Connect with us

Australia

S&P/ASX 200 drops 2.25% to fall below 6000 and wipes out August’s gains

S&P/ASX 200 (INDEXASX:XJO) has hit a one-month low and is back below the key 6,000 point mark at 5,924 by around 1.20 pm after dropping 2.25%.

All sectors are in the red, with banks, energy stocks, tech and property trusts declining by more than 2%.

Australian property prices fall[hhmc]
Home prices fell by 0.4% in August, making it the fourth straight month of declines for the index.

Melbourne home values fell most, down 1.2% in August, due to the severe Stage 4 restrictions.

Around the world[hhmc]
China's factory activity expanded at the fastest rate in nearly a decade in August, helped by the first increase in new export orders this year as manufacturers ramped up production to meet rebounding demand.

Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 53.1 last month from July's 52.8, marking the sector's fourth consecutive month of expansion and the biggest rate of growth since January 2011.

Meanwhile, New Zealand continues to be targeted ..

S&P/ASX 200 (INDEXASX:XJO) has hit a one-month low and is back below the key 6,000 point mark at 5,924 by around 1.20 pm after dropping 2.25%.

All sectors are in the red, with banks, energy stocks, tech and property trusts declining by more than 2%.

Australian property prices fall


Home prices fell by 0.4% in August, making it the fourth straight month of declines for the index.

Melbourne home values fell most, down 1.2% in August, due to the severe Stage 4 restrictions.

Around the world


China's factory activity expanded at the fastest rate in nearly a decade in August, helped by the first increase in new export orders this year as manufacturers ramped up production to meet rebounding demand.

Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 53.1 last month from July's 52.8, marking the sector's fourth consecutive month of expansion and the biggest rate of growth since January 2011.

Meanwhile, New Zealand continues to be targeted by hackers with the NZ stock exchange crashing again today.

COVID-19 update


Thirteen new cases of COVID-19 were diagnosed in NSW in the last 24 hours, bringing the total number of cases in the state to 3,874.

70 new COVID-19 cases and five deaths were recorded in Victoria, continuing a downward trend in the state.

India is rapidly becoming the world's new COVID-19 epicentre, setting a record for the biggest single-day rise in cases as experts predict that it'll soon pass Brazil, and ultimately the US, as the worst outbreak globally.

As many as 78,761 new cases were added on Sunday, the most reported in one day in any country, while 971 deaths were reported on Monday.

Top gainers


Todays top gainers on the ASX include FYI Resources Ltd (ASX:FYI) (+8.05%), High Peak Royalties Ltd (ASX:HPR) (+12.96%), Cauldron Energy Ltd (ASX:CXU) (+16.13%), Oakdale Resources Ltd (ASX:OAR) (+33.33%) and Polarx Ltd (ASX:PXX) (+9.09%).

Proactive news headlines:

VIP Gloves sets stage for growth with 17% revenue increase and 102% rise in profit


VIP Gloves Ltd (ASX:VIP) is demonstrating the benefits of increasing personal protection equipment (PPE) use with revenues during FY20 up by 17.1% to more than $13.696 million and profit for the year, after-tax, up 102.4% to $116,056.

Technology Metals Australia granted mining leases for Gabanintha Vanadium Project


Technology Metals Australia Limited (ASX:TMT) has been granted Mining Leases M51/883 (Northern Block) and M51/884 (Southern Tenement) within its Gabanintha Vanadium Project in WA.

Eclipse Metals to complete ground magnetometer survey ahead of drilling at Amamoor Manganese Project


Eclipse Metals Ltd (ASX:EPM) has scheduled a detailed ground magnetometer to be completed ahead of stage two drilling at the Amamoor Manganese Project in southeast Queensland.

Kin Mining's new high-grade Helen East discovery further enhances golden potential at Cardinia


Kin Mining NL (ASX:KIN) has received shallow and wide high-grade gold results from HelRead More – Source

Continue Reading

Australia

New Species Discovered Online By Botanists

In Australia, researchers discover several unknown carnivorous plants – not in the open air, but on the Internet. Research in front of the screen is now part of everyday life for botanists. Many creatures would otherwise remain undiscovered before they became extinct, they explain.

Social media has become a treasure trove for species researchers: a German-Australian team of scientists did not discover four out of six new carnivorous plants during field research in Western Australia, but identified them on Facebook, Instagram & Co. They were posted there by nature photographers, according to a statement on the study.

Such data, often published accidentally, sometimes intentionally, by hobby photographers and citizen scientists have become a valuable source for biodiversity researchers. And thus of great importance for the protection of many animal and plant species, emphasized Andreas Fleischmann from the Munich State Botanical Collection and the Ludwig Maximilian University of Munich. “In particular, it would not have been possible for us to determine the distribution areas of very rare species without this additional wealth of data.”

“Race Against Time”

He and his team had described six previously unknown carnivorous sundew species found in Western Australia and published the results of the investigations in the journal Biology. So far, only three species from the so-called Drosera microphylla species complex were known. Although many species are becoming extinct worldwide in the 21st century, new animal and plant species are still being discovered. “A race against time,” emphasized the scientists. Without the intensive work of species researchers, “many creatures would become extinct without ever having been known before”.

In the meantime, there is far more observation data from lay scientists in social media and even in scientific biodiversity databases than data from research collections, especially for the visually conspicuous carnivorous plants, according to a statement from the state collection on the study. For example, a sundew species from South Africa was known from three historical herbarium specimens and seven photos on a Citizen Science website in 2018.

