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The Fed may have gone too far

BEN COLLINS  |  FRIDAY, 14 SEP 2012
While markets have reacted positively, there is a chance that the United States Federal Reserve has gone too far, Michael Power, Investec Asset Management strategist, told Financial Standard this morning. Despite Ben Bernanke saying that he will do ...

Market Wrap

AAP  |  THURSDAY, 13 SEP 2012
Australian stocks have opened weaker, with falls among mining and financial stocks leading the broader market lower. At 1030 AEST on Thursday, the benchmark S&P/ASX200 index was down 19.9 points, or 0.46 per cent, at 4,341.4 points, while the broader ...

Businesses in for tougher times: Debt collector

LINDA HAUSKEN  |  WEDNESDAY, 12 SEP 2012
Business conditions for Australian companies are much worse than currently being reported with tougher times ahead, warns debt collector Prushka. Prushka, one of Australia's largest debt collectors, has seen a worrying increase in the proportion of ...

Defensive investors may have traded risks

BEN COLLINS  |  WEDNESDAY, 12 SEP 2012
Australian investors may have traded equity risk for interest rate risk, by switching into cash, said Doug Turek, managing director, Professional Wealth. "When people jump from growth to defensive, they place their savings in the hands of central banks," ...

Market Wrap

AAP  |  WEDNESDAY, 12 SEP 2012
Australian shares have opened slightly higher as investors remain cautious ahead of a US Federal Reserve meeting and a German court decision on the eurozone debt rescue fund. At 1018 AEST on Thursday, the benchmark S&P/ASX200 index was up 10.5 points ...

Market wrap morning

AAP  |  WEDNESDAY, 12 SEP 2012
The Australian market looks set to open higher. At 0700 AEST on Wednesday, the September share price index futures contract was up 18 points at 4,342. In economic news on Wednesday, the Australian Bureau of Statistics is due to release the June quarter ...

Market wrap - afternoon

AAP  |  TUESDAY, 11 SEP 2012
Australian stocks had a lacklustre opening after falls on Wall Street and in Europe. At 1018 AEST on Tuesday, the benchmark S&P/ASX200 index was down 14.3 points, or 0.34 per cent, at 4,319 points, while the broader All Ordinaries index had fallen 14.6 ...

Time to stop the rot

BENJAMIN ONG  |  TUESDAY, 11 SEP 2012
Looks like some partygoers have gotten lost on their way to the party - Big Ben's party, that is. Less than 24 hours after Bloomberg Businessweek published this headline, "Fed Stuck at Zero Into 2015, QE Odds Reach 99%" yesterday, screens displaying ...

Market wrap - morning

AAP  |  TUESDAY, 11 SEP 2012
SYDNEY - The Australian market looks set to open lower after falls on Wall Street as investors wait to see if the Federal Reserve's policy meeting later in the week will lead to stimulatory measures. At 0749 AEST on Tuesday, the September share price ...

Market wrap

AAP  |  FRIDAY, 7 SEP 2012
SYDNEY - The Australian sharemarket looks set to open one per cent higher after the European Central Bank (ECB) announced measures to help tackle the region's sovereign debt crisis. At 0813 AEST on Friday, the September share price index futures contract ...