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| | | Whew! Finally a bit of good news. Or rather investors chose to see the good rather than the bad. US equities closed last night's trading up more than 1 per cent, reversing early losses brought on by reports that initial jobless benefit claims jumped ... |
| | | | The Australian share market was a sea of red at noon with the materials sector leading the losses after a negative US lead and reports that the economies of Australia's three most important export destinations are softening. At 1200 AEDT, the benchmark ... |
| | | | The Australian share market was over one per cent in the red at noon following a weak performance on Wall street and a decline in metals overnight. At 1200 AEST, the benchmark S&P/ASX200 index was 1.19 per cent, or 84.0 points lower, at 5435.0, while ... |
| | | | Financial advisers and investors must realise True Index funds are not immune to extreme market events, according to Scott Donald, Russell Investment Group director of fiduciary research. True Index funds aim to replicate an index by investing in an ... |
| | | | AXA Rosenberg plans to launch an emerging market fund in the Australian market in three months, tailored to suit a super fund's 'alpha needs'. Douglas Burton, managing director and head of investments in Australia and New Zealand at AXA Rosenberg, said ... |
| | | | Rage and accusations are now rearing their ugly heads as embattled councils attempt to recoup their losses from sub-prime backed CDO investments, but the crisis could spark a government rethink on how councils should invest their funds. Hugh McLernon ... |
| | | | Australian stocks have recovered considerably from yesterday's alarming global market slump, boosted by a surprise, emergency 75 basis points interest rate cut by the US Federal Reserve. Global investors braced themselves for another big day of losses ... |
| | | | Fears about the US economy plunging into recession have been overstated, overplayed, and blown out of proportion - but the outlook for 2008 still looks fairly benign, according to economists from Lehman Brothers. "There's a 60 per cent chance, in our ... |
| | | | The Aussie market today can expect more bruises, as it seems that no sooner do the bandages come off that the markets cop another battering from somewhere else. US stock markets were mauled again on Friday by more bad news, this time from a surprise ... |
| | | | Investors will be keeping an eye on the Chinese currency today following Beijing's announcement on Friday of another interest rate increase and a widening of its foreign exchange trading band against the US$. China's central bank also raised interest ... |
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