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| | | The Australian dollar dropped more than two US cents overnight as fears rise over the US economy and the European sovereign debt crisis deepens. US stocks also fell, down more than four per cent and European stocks fell over three per cent At 0700 (AEST) ... |
| | | | Australian shares were slightly higher at noon as they made up some of the ground lost on Wednesday, buoyed by a positive session on Wall Street. At 1200 AEST on Thursday, the benchmark S&P/ASX200 index was up 1.1 points, or 0.03 per cent, at 4,333.9 ... |
| | | | Funeral provider Invocare could provide a good non-cyclical stock to hold in a falling market, a CMC Markets analyst has said, while financial advisers faced with worried clients have been told to get back to basics. Australian stocks have been in rapid ... |
| | | | The Australian market faces brighter prospects on Thursday, after Wall Street staged a modest rally overnight despite more disappointing data and continuing fears over debt in Europe. At 0643 AEST on the ASX 24, the June share price index futures contract ... |
| | | | It could have easily been another down day on Wall Street overnight - but it wasn't. The Street's three major equity indices finished above the zero line while we slept, despite more stats giving credence to 'the US is heading for another recession' ... |
| | | | Australian shares opened almost two per cent lower following a horror session on Wall Street, amid fears that the US may be slipping back into recession. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was down 83.3 points, or 1.88 per cent ... |
| | | | Diversified financial group IOOF has appointed MLC star platform manager Chris Weldon to head its platform products division as it moves to expand its presence in the financial advisory market. Weldon started work yesterday as the new head of platform ... |
| | | | A misunderstanding of Latin American financial markets and smart positioning in the face of US and European debt crisis sees Latin America shape up to an attractive investment outlook. Generally regarded for its dependency on exports, Brazil in particular ... |
| | | | "So when you're near me, darling can't you hear me S. O. S. The love you gave me, nothing else can save me S. O. S. When you're gone How can I even try to go on? When you're gone Though I try how can I carry on?" - ABBA Now you believe me? The US bond ... |
| | | | Towers Watson has so far been a net beneficiary from the spate of superannuation fund mergers, while acknowledging that consolidation presents the biggest single threat to the changing world of asset consulting. The firm, itself a product of a merger ... |
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