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| | | What a drama 'ey? You know what I'm talking about. The drama that is the 'off-again-on-again' deal on the US debt ceiling and the 'it'll be bailed, no it won't' Greek tragedy. Yes, those ones. The ones that sent risk assets up, then down, then up again ... |
| | | | The Australian share market was higher at noon, buoyed by a strong lead from Wall St and a new deal in Europe to manage the sovereign debt issue. At 1200 AEST on Friday, the benchmark S&P/ASX200 index was up 37.9 points, or 0.83 per cent, at 4,593.9 ... |
| | | | Most of you would have noticed lately that financial markets have been playing the "deal or no deal" game. Investors "boo" every time either the US or Europe says 'no deal' and they applause, clap their hands and stomp their feet when either one shouts ... |
| | | | Telstra Super has made a debt and equity investment in a joint venture property deal with Aspen Group for the development of the Australian Tax Office building in Adelaide. Telstra paid $34 million for a 50% interest in the development with Aspen holding ... |
| | | | The Australian dollar gained slightly after it emerged that France and Germany may have reached agreement over how to resolve the Greek debt crisis, ahead of a crucial 17-country summit. At 1200 AEST on Thursday, the Australian dollar was trading at ... |
| | | | The twisting and shouting we witnessed on Wall Street the previous day - with most other financial markets singing "joy to the world" - died down overnight. To be sure, the DJ's didn't turned off the music - they just changed the tune from hip hop ... |
| | | | Lirim Emini and Anthony Blumberg, the former directors of Opes Prime Stockbroking (OPSL), pleaded guilty to charges related to the collapse of the company in 2008, which left around $630 million owed to creditors. Facing charges brought by ASIC in front ... |
| | | | PIMCO's Australian bond fund has outperformed Australian shares over the past ten years and actively managed income funds are being tipped to add more value still. Lonsec's 2011 income funds sector review found that the shift towards index funds and ... |
| | | | Tower Australia has upgraded its technology and underwriting processes based on risk adviser feedback, including broader trade income protection terms. Brett Clark, chief executive of Retail Life, Tower, said the insurer spoke to risk advisers for feedback ... |
| | | | Investment banking group Macquarie may cut staffing levels due to an expected fall in revenue as their shares slumped to two-year lows. As news rolled round the globe of the expected job cuts today, Macquarie Group shares slumped a further 1.61% to ... |
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