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| | | ... help tackle the subprime mortgage problem fuelled investor optimism. The benchmark Hang Seng Index crossed the 24,000-mark for the first time, setting a new high at 24,089.00. It closed up 499.60 points to end at 23,984.14, rising 1,062.25 points from ... |
| | | | ... for the year. The Nasdaq Composite Index slumped 43.12 points, or 1.70 per cent, to 2,499.12, closing below the 2,500 mark for the first time since April 13. Industrial metals fell sharply overnight on the London Metal Exchange as persistent worries ... |
| | | | ... for the year. The Nasdaq Composite Index slumped 43.12 points, or 1.70 per cent, to 2,499.12, closing below the 2,500 mark for the first time since April 13. LONDON - Britain's FTSE 100 index fell 1.2 per cent as credit market fears returned to global ... |
| | | | An asset allocation expert from leading index manager Vanguard has put forward the case for a portfolio construction model that invests around 40 per cent in active strategies. In a whistlestop visit to Australia, Nelson Wicas, a US based principal ... |
| | | | ... 6,671.41. PARIS - The CAC-40 index closed up 76.79 points to 5,458.95. TOKYO - The Nikkei average moved over the 17,000 mark for the first time since March 13, fuelled by exporters advancing after the dollar rose by more than a yen. The Nikkei increased ... |
| | | | The time it takes to execute a trade is about to get 10 times faster and up to 90 per cent cheaper thanks to a new trading system from INSTINET, one of the largest brokers in the electronics market. Called INSTINET Chi-X, the product promises to set ... |
| | | | ... growing at about 30 per cent for years this is not seen as sustainable as world trade growth has been around the 7 per cent mark for some years. In 2006 China will produce about 420 million tonnes of steel which is about four times that of the second ... |
| | | | QSuper has hit the magic $20 billion mark for funds under management, putting on the last $5 billion in just the last 17 months. Just 17 months after the fund celebrated 15 years of operation and $15 billion in fund for its 450,000 members, QSuper executive ... |
| | | | ... two cents to $3.74. In the US, blue-chip stocks rallied overnight, with the Dow industrials briefly topping the 12,000 mark for the first time on the strength of better-than-expected earnings from major IT stocks. The Dow Jones industrial average climbed ... |
| | | | ... points to 5282.1. NEW YORK - US blue-chip stocks rallied on Wednesday, with the Dow industrials briefly topping the 12,000 mark for the first time on the strength of better-than-expected earnings from major IT stocks. The Dow Jones industrial average ... |
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