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Showing 1331 - 1340 of 1955 results for "Default"

Market Wrap - Morning

AAP  |  TUESDAY, 7 FEB 2012
... Monetary Fund. However, as one deadline after another is missed, some traders are preparing for the worst - a disorderly debt default that could send shockwaves round the global economy. The leaders of the parties backing Greece's coalition government ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 FEB 2012
... deal between Greece and its creditors. The eurozone nation is attempting to negotiate a lower rate of interest to avoid a default on its debt. "The talk is that a deal is very close so we could see some movement (of the Australian dollar). "But the market ...

Market Wrap

AAP  |  WEDNESDAY, 25 JAN 2012
... Australian shares climb after market-beating results from Apple helped bourses shrug off growing concerns that Greece may default on its debt. European and Wall Street fell overnight after eurozone officials rejected a final offer from the Greece's private ...

SuperStream compliance poses threat to funds

ELISE BURGESS  |  WEDNESDAY, 25 JAN 2012
... with the impending issues coming their way as SuperStream comes into effect, the head of Towers Watson has warned, with default member definitions under MySuper also posing concerns. Since January 1, under SuperStream, it has been possible to use Tax ...

Target setting works for super funds

ELISE BURGESS  |  TUESDAY, 24 JAN 2012
... from bond fund manager PIMCO, which assessed strategies used by not for profit defined benefit and defined contribution default fund options. The research paper, Defined Contribution Funds: Target setting can pay off, rated the potential benefits for ...

Happy days

BENJAMIN ONG  |  TUESDAY, 24 JAN 2012
... Embargo, early 1990's recession and US Savings & Loan Crisis, late 1990's Asian Financial Crisis/LTCM bankruptcy/Russian debt default, 2000 dotcom bubble burst, September 2001 terrorist attacks on the US, 2008 GFC. These are but a few known "we're doomed" ...

Default super inquiry receives positive response

CLAIRE MCGREAL  |  MONDAY, 23 JAN 2012
The government inquiry into the selection and ongoing assessment of default super funds has been broadly welcomed within the industry. Financial Services Minister Bill Shorten revealed on Friday that the Productivity Commission inquiry would start early ...

So far so good

BENJAMIN ONG  |  MONDAY, 23 JAN 2012
... and Italy are up 5.1% and 3.6%, respectively. But what takes the cake is Greece - the country that is on the verge of default, the country that is not only in recession but in a deep one -- its Athex Composite Index is up (yes up) by 4.1% so far this ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 JAN 2012
... country's crushing debt burden. The fear is that the talks fail and Greece won't be able to service its debts and be forced to default, potentially triggering more turmoil in global markets. In Europe, the CAC-40 in France closed down 0.2 per cent at ...

Get up and go on board

BENJAMIN ONG  |  WEDNESDAY, 18 JAN 2012
... much or more than in 2008-09." And also last night, Fitch declared that Greece is insolvent and expects the country to default soon, very, very soon. However, looking at the past few days of trading, it appears that financial markets have become inured ...