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| | | It's official folks...we now have a bear market -- a bear market in gold, that is. The yellow metal no longer shines Virginia. Gold's spot price closed at US$1484.07 an ounce. That's a 21.8% drop from its all-time closing high of US$1898.25 per ounce ... |
| | | | Equipsuper has appointed former Goldman Sachs chief investment officer and managing director Andrew Cooke as an independent member of its investment committee. Cooke has held senior roles with investment houses such as Citigroup, Salomon Smith Barney ... |
| | | | ... investment schemes operated by LM, the ASIC said. FTI Consulting and were appointed by LM directors on March 19, 2013, when the Gold Coast-based funds manager placed itself under administration.. ASIC can suspend or cancel an AFSL licence if an entity ... |
| | | | ... Billiton added 43 cents to $32.67 and Fortescue Metals added five cents to $3.62. However Rio Tinto fell 19 cents to $55.41. Gold stocks were also performing strongly at the open. Newcrest surged 40 cents to $19.20, while Oz Minerals was up fives cents ... |
| | | | ... performers, having risen 54 cents, or 1.7 per cent, to $32.29, while Rio Tinto had advanced 90 cents, or 1.65 per cent, to $55.50. Gold stocks were the best-performing sector at the open, rising 2.26 per cent. On a negative note, supermarket chain Woolworths ... |
| | | | ... "There is a lot of red on the screen," Mr Morrow said. "It is very hard to find too many stocks that are going up today." Gold stocks was the worst-performing sector at the open, having fallen 3.84 per cent. Newcrest Mining had fallen 63 cents, or 3.23 ... |
| | | | Global traders are rushing to buy gold as the eurozone crisis once again rears its ugly head. The number of traders betting on a rise in the price of the precious metal grew faster than at any point since the onset of the financial crisis, according ... |
| | | | ... Financial Group "We would like to thank everyone involved in making the night a success - the FICAP committee, our platinum and gold sponsors, and all those who donated prizes and of course our RockStars and their supporters who were there last night." ... |
| | | | ... Trent McArdle BT Financial Group - Gordon McNaught Perpetual - Theresa Le Challenger - Nathan Buckley Representing FICAP's gold sponsors: AMP Capital - Jose Clauna Colonial First State - Nevin Ramos Count - Chris Mekhail Fidelity - Dinah Sutton Macquarie ... |
| | | | AMP Capital has appointed a new portfolio manager to its Asian equities desk in Hong Kong. Andy Peng will analyse the telecoms, utilities and healthcare sectors for the Pan Asia portfolio as well as consumer discretionary for the Asia ex-Greater China ... |
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