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| | | The Australian share market had clawed back some losses at noon after Standard and Poor's downgraded the United States credit rating for the first time in history over the weekend. After plunging four per cent on Friday, the local bourse was down more ... |
| | | | The Australian share market dropped sharply on the open as nervous investors reacted to Standard & Poor's historic weekend downgrade of US sovereign credit. At time of writing the All Ordinaries Index had fallen 66.1 points or 1.59% to 4103.6 while ... |
| | | | Colonial First State Global Asset Management has appointed a new senior analyst to its Global Resources team to focus on the growing soft commodities sector. Mario Maia joins CFSGAM from Merrill Lynch where he covered chemicals, paper and packaging ... |
| | | | Friday's 4% stock market fall, which caused more than $20 billion to be wiped from superannuation account balances, further exposed Australia's over reliance on equities in retirement, said Jeremy Cooper, Challenger's chairman, retirement incomes. Superannuation ... |
| | | | The Federal Government has made its first move in the race to fiscally manage the ageing population, with the release of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation ... |
| | | | Australian stocks are tipped to be pushed into the red again today after America's credit rating was downgraded for the first time in its history over the weekend. Hopes for a bounce on the Australian share market after a horror Friday appear to have ... |
| | | | Uh-oh, we're in trouble now - really big trouble -- or so they say. No use pretending not to know what I'm talking about, it's splattered all over the weekend news. S&P has dropped one A from the USA's AAA. I must admit, I too didn't know what to think ... |
| | | | ... share price index futures contract was 169 points lower at 4,073 points, with 41,444 contracts traded. CMC Markets analyst Ben Le Brun said the market was being savaged on fears the US economy was sliding towards recession, while Europe's debt problems ... |
| | | | The impending loss of trailing commissions for managed funds has made listed investment companies more attractive by leveling the playing field, an industry insider said yesterday. John Robinson, chairman of Global Mining Investments (GMI), a listed ... |
| | | | Yeouch! You can hear this cry from New York to Rio and old London town as financial markets received a battering. Somebody must have forgotten to tell the markets it's only August and not October. Equity markets, commodity markets and bond yields (bond ... |
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