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Market Wrap - Morning

AAP  |  TUESDAY, 26 FEB 2008
... Japan's Nikkei average rose more than 3 per cent, posting a six-week closing high as market sentiment improved after a newspaper reported that China's sovereign wealth fund planned to buy as much as $10 billion in Japanese stocks. The Nikkei average ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 FEB 2008
The Australian stock market is expected to open lower on a negative lead from Wall Street. This morning on the Sydney Futures Exchange at 0650 AEDT, the March share price index contract was down 74 points at 5,592 on a volume of 1,083 contracts. Today ...

Ryan joins Fidelity

MICHAEL HOBBS  |  THURSDAY, 31 JAN 2008
... Goodin, president of Fidelity Asia Pacific. Asian Investor daily reported Ryan will at Fidelity on February 18. The newspaper also reported Fidelity made the decision partly as a result of Goodin's move from Tokyo to Sydney. Fidelity is a financial services ...

Tricom a day late on settlements

WWW.THESHEET.COM  |  WEDNESDAY, 30 JAN 2008
... reported that the firm had a margin loan portfolio of $2.2 billion at June 2007 but had reduced that subsequently. The newspaper named ANZ and Merrill Lynch as two wholesale lenders to whom Tricom owed more than $1 billion. The Australian reported that ...

Market plunge drives record margin calls

WWW.THESHEET.COM  |  WEDNESDAY, 23 JAN 2008
... had to process around 800 margin calls, which would be the maximum we have ever had to face." He later told The Age newspaper that margin calls for yesterday were around 2100. "Usually when there is some volatility you would get 100 or a maximum of 200 ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 NOV 2007
... CAC-40 index closed at 5,458.39 points, down 62.78 or 1.14 per cent. TOKYO - Stocks accelerated their advance after a newspaper report that the Chinese government's investment arm was likely to pick up shares in Tokyo, boosting hopes for new demand for ...

India's investment exuberance

ALEX DUNNIN IN MUMBAI REPORTING FROM THE INAUGURAL AUSTRALIA INDIA FINANCIAL FORUM  |  MONDAY, 19 NOV 2007
The demand for investment products in India is so great that some companies have closed their initial public offerings (IPOs) oversubscribed by a factor of 100. "There is such a thirst for investment products that any product that is remotely interesting ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 NOV 2007
The Australian share market is expected to open trading higher this morning, with anticipated impact on the mining sector after BHP Billiton last night announced it had made a STG120 billion ($A272.05 billion) takeover bid for Rio Tinto. If successful ...

Scary markets II

SUZY MAC  |  FRIDAY, 26 OCT 2007
Offshore markets rolled over and played dead again overnight, scared silly by another petrol price spike, while the Aussie dollar continued to run on ahead. The Australian dollar rose to a fresh 23-year high of 0.9090, after opening in London at 0.9030 ...

Market Wrap - Midday

AAP  |  MONDAY, 8 OCT 2007
The Australian sharemarket hit an all-time record in early morning trade, with both key indices up by more than one per cent by noon, boosted by a surge on Wall Street on Friday night. At 1202 AEST, the benchmark S&P/ASX200 index was up 73.2 points ...