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Australian stocks soar after historic Wall St lift

The consumer rally on Wall Street was echoed by Australian retail stocks, which were among the market's best performers.

from Sydney Morning Herald - Business http://bit.ly/2AfiLIM
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Sydney trader pleads guilty to manipulating Chicago futures market

The young commodities trader from Sydney had been caught out in what the US Justice Department calls the largest enforcement action of its kind in history.

from Sydney Morning Herald - Business http://bit.ly/2rWDs7F
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KKK symbols, nooses: BHP settles racial discrimination claim in US

BHP had at first vigorously defended the matter along with co-accused US miner Capstone Mining, but recently settled for what is believed to be a seven-figure sum.

from Sydney Morning Herald - Business http://bit.ly/2QSKU2N
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'Move faster': Toyota wants to put a robot friend in every home

Well-known for its automated assembly lines, Toyota has sold enough cars to put one outside every Japanese home. Now it wants to put robots inside.

from Sydney Morning Herald - Business http://bit.ly/2AhXQ7X
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The volatile outlook for 2019 is a reflection of Trump's America

The last few months of 2018 provided a torrid period for investors after years of calm. Expect more of the same in 2019.

from Sydney Morning Herald - Business http://bit.ly/2CCoOsB
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Michelle Guthrie files lawsuit against ABC for unfair dismissal

The sacked ABC managing director has filed a lawsuit against the public broadcaster, specifically naming former chair Justin Milne and three board directors.

from Sydney Morning Herald - Business http://bit.ly/2AeZo2w
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ASX riding high after historic Wall Street rebound rally

Surging oil prices and early gains by the big miners have kept the Australian share market buoyant after the bourse got a jump-start from Wall Street.

from Sydney Morning Herald - Business http://bit.ly/2QQV7ww
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How to get a summer holiday if you run a small business

Allison Greenland remembers the time when she almost succeeded at taking a summer holiday.

from Sydney Morning Herald - Business http://bit.ly/2So6b0H
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Wall Street surges in best rally since March 2009; oil soars

Wall Street staged one of the biggest rallies of the 9 1/2 year bull market after coming within points of seeing it end, with major indexes surging at least 4.9 per cent. Crude jumped almost 10 per cent.

from Sydney Morning Herald - Business http://bit.ly/2SnahpQ
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8@eight: ASX set to open higher after Wall Street's rally

What happened overnight and what's ahead for the ASX.

from Sydney Morning Herald - Business http://bit.ly/2CzrLdt
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These CEOs got multimillion-dollar bonuses. Their companies paid little or no tax

The CEO's of some of Australia's largest companies received multi-million dollar bonuses while their companies paid little to no company tax, according to tax office transparency records.

from Sydney Morning Herald - Business http://bit.ly/2EO9J9z
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Tyranny of distance: The renewable power disconnect

The renewable energy boom may be going to waste because the best place to put wind and solar is too far away to connect to the grid.

from Sydney Morning Herald - Business http://bit.ly/2EKFGyK
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Bank shares safe as house prices in 2018

What a big year in business it has been, and with the impact of the banking royal commission still being felt it's likely that 2019 will be another bumpy ride.

from Sydney Morning Herald - Business http://bit.ly/2EOQSLF
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Major African airlines in alliance talks in bid to sure up futures

South African Airways, Kenya Airways, Air Mauritius and RwandAir are in talks to create an alliance in an effort to fight off mounting competition.

from Sydney Morning Herald - Business http://bit.ly/2ERF7Ed
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U.S. Satellite Firm Offers to Sell Minority Stake to Russia

Russia is an important market for OneWeb's project because it has many remote areas where high-speed broadband is not available.

from The Moscow Times - News, Business, Culture & Multimedia from Russia
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Court Upholds FSB Chief’s Defense of Stalinist Repressions

A court has upheld a Russian intelligence chief’s controversial interview defending his predecessors, who were involved in organizing Stalinist repressions.

from The Moscow Times - News, Business, Culture & Multimedia from Russia
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Disgruntled Siberian Cycles in -40 C Against Bus Fare Hikes

“We recommend Nikita and all residents of Surgut to dress warmer and get to school and work using safer routes,” the mayor’s office said.

from The Moscow Times - News, Business, Culture & Multimedia from Russia
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Foreign Investors Flee Russia in 2018, Pull $1 Bln

Foreign investors have reportedly withdrawn more than $1 billion from Russian funds in 2018, a year marked by geopolitical turbulence.

from The Moscow Times - News, Business, Culture & Multimedia from Russia
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Nine Workers Die in Mine Fire in Russia

The workers were trapped underground by smoke after a fire broke out in the mine.

from The Moscow Times - News, Business, Culture & Multimedia from Russia
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I'm all alone, says devastated Seventeen vocalist

It was supposed to be just another performance for Indonesian pop band Seventeen.

