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Showing 2491 - 2500 of 2958 results for "August 27"

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

AustralianSuper sticks with securities lending

ALEX DUNNIN  |  TUESDAY, 2 SEP 2008
AustralianSuper has reviewed its securities lending protocols and decided to continue the practice. "AustralianSuper, similar to most super funds, employs a range of short and long-selling strategies in order to maximise investment returns to members," ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
... indexes, the Beige Book, unit labour costs and payrolls. The ISM manufacturing index is expected to remain balanced at 50 in August -- the delineation line between growth and contraction. The ISM non-manufacturing survey is also expected to remain steady ...

Market Wrap - Morning

AAP  |  MONDAY, 1 SEP 2008
The Australian stock market has received negative leads from Wall Street on Friday, although in a special trading session on in New York yesterday, oil rose again in anticipation of Hurricane Gustav making landfall in the continental US. At 0751 AEST ...

A$ backpedals

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2008
The Australian dollar is fast becoming the victim of the worsening global growth outlook. The A$ fell by 1.6 per cent against the US dollar to around US$0.8550 and by 1.7 per cent vis-a-vis the yen to about Y93.50. Reports that the International Monetary ...

Challenger FM down, CEO says goodbye

RUTH LIEW  |  MONDAY, 25 AUG 2008
Challenger Financial Services Group chief executive Mike Tilley is stepping down just as the group announced today that its funds under management dropped 19 per cent in the last financial year. According to a statement on the Australian Securities ...

Capex & Credit at the forefront

BENJAMIN ONG  |  SUNDAY, 24 AUG 2008
This Week's Market Movers (25 - 29 Aug 2008) Last week's economic releases continued the common theme of global weakness and elevated inflation. Financial market activity were once again volatile as thin trading volumes exaggerated downward moves in ...

Dovish RBA minutes

BENJAMIN ONG  |  FRIDAY, 22 AUG 2008
As expected, the minutes of the Reserve Bank of Australia's monetary policy meeting held on 5 August reiterated earlier RBA comments suggesting that there is scope to lower interest rates given the slowdown in demand in the Australian economy. As with ...

Plan B bears market pain

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2008
Boutique wealth manager Plan B's full year results were not as stellar as the numbers in the half year although the company still managed to meet its earnings target and dish out higher-than-planned dividends for shareholders. Six months ago, Plan B ...

Lower, higher, steady

BENJAMIN ONG  |  THURSDAY, 21 AUG 2008
The latest reading from the Westpac/Melbourne Institute leading index points to a slowdown in the Australian economy in the coming months, confirming the Reserve Bank of Australia's (RBA) comments in the minutes of its 5 August Board meeting. The annual ...