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| | | ... are the three month PM kerb close on the London Metal Exchange. NEW YORK - The Dow closed at a record on Tuesday, striking above the 14,000 mark during the day for the first time, and the Nasdaq rose to a six-and-a-half-year high on a cascade of stronger-than-expected ... |
| | | | The Australian dollar was higher at noon, holding firmly above the 87 US cent mark as demand for high yielding currencies continued to provide support, amid further US dollar weakness. At 1200 AEST, the Australian dollar was trading at $US0.8706/11 ... |
| | | | The resources boom and one-off gains from merger and acquisition activity underpinned the fourth consecutive year of above-20 per cent returns for the Australian Securities Exchange (ASX), with the market benchmark posting a heady 29.2 per cent, said ... |
| | | | ... penetration has been declining since 2002 when it peaked at 12 per cent, according to Rainmaker. Today it is only marginally above 10 per cent. Darroch said the biggest opportunity for the sector lay with advisers moving to a fee-for-service model, as ... |
| | | | ... 70 per cent is absorbed by the car industry and a surge in global demand combined with supply problems have driven prices above $3,267 a tonne. Car ownership is growing faster than bicycle ownership across Asia, and vehicle production, especially in ... |
| | | | ... 93.580. Overnight, the Institute of Supply Management's (ISM) non-manufacturing index rose one point to 60.7 for June, well above market expectations of a 57.5-point score, and its highest level since April, 2006, when it registered 61.1 per cent. The ... |
| | | | ... to 5.75 per cent their highest since April 2001 - but British inflation has still proved difficult to control, lingering above the bank's 2 per cent target for over a year. Central banks in most countries, with the exception of the United States and ... |
| | | | The Australian share market was higher at midday with resources and banks keeping the local bourse above water. At 1200 AEST, the benchmark S&P/ASX200 Index was up 41.7 points to 6240.3, while the all ordinaries was up 40.5 points to 6373.1. On the ... |
| | | | ... the same quarters last year. Add the estimated late surge and the Better Super impetus could be adding $16 billion over an above the growth we were expecting anyway." Rainmaker said this equates to another $300 million in fee revenue thanks simply to ... |
| | | | ... labour and equipment cost pressures. Meanwhile, mineral sands miner Iluka Resources claimed for every cent the dollar rises above US77c it loses $8 million revenue. All things considered, there's little surprise in the RBA announcement this morning that ... |
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