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| | | One step forward, two steps back. Two steps forward, one step back. Buy. No, sell. Sell. Wait, wait, buy! Tough, ain't it Virginia? Tough-er if you're trying to put food on the table by making sense of the daily ups and downs and ups... and downs in ... |
| | | | ... Industries is due to post its first half results while and Telstra has scheduled an investor briefing. Meanwhile, Commonwealth Bank is to announce its strategy update. In Australia, the market on Wednesday closed higher in response to positive production ... |
| | | | ... negative gearing is squeezing out first home buyers and driving up housing unaffordability. Analysis by Rainmaker of Reserve Bank of Australia figures shows that investors make up 35% of loans for established housing, up from just 6% in 1986. Investor ... |
| | | | Citigroup shareholders in the US have voted against the bank's plan to pay chief executive Vikram Pandit US$15 million. The shareholder vote, mandated by the "say on pay" legislation under the Dodd-Frank Act, was taken at the firm's annual meeting in ... |
| | | | ... Wednesday, the Westpac-Melbourne Institute Leading Indexes of Economic Activity is due to be released. In equities news, the Bank of Queensland Bank of Queensland posted a $90.6 million first half loss, with the cost of bad loans weighing on the lender. ... |
| | | | The Australian dollar is three quarters of a US cent higher after a successful Spanish bond auction reduced fears of a fresh European debt crisis. At 0700 AEST on Wednesday, the currency was trading at 103.89 US cents, up from 103.14 cents on Tuesday ... |
| | | | ... cautioned investors to maintain portfolio diversity despite income expectations and the potential attractiveness of purchasing bank shares directly. "It's a question that comes up all the time - if you want income, why not just purchase the banks directly? ... |
| | | | Australia has experienced the biggest Asia Pacific slowdown in finance sector jobs in Q1, according to research from website eFinancial Careers. Recording a reduction of 19% in finance sector job opportunities from the previous quarter, Australia lead ... |
| | | | World economies have reacted to news the US has retained its hold of the presidency of the World Bank following a vote. The executive directors of the World Bank Group voted Dr. Jim Yong Kim as president for a five-year term beginning on July 1, 2012. ... |
| | | | ... $US1,651.70 per fine ounce, up $US9.25 from Monday's local close of $US1,642.45 per ounce. Still to come on Tuesday, the Reserve Bank of Australia (RBA) is due to release the minutes of its April board meeting at 1130 AEST. The central bank left the ... |
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