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| | | ... but Rio Tinto adding eight cents to $51.87. On Wall Street, the Dow Jones Industrial Average rose 0.77 per cent to close above 15,000 points for the first time since June 19, following a drop in jobless claims and a big increase in pending home sales. ... |
| | | | ... not hastily end its stimulus program. The Dow Jones Industrial Average rose 114.35 (0.77 per cent) to 15,024.49, closing above 15,000 for the first time since June 19. The broad-based S&P 500 added 9.94 points (0.62 per cent) to 1,613.20, while the tech-rich ... |
| | | | ... financial system. NEW YORK - US stocks ended the day decisively lower on concerns about the Chinese economy but rallied well above their intraday lows as US Treasury yields retreated. At the closing bell on Monday, the Dow Jones Industrial Average sank ... |
| | | | ... Platinum's annual management fee was higher than many of its peers, but said that super fund investors who chased lower fees above all else were unlikely to get the best outcome for their members. He added that in some cases, investors get what they ... |
| | | | ... make material profits from management fees, therefore we need to swing only when the great opportunities arise and create above-market performance," Schuberg explained. "Rivkin has always been an ambassador for the DIY direct investor; however, it is ... |
| | | | ... that "We've got a perfect storm at the moment," and its chief economist Alan Oster predicting the unemployment rate to rise above 6% by the end of the year. Reports noted that this is higher than the peak 5.8% reached (in 2009) during the global financial ... |
| | | | ... US dollar lower against the yen. Tokyo ended up 2.05 per cent, or 271.94 points, at 13,533.76 as the US dollar moved back above Y100 after falling below the key level on Monday. Seoul was almost unchanged, edging down 0.06 points to close at 1,989.5 ... |
| | | | Venture capital accounts for only a tiny portion of Australia's investment market but contributes well above its weight to the economy, according to a report just released by the Australian Private Equity and Venture Capital Association. The report ... |
| | | | ... letter to fund members. CSC said they expected average returns for the fund over the next decade each year will be 3.5% above inflation. Part of doing this is building up the risk reserve to $52 million of 0.4% of fund assets. "This will result in a ... |
| | | | ... risks". So was Big Ben's prepared-earlier, written testimony before the Joint Economics Committee: "With unemployment well above normal levels and inflation subdued, fostering our congressionally mandated objectives of maximum employment and price stability ... |
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