They were tapped to put on a show at state-owned electricity firm PLN's corporate event in Tanjung Lesung Resort in Pandeglang regency, Banten, on Saturday.

But little did they know that this would be their last gig together.

Based on an amateur video circulating on social media, Seventeen was right in the middle of entertaining the audience when waves hit the stage they were on.

from Asia
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Prayers, fear in tsunami-struck Indonesian towns as toll tops 400

A small Christmas service was held near a stretch of Indonesia's tsunami-struck coastline Tuesday, as panicked residents in one coastal town tried to flee after rumours spread that another deadly wave was about to smash into the coast.

It turned out to be a false alarm, but widespread fears about a repeat disaster -- and warnings that clean water and medicine supplies were running low -- rippled across the region as the death toll from Saturday's volcano-triggered disaster topped 400.

from Asia
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Bali bans single-use plastics, targets 70 per cent reduction in 2019

JAKARTA - Bali has taken a big step to curb pollution in its waters, enacting a ban on single-use plastics including shopping bags, styrofoam, and straws.

Bali Governor Wayan Koster announced the ban on Monday (Dec 24), and expressed hope that the policy would lead to a 70 per cent decline in Bali's marine plastics within a year.

The new policy carries a six-month grace period dating from Dec 21, when it was signed and took effect.

from Asia
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Mother accused of leading teenage boys on Hong Kong robberies charged

A middle-aged woman suspected of leading a group of teenage boys - one of them her son - on a pair of robberies in one of Hong Kong's poorest neighbourhoods was charged on Christmas Day.

The five boys, aged between 14 and 16, were arrested on Christmas Eve, along with the woman, but had not been charged.

The 47-year-old woman, thought to be one of the boys' mother, was linked to two alleged robberies on December 16 and December 17.

from Asia
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Thai prisoner electrocuted during botched jailbreak

BANGKOK - A Thai prisoner died early Tuesday (Dec 25) after being electrocuted by high-voltage barbed wire as he attempted to escape, police said.

Wiwat Aksorsom, 32, broke free from his cell just after midnight along with two other prisoners and tried to scale the 6m walls of his prison in southern Surat Thani province.

But he accidentally touched the electrified barbed wire cresting the prison walls killing him instantly, Colonel Wanchai Palawan, superintendent of Chaiya district police, told AFP.

from Asia
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Thailand approves medical marijuana in New Year's 'gift'

BANGKOK - Thailand approved marijuana for medical use and research on Tuesday (Dec 25), the first legalisation of the drug in a region with some of the world's strictest drug laws.

The junta-appointed parliament in Thailand, a country which until the 1930s had a tradition of using marijuana to relieve pain and fatigue, voted to amend the Narcotic Act of 1979 in an extra parliamentary session handling a rush of bills before the New Year's holidays.

from Asia
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2-year-old boy missing for 9 days found dead near sugarcane plantation in Thailand

The search for a two-year-old Myanmar boy who went missing nine days ago ended in tragedy on Tuesday after his body was found 5 kilometres from a sugarcane plantation in Suphan Buri province.

Officials began scouring the 200-rai plantation on December 17 after his parents, who are Myanmar workers in the area, alerted the police of his disappearance. Locals, border patrol police and soldiers helped with the search, especially since his disappearance became national news due to his age.

from Asia
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Singer of Indonesian pop group Seventeen buries wife, bandmates killed in tsunami

JAKARTA - The front man of popular Indonesian pop group Seventeen was to bury his wife Tuesday (Dec 25), compounding a tragedy that saw his three bandmates also killed when a tsunami tore into their open-air concert.

from Asia
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The Birth of Jesus in the New Testament: One Event – Four Narratives

It might come as a big surprise to learn that many of the elements people often treasure as part of the nativity story come from Christmas carols and that the true source for this event, the Gospels in the New Testament, deal with the story of the birth of Jesus in four very different, but yet not contradictory, ways.

from CBNNews.com
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The Coming 'Turkish Jihadist Invasion' Against Christians: A Christmas Plea from Syrians to US Christians

In an open letter to Christians in the United States, the head of the Syriac Union Party pleaded that his people not be abandoned to Turkish forces if US troops pull out of Syria, a move announced recently by President Trump.

from CBNNews.com
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