to construct a 300-bed village in Bundaberg as residents of the town start to rebuild their lives after the devastating January 2013 Queensland floods brought by ex-cyclone Oswald.

Flood Prone Queensland Faces New Flood Tax Proposal

Australia's flood prone state of Queensland is facing a new flood tax proposal.

Asian markets remained flat

Asian Markets Subdued as Fed Hints End to Bond-Buying

The dollar gains strength as the Fed indicates an exit from bond-buying programme.

Indian gold jewelery

Gold Trade: Middle East, Indian, Chinese Small-time Investors Helped Push Gold in Q1 2013

Despite the global gold demand trade decelerated in the first quarter of 2013 compared from the year ago, the actual exchange of gold among small-time investors...

Australian Stock Exchange

Australian Stock Market Report – Midday 5/17/13

Finally, after two straight days of losses the Aussie market is creeping higher. The All Ordinaries Index (XAO) is up 0.2 per cent or 8.8pts to 5,153.3.

Mental Health Cases Rising Among American Children, How to Spot Symptoms of Mental Illness in Your Child

Mental Health Cases Rising Among American Children, How to Spot Symptoms of Mental Illness in Your Child

For the past ten years, in what could be America's most sensitive health topic to date, a report has disclosed that the number of mental health cases in the world's freest economy is rising.

Bill Gates, worth $US54 billion, and residing in USA

Bill Gates Grabs Back Title Richest Person in the World in Bloomberg Billionaires List

Bill Gates, the founder of Microsoft, topped the Billionaires' List of Bloomberg, released on Friday. He grabbed the title World's Richest Person from Carlos Slim of Mexico.

International Data

Gold bars

India and China Continue to Push Gold Demand Higher- World Gold Council

08:54 AM ET

Total gold demand declines13% in the quarter due to a massive liquidation of exchange traded funds.

Economic Data

UK jobs

City of London Finance Jobs Fall in April as Firms Stall Hiring

07:02 AM ET

City finance jobs decline to 5,922 in April from 7,661 in the same month, a year ago

Policy

HMRC’s chief executive and permanent secretary Lin Homer (Photo: Parliament TV)

HMRC Chief: We Collect Tax Under Duty of Law Not Morals

03:13 PM ET

Lin Homer tells the Public Accounts Committee that HMRC collects taxes under laws set by government, not on morals.

Commodities

Oil prices are falling despite a late day surprising dead cat bounce as oil...

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