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| | | The Australian share market was 0.6 per cent stronger just after noon, tracking gains on Wall St, after US investors bought financials in anticipation of yet another rate cut by the Fed. Higher commodity prices supported local mining and energy stocks. ... |
| | | | Christianna Wood, senior investment officer, global equity of US pension fund giant CalPERS, has jumped ship to take up the position of chief executive of hedge fund sponsor, Capital Z Asset Management. Wood will leave CalPERS in mid-February, and Eric ... |
| | | | How the mighty have fallen. From Merrill Lynch to JPMorgan Chase, the world's investment banking stalwarts have all shed blood from the US sub-prime scalping - but Australian fund managers are weathering the storm. Last week, Merrill Lynch reported ... |
| | | | The Australian dollar was weaker at noon as a slide which began overnight on the back of news of banking giant Citigroup's first ever quarterly loss continued through the local morning session. At 1200 AEDT, the Australian dollar was trading at $US0.8823/31 ... |
| | | | Asteron has partnered with Olicc Technologies to provide an insurance application tracking system that could potentially reduce overhead costs for financial planners. The partnership means planners are able to follow Asteron Lifeguard applications for ... |
| | | | The Australian stock market opened lower today unable to shrug off the continued decline of Wall Street and lower base metal prices, despite interest rates staying on hold. At 1012 AEDT, the benchmark S&P/ASX200 index was down 32.7 points at 6498.1 ... |
| | | | Insurance giant AIG Life has appointed Geoffrey Grace and Sarah Dobell to its insurance team to drive the company's customer service focus. Grace returns to AIG Life after spending five years managing life operations at AXA Asia Pacific. "It's my job ... |
| | | | The Australian sharemarket was higher at noon boosted by resources and following a lukewarm lead from Wall Street. At 1215 AEDT, the benchmark S&P/ASX200 index was 56.5 points higher, at 6501, while the All Ordinaries had gained 52.7 points to 6559.9. ... |
| | | | Australian shares have opened on the front foot from a strong Wall Street lead and renewed optimism in the local banks. US financial stocks rose after Federal Reserve Bank Vice-Chairman Donald Kohn reinforced expectations of another US interest rate ... |
| | | | European investment giant Pioneer Investments has appointed former MFS International senior exec Stephen Teoh to head of sales and distribution for Australia. Teoh will be based in Singapore and will report jointly to Angus Stening, chief executive ... |
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