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| | | ... mistake". On 31 August, the property group received a final report on the forensic investigation conducted by Deloitte Touche Tohmatsu regarding the alleged $1 million payment to Veritate after Sunsuper invested $100 million in Trinity Property Trust. ... |
| | | | One for the bears. The pendulum has swung in favour of the 'dead cat bounce' camp as Wall Street clocked its third consecutive day of losses. The S&P 500 fell by 2.7 per cent overnight, taking its total losses over the past three trading sessions to ... |
| | | | ... plan to restructure some of its debt. In an ASX statement released this morning, Babcock & Brown has appointed Deloitte Touche Tohmatsu as voluntary administrators after the company failed to pass a special resolution to restructure the terms of its ... |
| | | | The RBA giveth and the RBA giveth again. Who would have thought that after two weeks of bad economic news here and abroad, the Reserve Bank of Australia would still have the nerve to say, 'she'll be right mate.' For this is exactly what the Australian ... |
| | | | The Australian share market has received strongly negative leads from overseas, as US markets hit 12-year lows amid worsening concerns about financial companies and the economy. A further bailout of US insurer American International Group, which also ... |
| | | | The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ... |
| | | | The Australian sharemarket was lower at noon amid thin trading as investors sit on the sidelines until the release of key US economic data tonight. At 1200 AEDT, the benchmark S&P/ASX200 index fell 71.7 points, or 1.98 per cent, to 3,526.8, while the ... |
| | | | 'Be careful what you wish for.' If there is only one thing Reserve Bank of Australia (RBA) Governor Glenn Stevens will be remembered by, it could be his rational warning to Australians. In a speech before a function sponsored by the Committee for Economic ... |
| | | | Now it's the Japanese yen's turn. The current financial crisis that started in the US sub-prime sector and had been strangling the stock and money markets is now morphing into an exchange rate problem. Increased risk aversion and the unwinding of yen ... |
| | | | The Australian stock market may trade weaker today after Wall Street dropped by around two and a half per cent overnight. Oil fell commensurately, and gold, silver and copper too were lower. At 0738 AEST, the Sydney Futures Exchange's September Share ... |
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