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Showing 10371 - 10380 of 10710 results for "May 2012"

Midday Market Wrap: Market boosted by healthy offshore gains

The Australian share market remained higher at noon, boosted by healthy gains on offshore markets overnight. At 1206 AEDT, the benchmark S&P/ASX 200 index was 13.9 points higher at 3216.9 while the all ordinaries index gained 12.5 points to 3229.9. ...

Business lending may not match home loan slump: KPMG

AAP  |  THURSDAY, 13 NOV 2003
Banks could struggle to make up for a slowdown in mortgage growth by increasing loans to businesses, according to financial services group KPMG. Australia's big banks have pinned their hopes on an upswing in business lending to counter a slowdown in ...

Latest OECD data indicates moderate to strong economic global growth

The latest Composite Leading Indicators (CPI) figures for the Organisation for Economic Cooperation and Development (OECD), a 30-nation organization of which Australia is a part of, has indicated that moderate to strong recovery lies ahead for the economies ...

Midday Market Wrap: Dollar maintains overnight gains

The Australian dollar was stronger at noon and maintained overnight gains in line with strong fundamentals. At 1200 AEDT the Australian dollar was trading at $US0.7155/60 compared with yesterday's close of 0.7117/22. It reached a high of $US0.7160 and ...

Afternoon market wrap: Shares, bonds close down

The Australian sharemarket closed weaker today as blue chip stocks continued to absorb last week's news of an official rate hike. The benchmark S&P/ASX 200 index ended down 18.4 points at 3230.1 while the all ordinaries index fell 17.4 points to 3248.1. ...

Navigator launches new "safety" fund for cautious investors

Navigator has announced the addition of a new fund designed to help shelter investors from the downside of turbulent markets. The Safety First Performance Fund is the first time that Navigator has added a capital protected fund to the range of funds ...

Midday market wrap: Shares, bonds both ease on stronger US data

The Australian share market opened in negative territory, following a fall in the United States market on Friday night. At early trade the benchmark S&P/ASX 200 index was 9.3 points weaker at 3239.2 while the all ordinaries index fell 7.6 points to ...

AMP share price opens lower after Cicutto comments

AMP's share price opened a further 15 cents lower this morning at $6.40, following National Australia Bank (NAB) chief Frank Cicutto's comments Friday criticising aspects of the proposed demerger. In a statement to the Australian Stock Exchange, Mr ...

Midday Market Wrap: Dollar driven down by strong US currency

The Australian dollar was weaker at noon, driven down by a stronger US dollar. At 1200 AEDT the Australian dollar was trading at $US0.7065/69 compared with yesterday's close of 0.7121/26. It reached a high of $US0.7074 and a low of $0.7053 in morning ...

Dollar looks set for more solid gains

The Reserve Bank of Australia's (RBA) uncanny record of buying foreign exchange low and selling high is likely to continue into the future as the central bank is expected to sell off more Australian dollars in the medium term. TD Securities chief strategist ...