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| | | Australian stocks were lower at noon after a strong negative lead from Wall Street. At 1200 AEDT, the benchmark S&P/ASX200 was down 89.6 points, or 2.08 per cent, at 4,212.9, while the broader All Ordinaries lost 83.9 points, or 1.97 per cent, to 4,167.5. ... |
| | | | The hedge fund industry has condemned the Australian Securities and Investments Commission's (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ... |
| | | | The Australian share market was nearly three per cent higher at noon, led by the resources sector, after copper and oil prices held firm late on Friday. Stocks may react to a report due from China today which will show how fast that economy grew in ... |
| | | | ... way to monitor and evaluate how fund managers are reacting to the current market crisis, giving super funds a new tool to figure out who made the best and worst calls. Inalytics has launched what it calls a 'Monthly Transparency Report', which is a collection ... |
| | | | ... 0.1 per cent rise. Core consumer prices also came in lower than markets expected, rising by only 0.1 per cent. The latest figure takes the annual headline inflation rate down to 4.9 per cent from 5.4 per cent in August. Annual core inflation remained ... |
| | | | Macquarie Bank's decision to sell its $3 billion investment lending arm is not expected to affect its Self Managed Super Fund (SMSF) leveraged property product, Property Lever. Dean Firth, Macquarie relationship banking executive director, said the ... |
| | | | ... Investments Market Sentiment Indicator found 27 per cent are 'bullish' on US equities in October - which may be a small figure - is still a 10 per cent jump on number of managers that were bullish the prior month. |
| | | | ... gripped markets across Asia. The benchmark Hang Seng Index closed down 1,146.37 points at 14,796.87, its lowest closing figure since November 2005. The market has fallen 16 per cent in the past week and 47 per cent since the start of the year. WELLINGTON ... |
| | | | Following last Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization ... |
| | | | Advisers are expected to add up to $63 million to their books over the next five years through a new three-pronged business plan from AXA. AXA's new strategy revolves around the formula of securing the appropriate business partnerships, maximising the ... |
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