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Showing 2911 - 2920 of 3230 results for "April 2007"

IMF blames the world

SUZY MAC  |  FRIDAY, 27 JUL 2007
While the Federal Treasurer insists Australia's inflation remains within RBA targets, the International Monetary Fund warns central banks must tighten fiscal policies as global growth accelerates. In a July update to its 2007 World Economic Outlook ...

China's rates up again

SUZY MAC  |  MONDAY, 23 JUL 2007
Some call it knee jerk, some call it inevitability, but either way China raised interest rates for the third time since March, by 27bp to 6.84 per cent in an attempt to cool the fastest pace of economic growth in 12 years and combat record inflation. ...

Avanteos platform fails to find buyer

CHRIS NICHOLLS  |  TUESDAY, 17 JUL 2007
The Commonwealth Bank has failed to attract a buyer for its Avanteos platform, after bids from potential buyers did not match their expectations. CBA initially looked at selling Avanteos following a strategic review of its platform business earlier ...

Economic round up: savings follow interest rates

SUZY MAC  |  FRIDAY, 6 JUL 2007
As UK interest rates take another hike, Britons are falling behind in a global trend of increased consumer savings. Interest rates were raised in the UK for the fifth time in 11 months and the Bank of England remains concerned that inflation is not ...

AMP NZ shifts passive portfolio to 100% active

The largest fund manager in NZ, AMP Capital Investors, has moved its entire global equities portfolio from 80 per cent passively managed and 20 per cent actively managed to 100 per cent actively managed to take advantage of new rules that will come ...

Internationals in rare win over Aussies

CHRIS NICHOLLS  |  FRIDAY, 15 JUN 2007
International equity markets outperformed Australian shares in May for the first time since January this year, according to the latest Mercer Consulting sector survey. The survey said that sustained global growth, low inflation and continued merger ...

Market wrap - morning

AAP  |  WEDNESDAY, 13 JUN 2007
A sharp drop in base metal prices and Wall Street stocks are expected to drive the Australian share market down when it opens this morning. At 0653 AEST on the Sydney Futures Exchange, the June share price index was down 76 points to 6175. The Federal ...

Global indices are dinosaurs: Schroders

CHRIS NICHOLLS  |  TUESDAY, 12 JUN 2007
Global equity indices are dinosaurs and could be heading for extinction, according to Schroders' head of sales, Brian Scott. Scott said indices such as the MSCI World (ex-Australia) were inefficient, had a poor alignment of interest, were unsafe and ...

Economic round-up: Kiwis at war with inflation

SUZY MAC  |  TUESDAY, 12 JUN 2007
New Zealand takes the award for the highest interest rates in the developed world, as the RBNZ jacked-up the official cash rate to a mammoth 8 per cent, sending a jolt through their export sector and financial markets. Better late than never, the Reserve ...

Market wrap - morning

AAP  |  TUESDAY, 12 JUN 2007
The Australian share market is expected to shrug off a neutral lead from Wall Street and open higher on the back of strong base metal prices. At 0808 AEST on the Sydney Futures Exchange, the June share price index was up 56 points to 6280. ABS lending ...