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| | | The US cut in interest rates to just 4.25 per cent pushes the differential against Aussie rates to a near record high of 250 basis points and signals more turbulence for the AUD and jittery world share markets. The third US rate cut this year continues ... |
| | | | The Australian share market is receiving mixed leads this morning, with positive guidance from Wall Street and base metals, but Sydney Futures slightly down. At 0707 AEDT on the Sydney Futures Exchange, the December share price index was DOWN 7 points ... |
| | | | High oil prices and a shrinking US dollar signal an economic perfect storm looming on the horizon, warns the International Monetary Fund (IMF). Simon Johnson, IMF chief economist told ABC TV's Business Lateline program last night that the credit crisis ... |
| | | | ... investment styles. "Historically, when many quantitative factors fail you concurrently, what you find is that in fact, that is a signal that you are about to encounter a style change in the environment." He added that valuations of growth versus value ... |
| | | | Brisbane based financial services provider, KNM Services has appointed Marty Carne to executive director of its wealth division, signalling the company's expansion into the wealth management sector. Carne has previously held executive positions at Wesfarmers ... |
| | | | ... eased somewhat, fueling broad gains for stocks. By Thursday, however, investors were honing in on the US central bank's signal that more rate reductions were far from a sure bet. Financial stocks fell the hardest, with American International Group sliding ... |
| | | | The Australian stock market is expected to open higher following a strong performance on Wall Street overnight, higher prices in base metals and in precious metals, and a new record high for oil in New York. At 0750 AEDT on the Sydney Futures Exchange ... |
| | | | ... September quarter and consensus among business economists is that this result in the underlying inflation rate will be a clear signal for a November rate rise. The CPI figure released this morning rose 1.0 per cent, equating to a rise of 3.1 per cent ... |
| | | | Listed fund manager Perpetual has restructured its wealth and asset management divisions moulding them into five new units in line with the growing importance of the group's private client business. The five new business units are Australian equities ... |
| | | | ... Temp jobs have been falling since the start of this year and further declined by 13,000. Economists believe these numbers signal that the credit crunch and housing recession have clearly spilled over into the broader US economy. In a speech in Washington ... |
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