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Showing 151 - 160 of 298 results for "WIP"

Market Wrap - Midday

AAP  |  MONDAY, 4 JUN 2012
An estimated $23 billion has been wiped of the Australian share market as it fell further in intra-day trading. At noon the benchmark index remained below 4,000 points amid widespread selling on disappointing US and European economic news. At 1200 AEST ...

Market Wrap

AAP  |  MONDAY, 21 MAY 2012
The Australian market looks set to open lower following on from last week's falls across major bourses with investors concerned over the euro zone and sentiment rocked by a ratings downgrade for Greece and 16 Spanish banks. At 0850 AEST on Monday, the ...

Market Wrap

AAP  |  FRIDAY, 18 MAY 2012
Australian stocks have sunk to their lowest level this year as investors begin to panic over the crisis in Europe after reports of a run on Spanish banks. Europe's main stock markets tumbled and the euro hit a new four-month US dollar low as worries ...

That anxious wait

BENJAMIN ONG  |  THURSDAY, 17 MAY 2012
If you're in Victoria (Australia) and you watch television, chances are you've probably seen Quit Victoria's new anti-smoking ad. I don't know if this is shown in the other states but the ad shows a fretful young dad in a hospital waiting room waiting ...

JPMorgan execs to resign over US$2bn trading loss

MELANIE TIMBRELL  |  MONDAY, 14 MAY 2012
Three JPMorgan Chase executives will resign this week following a US$2bn trading loss of synthetic credit securities, according to reports out of New York. The Wall Street Journal has named Ina Drew, chief investment officer and head of the risk-management ...

The end is not nigh

BENJAMIN ONG  |  MONDAY, 14 MAY 2012
My, my, hey, hey, rock n' roll is here to stay - or in our case Europe's sovereign debt, fiscal deficit, financial, banking, economic, political and social crisis. You name the crisis. One or more members of the Eurozone's got one, or more, or all of ...

BTFG cash earnings down, FUM increases

MELANIE TIMBRELL  |  THURSDAY, 3 MAY 2012
BT Financial Group has reported first-half cash earnings of $294 million, down 19% on the previous half and 14% on the prior corresponding period. Chief executive Brad Cooper attributed the decline to one-off expenses and external market factors, including ...

Can't fix what's not broken, yet

BENJAMIN ONG  |  TUESDAY, 3 APR 2012
It's that time of the month again folks - the time when we try to second guess what the Reserve Bank of Australia will do to interest rates. Will they? Won't they? Cut interest rates, that is. They will, then again perhaps they won't. Yes, Virginia ...

A surplus in 2012/13, and then what?

BENJAMIN ONG  |  THURSDAY, 29 MAR 2012
"We are on track for surplus in 2012-13, on time, as promised..." These were the words spoken by Australian Federal Treasurer and Euromoney Magazine's "Finance Minister of the Year" (2011) Wayne Swan in May last year as he delivered the Australian Budget ...

Problem solved, not

BENJAMIN ONG  |  WEDNESDAY, 22 FEB 2012
Anti-climax? Selling on news, perhaps? Whatever it is, European equity markets and Wall Street looked like they weren't impressed by reports that the deal has been done. It's been signed, sealed, though yet to de delivered. To be sure, the Dow had a ...