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| | | Why bring a rocket launcher to a fight when a BB gun would suffice. This must be what European Central Bank President Jean-Claude Trichet last night when he announced only "small" measures to battle ongoing financial market tension in the Eurozone. ... |
| | | | ... futures contract was 45 points higher at 4,736. In economics news on Friday, the Australian Industry Group and Commonwealth Bank release their Australian Performance of Services Index (Australian PSI) for November, and the Federal Chamber of Automotive ... |
| | | | ... buoyed by better than expected manufacturing data out of China, positive comments from the president of the European Central Bank and strong private sector employment data in the United States. "They're the three flashpoints of the world economy," he ... |
| | | | ... PMIs for India, South Korea and Taiwan also showed manufacturing expanding in these countries. Two: The European Central Bank would do what it takes to preserve the euro-bloc - even if it has to go back on its commitment to withdraw "exceptional" stimulus ... |
| | | | Queensland-based boutique manager Dalton Nicol Reid has won a $40 million mandate from an endowment fund and plans to target major platforms and dealer groups next year as part of its growth strategy. Harley Dalton, director at DNR, said the $40 million ... |
| | | | ... liquidity. The US is doing the opposite, and Europe remains another variable" he said. "And here in Australia we have a central bank that is concerned about inflation and raising interest rates" he said. Despite these challenges, Barnes said the he's ... |
| | | | ... cash on a fully secured basis. The move is instrumental to a securities lending transaction between UBS and State Street Bank and Trust and allows loans to be fully collateralised to lender specification and held by a collateral agent. UBS will provide ... |
| | | | ... Office of Financial Management conducts a tender process for the issue of $500 million of April 2020 bonds, and the Reserve Bank of Australia releases its index of commodity prices for November. In equities news, OrotonGroup Ltd and TPG Telecom Ltd hold ... |
| | | | ... The figure is nearly 15 times the level at the start of the Asian financial crisis in 1997. According to Asian Development Bank figures, the total outstanding Asian issuance (ex-Japan) continued to grow to over US$5.5 trillion as at the end of the first ... |
| | | | The Australian share market was lower at noon as investors remain cautious over concerns about the sovereign debt of several European countries. At 1200 AEDT, the benchmark S&P/ASX200 index was down 25.4 points, or 0.55 per cent, at 4,593.1, after opening ... |
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