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| | | Resources are set to underperform, gold prices rally and Australian bonds outperform their US counterparts - these are a few of BlackRock's top 10 market predictions for 2009. According to David Hudson, head of investment strategy and asset allocation ... |
| | | | The Australian share market is likely to open flat on Monday with a slightly positive leads from Wall Street on Friday. Oil, precious metals and copper were higher, too. At 0713 AEDT on the Sydney Futures Exchange, the March SPI futures index was up ... |
| | | | Macquarie Bank continues to downsize its operations locally and overseas with more than 40 redundancies made in the bank's New York and London offices and at least 20 people cut from its Melbourne and Sydney branches. This week, Macquarie Bank has cut ... |
| | | | ... Australia chief executive. Davis said the figures were an "impressive result" given market conditions. Earlier this week, the bank dragged the FTSE down when it revealed a US$15 billion loss from its sub-prime exposure. Its US division, HSBC Finance ... |
| | | | ... 682.55 and the Nasdaq composite index dropped four per cent to 1,299.59. Australia's banks were mixed, with National Australia Bank adding 23 cents, or 1.4 per cent, to $17.00, Commonwealth Bank losing 69 cents, or 2.5 per cent, to $26.64, Westpac falling ... |
| | | | Super Safeguard, The FTSE Group - Australia and Trucost are the new members of the Responsible Investment Association of Australasia (RIAA). UBS Wealth Management financial adviser, Bernie Connolly; Fortuna Capital Partners consultant, Brookes McTavish ... |
| | | | ... US, Europe and Japan drowning. Another reason for last night's sell-off is heightened fears over Europe's future after the Bank of England (BoE) and the European Central Bank (ECB) each cut interest rates by 50 basis points to record lows of 0.5 per ... |
| | | | ... about whether the new monetary policy tack taken by Britain would work, how much it would cost and the ultimate price. The Bank of England announced plans to inject STG75 billion ($A163.43 billion) into the banking system by effectively creating money. ... |
| | | | Scottish fund manager Martin Currie couldn't have picked the worst time to set up an Australian base but that hasn't stopped them from winning $500 million in new mandates thanks to the track record of their global alpha strategy. In the middle of the ... |
| | | | ... gained $1.76, or 6.49 per cent, to $28.87, while rival Rio Tinto was up $2.62, or 6.03 per cent, at $46.09. National Australia Bank lost 26 cents to $16.94, Commonwealth Bank added eight cents to $27.35, Westpac added 30 cents to $16, and ANZ was up ... |
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