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| | | Been there, done that. More money poured and promised to be poured into the economic and financial systems have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these ... |
| | | | The Australian stock market was lower at noon on Friday, pulled back by weakness in the banking sector following a negative lead from United States markets overnight. At 1200 AEDT, the benchmark S&P/ASX200 index was off 51.2 points, or 1.48 per cent ... |
| | | | Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ... |
| | | | ING plans to axe 7,000 employees globally but its 2,400 Australian staff are expected to be spared the chop. ING released a statement yesterday that it intended to reduce its workforce by 7,000 positions in 2009 in a bid to cut costs and weather the ... |
| | | | The Australian share market was slightly higher at noon, buoyed by a modest recovery in the financials sector and following gains on Wall Street. At 1215 AEDT, the benchmark S&P/ASX200 index was firmer by 16.7 points or 0.49 per cent at 3459.5, while ... |
| | | | Melbourne-based Janus Capital Asia is staying true to its quantitative analysis investment strategies to win mandates this year. John Landau, head of Australian operations at Janus Capital, there's been "a lot of strong interest" across Janus and Enhanced ... |
| | | | The Australian stock market is likely to fall after US equities slumped more than three per cent on renewed concerns that problems in the banking industry aren't over. At 0830 AEDT on the Sydney Futures Exchange, the March Share Price Index futures ... |
| | | | The Australian share market remained in positive territory at noon supported by a stronger resources sector. At 1200 AEDT, the benchmark S&P/ASX200 index was up 33.3 points, or 0.94 per cent, at 3,562.8, and the broader All Ordinaries index had gained ... |
| | | | Anyone else caught the falling knife? Lower earnings forecasts quickly ended Wall Street's optimism over Santa Obama's promise of a 'single biggest investment' since the 1950s. Like I said in yesterday's commentary, for now this is simply rhetoric. ... |
| | | | The Australian sharemarket is expected to open in the red after US stocks fell overnight. At 0703 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 46 points at 3,650. In news today, the Reserve Bank of Australia ... |
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