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| | | The Australian dollar was almost a US cent lower at noon, after minutes from the central bank's April board meeting confirmed that it was in no hurry to raise rates. At 1200 (AEST) on Tuesday, the local unit was trading at 104.63 US cents, down from ... |
| | | | "When I find myself in times of trouble... Let it be, let it be, let it be, let it be. Whisper words of wisdom, let it be." - The Beatles Nice song, sound advice but not, it seems, if the French can help it. The International Monetary and Financial ... |
| | | | Another day, another sleepy trading day on Wall Street. Both the S&P 500 and the Dow closed an itsy-bitsy-teeny-weeny 0.1 per cent. There wasn't much news to move sentiment either way. Oh yes, there were the same old, same old issues masquerading as ... |
| | | | Superannuation funds could help solve Australia's underinsurance problem if they communicated more with members, AIA Australia's chief executive told the 2011 Life Insurance Conference in Sydney this week. Damien Green, head of the Australian arm of ... |
| | | | The ASX is left to seek other growth options after Treasurer Wayne Swan said that merging with the Singapore Stock Exchange (SGX) is against the interest of Australia and should be rejected. The Foreign Investment Review Board notified the SGX of Swan's ... |
| | | | Fund manager AllianceBernstein LP will shift its focus towards the retail market following its acquisition of AXA Asia Pacific Holding's 50 per cent share in their Australian joint venture. AllianceBernstein will pay AXA a price "in the millions of ... |
| | | | Overseas fund managers keen to expand their Australian presence are turning to the local investment expertise of global custody provider Northern Trust. "We have received great interest from European and US global asset managers chasing super dollars ... |
| | | | "I get knocked down But I get up again You're never going to keep me down..." - "I Get Knocked Down", Chumbawamba Well, well, what do you know Deuce Bigalow? The biggest drop in the equity markets so far this year now looks like one nice dip buying ... |
| | | | Fund managers remain cautiously optimistic for global growth despite the dramatic fall in global share prices sparked by the threat of nuclear catastrophe in Japan. A huge market sell off occurred yesterday afternoon when another explosion hit a Fukishima ... |
| | | | A superannuation fund which invested $300 million in the catastrophe bond sector last year has said it does not expect any direct losses from the Japan earthquake tragedy. Paul Gregory, head of communications for New Zealand Superannuation Fund, said ... |
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