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Showing 1271 - 1280 of 2720 results for "PIC"

RBA minutes lift stock market

AAP  |  TUESDAY, 19 MAY 2015
The Australian stock market has picked up after a poor start and is relatively flat, after the Reserve Bank signalled that it remains open to further cuts to interest rates. OptionsXpress market analyst Ben Le Brun said the local bourse had swung upwards ...

Lazard lowers minimum investments on four funds

DARREN SNYDER  |  MONDAY, 18 MAY 2015
The minimum investment in four Lazard Asset Management funds has dropped by $80,000 in a bid to attract self-managed super fund investors. Lazard's Australian Equity Fund; Select Australian Equity Fund; Australian Diversified Income Fund; and Global ...

Damned lies and (actual) stats

BENJAMIN ONG  |  MONDAY, 18 MAY 2015
"If you repeat a lie often enough, people will believe it, and you will even come to believe it yourself." -Paul Joseph Goebbels It may not be as sinister as what Adolf Hitler's propaganda minister intended it to be but the Bank of Japan (BOJ) continues ...

Market Wrap AM

AAP  |  MONDAY, 18 MAY 2015
The Australian market looks set for a fairly flat open to the week after a weak lead from Wall Street on Friday. The June share price index futures contract was up two points at 5,749. On Friday, the S&P 500 in the US edged higher to a new record in ...

Market Wrap AM

AAP  |  FRIDAY, 15 MAY 2015
The Australian stock market looks set to open higher, following strong gains on Wall Street. At 0653 AEST on Friday, the June share price index futures contract was up 39 points at 5,726. The S&P 500 in the US rose to a fresh record close, led by strong ...

Market Wrap PM

AAP  |  TUESDAY, 12 MAY 2015
The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have seen iron ore ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
Goldman Sachs has been ordered to pay US$80 million, plus around US$20 million in interest, to National Australia Bank for breaking rules related to the sale of mortgage-linked securities before the financial crisis. The US Financial Industry Regulatory ...

Former Mercer partner joins Cooper Investors

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
Melbourne-based Cooper Investors has confirmed that Steve Schubert joined the company in April as chief operating officer. Cooper Investors managing director, Peter Cooper, said the appointment of Schubert "is the final link in creating a long term ...

Market Wrap PM

AAP  |  MONDAY, 11 MAY 2015
The Australian stock market has bounced back from last week's losses as news of further economic stimulus in China helps lift commodity prices. CMC Markets chief market strategist Michael McCarthy said the market was around half a per cent higher, with ...

Falling rates turn Aussie bonds into "a poor choice"

LAURA MILLAN  |  MONDAY, 11 MAY 2015
Currency risk makes Australian government bonds "a relatively poor choice" for international investors despite their stellar AAA rating, according to Nikko Asset Management head of fixed income in Australia James Alexander. Alexander explained that ...