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| | | The Investment & Financial Services Association (IFSA) is changing its name to the Financial Services Council, signalling a move to broaden its reach and influence. The peak body represents retail and wholesale funds management institutions spanning ... |
| | | | The morning after. Either you're still reading the obituaries and the political assassination of Kevin Rudd or you have moved on to congratulate Australia's first femme PM - Julia Gillard. I won't bore you with the details. Pick up any local daily or ... |
| | | | Stock research arms of Citi and Goldman Sachs JBWere give a thumbs up to Suncorp's new strategy to distribute risk insurance products directly through GIO, AAMI and APIA while continuing to develop its financial advice channel business. Geoff Summerhayes ... |
| | | | Standard & Poor's has kept its ratings on all Perpetual funds following the resignation of managing director, David Deverall. According to a statement, S&P is comfortable with the ratings because Deverall has no direct involvement in investment management ... |
| | | | ... estimate of new houses for sale at the end of May was 213,000. This represents a supply of 8.5 months at the current sales rate." Yes, Virginia, that wasn't a typo it plunged by 32.7 per cent in May and the annual rate of 300,000 units is the lowest ... |
| | | | ASIC has started daily reporting of aggregated short positions on its website, following new reporting obligations introduced by the government to improve short sales transparency in Australia. The reports will be published on the ASIC website at www.asic.gov.au/short-position-reports. ... |
| | | | ... Peoples Bank of China. They've woken up to the reality that their dream of a floating, dearer yuan is just that a dream. Oh yes, the PBOC tried to keep the dream alive yesterday by raising the currency's daily reference fixing 0.43 per cent higher at ... |
| | | | ... yesterday, "experts" were falling all over themselves - and then some - euphorically welcoming China's revaluation of its currency. Yes, Virginia if you were watching the news yesterday, flipping through the dailies or clicking over web pages you could ... |
| | | | ... relying on exporting low-value-added stuff to the rest of the world." And, "Markets are going to like" Beijing's announcement. Yes it's all good Virginia. Because as IMF Managing Director Dominique Strauss-Kahn explains, deciding to give its currency ... |
| | | | Australian stocks were down slightly at noon, as the big miners fell, and the market consolidated gains that took it to a one month high. At 1200 AEST on Thursday, the benchmark S&P/ASX200 index was down 12.5 points, or 0.27 per cent, at 4546 points ... |
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