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Market wrap - midday

After eight sessions in the red, the Australian stock market was finally in the black at midday, boosted by financial stocks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 25.4 points to 5,835.1 while the broader All Ordinaries had climbed 20.6 ...

Market wrap - midday

AAP | WEDNESDAY, 12 DEC 2007

The Australian share market remained one per cent weaker at noon, following Wall Street's disappointment over a smaller-than-expected interest rate cut by the US central bank. At 1200 AEDT the benchmark S&P/ASX200 index was 70.3 points or 1.05 per cent ...

Oil prices a two-way street

ALEX DUNNIN | MONDAY, 3 DEC 2007

Record high oil prices is fuelling the Middle East to export nearly as much capital as they do oil, tying their economies to that of the west and acting as a brake on ever higher fuel prices. Saudi Arabia produces about one-third of the world's oil ...

Market Wrap - Morning

AAP | MONDAY, 3 DEC 2007

The Australian share market is receiving mixed leads this morning, with positive guidance from Wall Street and base metals, but Sydney Futures slightly down. At 0707 AEDT on the Sydney Futures Exchange, the December share price index was DOWN 7 points ...

Market wrap - midday

AAP | THURSDAY, 22 NOV 2007

Australian shares were down in morning trade, dragged by a poor US lead and base metals prices lower overnight. Since the market's all-time highs on November 1, both major Australian indices have fallen more than seven per cent in the past three weeks. ...

Market wrap - midday

AAP | WEDNESDAY, 21 NOV 2007

Australian shares traded in a small range this morning, leaving them marginally down at midday after a weak lead from the US and a rise in oil and gold prices. At 1200 AEDT, the benchmark S&P/ASX200 index was 13.6 points lower at 6411.8, while the All ...

Bombay Stock Exchange leads governance reforms

ALEX DUNNIN IN MUMBAI REPORTING FROM THE INAUGURAL AUSTRALIA INDIA FINANCIAL FORUM | WEDNESDAY, 21 NOV 2007

The Indian stock market has grown six-fold in four years and current sentiment is for it to keep going, but a big question for Australian investors is whether its governance mechanisms can absorb the explosive growth and maintain market integrity. Raising ...

India calls for better financial services

ALEX DUNNIN IN MUMBAI REPORTING FROM THE INAUGURAL AUSTRALIA INDIA FINANCIAL FORUM | TUESDAY, 20 NOV 2007

Consumption expenditure in India accounts for 62 per cent of GDP placing it in the same league as developed nations like the US and Australia, highlighting that high-value consumer sectors such as financial services could be big investment opportunities ...

Market Wrap - Morning

AAP | WEDNESDAY, 7 NOV 2007

The Australian share market is likely to open higher this morning, as the New York market looks set to end on a positive note, the Reserve Bank of Australia's decision on interest rates is announced, and base metal prices in London were higher overnight. ...

Deloitte merges with analytics boutique

CHRIS NICHOLLS | MONDAY, 29 OCT 2007

Deloitte's Data Analytics group has announced it will merge with boutique data analytics firm Analytic Insight. The team of eight consultants based in Sydney and Melbourne will join an existing national practice of 70 at Deloitte. Deloitte chief executive ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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