Tuesday 21 April 2015

Australian PM Rudd calls Sept 7 election

Australian Prime Minister Kevin Rudd called a September 7 general election on Sunday, barely six weeks after he toppled former leader Julia Gillard in a party-room vote, ending a turbulent three years in power for the minority Labor government


US jobless claims at four-month high

  The number of Americans filing new claims for unemployment benefits hit a four-month high last week, suggesting the labor market recovery lost some steam in March.    Initial claims for state


Australian PM Gillard wins leadership ballot

Australian Prime Minister Julia Gillard convincingly won a leadership vote against rival Kevin Rudd on Monday as opinion polls show her unpopular minority government clawing back voter support despite the bitter and public leadership brawl.


Australia heading towards first hung parliament

Australia faces it first hung parliament in decades with neither the ruling Labor party or the opposition likely to be able to form a majority government after Saturday's election, a worst case outcome for financial markets. Prediction

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