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Showing 2821 - 2830 of 6251 results for "December 29"

Another 6-9 months under Downunder

BENJAMIN ONG  |  THURSDAY, 18 FEB 2016
... 97.25 in 1975. The six-month deviation from the trend growth rate widened to minus 1.24% last month from minus 1.0% in December -- "the largest negative deviation since the second half of 2011" (WBC). According to WBC, "The Index has now been growing ...

ANZ cash profit up, net down

ALEX BURKE  |  WEDNESDAY, 17 FEB 2016
ANZ has announced an unaudited cash profit of $1.85 billion in the three months to 31 December 2015, up 4% on the prior corresponding period. Statutory net profit was $1.6 billion, down slightly from the $1.65 billion reported for the December 2014 ...

ETF revenue doubling every 18 months

JOHN DYALL  |  WEDNESDAY, 17 FEB 2016
It is well known that the Exchanged Traded Fund (ETF) market is continuing to power ahead with enviable inflows every month. Even more impressive is that this has been achieved against a backdrop of negative market returns. One of the attractions of ...

"More focused" NAB lifts profit

MARK SMITH  |  TUESDAY, 16 FEB 2016
An 8% rise in quarterly cash earnings saw National Australia Bank (NAB) post cash profit to $1.5 billion for the December quarter. Total cash earnings for the period stood at $1.7 billion owing to increased margins and a halving of bad debts. "Our performance ...

Life insurance profits leap 31pct

MARK SMITH  |  TUESDAY, 16 FEB 2016
Life insurance net profits have jumped 30.9% to $3.2 billion in the 12 months to December 2015, according to the latest figures released by the Australian Prudential Regulation Authority (APRA). Non-investment linked businesses contributed $2.3 billion ...

More negatives

BENJAMIN ONG  |  TUESDAY, 16 FEB 2016
The Japanese economy shrinks, the Japanese sharemarket sings hallelujah! If this still doesn't capture the "bad news is good news" meme, we might never, never know what will. The Nikkei-225 index soared by 7.2% at the end of yesterday's trade. It even ...

SMSFs sell-down ASX favourites for global stocks

MARK SMITH  |  MONDAY, 15 FEB 2016
SMSF trustees are reducing their exposure to the largest Australian companies and increasing investments in international equities through managed funds, according to the latest Multiport SMSF Investment Patterns Survey. In the December 2015 quarter ...

Gold starts to glisten (like 2008?)

BENJAMIN ONG  |  MONDAY, 15 FEB 2016
Perhaps they're right. Yes, them, the experts who see the current global economic and financial backdrop shaping up to be a repeat of 2008. Early in the New Year George Soros made headlines with the CNBC headline: "Soros: It's the 2008 crisis all over ...

Henderson reports record inflows

DARREN SNYDER  |  FRIDAY, 12 FEB 2016
Global asset manager Henderson Group has flagged three Australian acquisitions and the launch a new fund in the country as part of a successful 2015 that saw record net inflows and underlying profits. The firm reported its full year results to the Australian ...

Who can dig a deeper hole?

BENJAMIN ONG  |  FRIDAY, 12 FEB 2016
... Riskbank quickly followed suit and the ECB has taken its deposit facility rate deeper into negative (minus 0.30%) only last December - and could take it down some more next month (promise). Starting 16 February this year (next week), the BOJ's own negative ...