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| | | Recent volatility in global financial markets is causing institutional investors to increase allocations to emerging market equities but there are risks involved, according to an emerging markets specialist. Global emerging markets fund management firm ... |
| | | | ... expected to remain strong ahead of local data. "For us, today, the focus will be trade data and also NAB (National Australia Bank) with their October business confidence and sentiment surveys," Mr Roberts said. "The surveys improved a little last month ... |
| | | | ... allow it to focus on growing Paragem Wholesale AFSL (PWA), "at a time when regulatory change is driving many advisers into bank owned networks despite consumer demand for independent advice". Netwealth meanwhile, was looking to expand further its adviser ... |
| | | | ... or $1.04, at $8.34 after the company said it was free to close the acquisition of the share owner services business of the Bank of New York Mellon. Also making news, explosives maker and mining services supplier Orica said it could offload its specialty ... |
| | | | ... danger of a widespread dislocation in global funding markets, in a rerun of October 2008. Risk aversion has intensified in bank funding markets in the euro area, where credit spreads have widened considerably, and it appeared to be broadening," said ... |
| | | | ... last week's eurozone rescue package. Investor confidence was also boosted by a surprise rate cut by the European Central Bank. Tokyo finished 1.86 per cent higher, or 160.98 points, at 8,801.40, Sydney jumped 2.62 per cent, or 109.3 points, to 4,281.1 ... |
| | | | ... will start the country's economic recovery. Global markets also rallied on news of an interest cut by the European Central Bank (ECB). At 1219 AEDT the benchmark S&P/ASX200 index was 95.1 points higher, or 2.28 per cent, at 4,266.9, while the broader ... |
| | | | ... Friday, the December share price index futures contract was up 88 points at 4,271. In economic news on Friday, the Reserve Bank of Australia releases its statement on monetary policy, In equities news, Rio Tinto chairman Jan du Plessis is to address ... |
| | | | ... everything's up in the air until the Greeks democratically decide on 4 December. Voluntary - or even involuntary - 50% haircut, bank recapitalisation, expanded EFSF (and Chinese funding)? No thanks, not until ordinary Greeks have made their choice. Ah ... |
| | | | The Australian share market at noon on Thursday had reversed direction to be lower as investors considered how the continuing Greek debt crisis might unfold. At 1200 AEDT, the benchmark S&P/ASX200 index was down 21.4 points, or 0.51 per cent, at 4,163.2 ... |
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