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| | | Twisted! This was Wall Street's reaction to the US Federal Reserve's remake of the 1961 version of US President John F. Kennedy and the then Fed's attempt to salvage America. The major US equity indices fell big time - the Dow closed 2.5% off, the S&P ... |
| | | | The Australian market looks set to open lower after Wall Street fell almost 2.5 per cent overnight. At 0654 AEST on Thursday, the December share price index futures contract was down 95 points at 3,990. In economics news, the Reserve Bank of Australia ... |
| | | | The Australian share market gave up early gains to be slightly lower at noon, with falls by the big four banks overshadowing gains in other sectors. After opening about 20 points higher, the market drifted back into negative territory and at 1200 AEST ... |
| | | | Australian shares were slightly down at noon, extending losses in early trade, with cautious investors buying into typically defensive sectors ahead of a highly anticipated meeting of the US Federal Reserve. After opening less than half a per cent lower ... |
| | | | nabInvest has continued its acquisitive streak by turning its attention to a Sydney based start-up, acquiring a non-controlling stake in quantitative based equities specialist Redpoint Investment Management. National Australia Bank's direct asset management ... |
| | | | ASIC has permanently banned a former Citibank manager from providing financial services after an investigation found she conducted over 30 transactions without client authorisation. Victoria Cai, of Beverly Hills, New South Wales, was employed as a ... |
| | | | Jane Perry, JP Morgan's head of Worldwide Securities Services, Australia & New Zealand, will leave the firm this year to pursue new opportunities in the local market. Her replacement has already been appointed. Perry has been in the role since November ... |
| | | | Australian shares fell by around 1.6 per cent at noon, extending losses from the open as investors remain uncertain about the eurozone debt crisis. By 1200 AEST, the benchmark S&P/ASX200 index was down 65.5 points, or 1.6 per cent, at 4,083.9, while ... |
| | | | In a study of long-only Australian equity funds, Standard & Poor's found the duration a portfolio manager remains with a fund manager is influential on the success of the fund itself, with consistent returns being a main benefit. In its report 'Portfolio ... |
| | | | Australian shares extended their early gains at noon, with the market almost two per cent higher as investors become optimistic that European leaders are approaching a resolution of the Eurozone debt crisis. The market opened 1.5 per cent higher after ... |
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