Today there are already 307 observations from 131 amateur researchers interested in nature on the internet platform. “Meanwhile, the number of known herbarium specimens of sundew from South Africa in the scientific collections has remained the same.”

This article is originally published on n-tv.de/wissen

Continue Reading

Australia

Australian Open Ban On Russian, Belarusian Flags Sparks Debate

The Australian Open tennis organization today banned the display of Russian and Belarusian flags at the tournament venue, after a man hung the Russian flag in the stands during Sunday’s opening match between Kamilla Rakhimova of Russia and Ukraine. Kateryna Kozlova.

“The flags of Russia and Belarus are prohibited within the Australian Open,” the Australian Tennis Federation said in a statement.

“Our initial policy was that fans could bring them, but they couldn’t use them to disturb. Yesterday we had an incident where a Russian flag was placed next to the track,” the entity said.

“The ban is effective immediately. We will continue to work with the players and fans to ensure the best possible environment to enjoy tennis,” the text added, quoted by the AFP news agency.

Since the Russian invasion of Ukraine in February 2022, dozens of Russian athletes, teams and federations have been removed from major competitions or forced to participate without a flag.

This new sanction comes in response to a complaint from the Ukrainian Ambassador to Australia and New Zealand, Vasil Miroshnichenko, who last night called on Tennis Australia to take action against the display of these flags.

“We strongly condemn the public display of the Russian flag during Ukrainian tennis player Kateryna Kozlova’s match at the Australian Open,” he tweeted.

“I call on Tennis Australia to immediately implement its ‘neutral flag’ policy,” he added.

Ukrainian Won The Match

The Ukrainian won the match 7-5, 6-7 (8/10), 6-1 and will face American Caty McNally in the second round.

Ambassador Miroshnichenko had requested last week that the tournament completely ban players from Russia and Belarus from participating.

Wimbledon opted for this measure last year and banned players from these two countries in the tournament, which as a result did not count for the rankings by decision of the ATP and WTA.

The Russian embassy in Australia criticized “another example of the unacceptable politicization of the sport” and regretted that, in addition to carrying a neutral flag, its players “cannot be visibly supported by the fans.”

For her part, the Belarusian and world number five Aryna Sabalenka said that she was not opposed to the ban on flags “if everyone felt better like this”, but pointed out that sport “has nothing to do with politics”. .

“It’s not fair. People are dying there,” said Ukrainian tennis player Oleksii Krutykh, who assured that his country’s players were “shocked” by the appearance of Russian flags in the stands.

A Russian banner also appeared on Melbourne’s center court, Rod Laver Arena, during Russian Daniil Medvedev’s match against American Marcos Giron.

“It’s not fair what they’re doing,” said the 22-year-old Krutykh after his first-round loss to Argentine Diego Schwartzman.

“I think the guys who did it (display flags during the Koslova match) were Russians who live here, so they don’t care about what happens in my country,” said the young man, who was out of town when the war broke out. country and settled in Berlin.

“It may be ugly to say it, but if I want to go back to Ukraine, I can go back, but then I can’t leave because I’m 22 years old,” Krutykh explained, referring to the fact that he is of fighting age.

On the other hand, yesterday it became known that Russia and Belarus are off the list of countries that will broadcast the Olympic Games during the period between 2026 and 2032.

The International Olympic Committee (IOC) announced that it awarded all audiovisual rights in Europe until 2032 to the European Broadcasting Union and Warner Bros Discovery, which will broadcast in 49 countries and exclude Russia and Belarus, the Sputnik news agency reported.

This article is originally published on ambito.com

Continue Reading

Australia

Saudi women in Sydney: Sisters’ bodies lay undiscovered for a month

Australian police are baffled after the bodies of two Saudi women, believed to have lain undiscovered for a month, were found in a Sydney apartment.

Sisters Asra Abdullah Alsehli, 24, and Amaal Abdullah Alsehli, 23, were found dead on 7 June in separate beds at home in the suburb of Canterbury.

Police, who were called to the property for a welfare check, said the women are believed to have died in early May.

But despite “extensive inquiries”, they still do not know how or why.

The sisters moved to Australia from Saudi Arabia in 2017 and may have sought asylum, The Sydney Morning Herald reported. Police refused to confirm this, saying they do not comment on residential status.

A human rights organisation said it should be established whether the women fled Saudi Arabia because of domestic violence or harsh laws governing women. However, there is no evidence this is the case.

Police said they had been in contact with the women’s family, which is assisting them with inquiries.

Lina al-Hathloul, head of monitoring and communications at Saudi human rights organisation ALQST, said it “would not be the first case” of Saudi women who were killed abroad after fleeing domestic violence.

“There are no protections for women who are victims of domestic violence in Saudi Arabia, so they flee abroad,” she told the BBC.

She added: “I’m not saying that is the case here, just that we need a thorough investigation. It is frustrating not to have any information.”

According to the Sydney Morning Herald, there had been signs that something was wrong.

Last year, the women told their building manager they thought someone was tampering with their food deliveries, the paper reported.

A plumber who visited the apartment also said he believed there was “something mysterious” going on, and that police had been called in the past over concerns for the women.

New South Wales Police issued a renewed plea to the public on Wednesday, saying “any piece of information” could be the key to solving this case.

The local community is close-knit, police said in a statement, asking anyone who may have known or seen the women to come forward.

A report from Australian current affairs programme Four Corners in 2019 found 80 Saudi women had tried to seek asylum in Australia in recent years. Many of them were fleeing male guardianship laws.

 

Read from: https://www.bbc.com/news/world-australia-62331116

Continue Reading

Trending