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| | | Wall Street retreated last night apparently shocked at reports of an unexpected fall in US retail sales. The US Commerce Department reported that retail sales fell 1.1 per cent in March with sales ex-autos declining 0.9 per cent. Expectations were for ... |
| | | | Global debt market volumes have increased 31 percent in the last year, driven by Asia and Japan. But rather than the surge expected from the US, combined Europe, the Middle east and Africa jumped 76 per cent while debt issuance from the Americas fell ... |
| | | | The Australian share market was higher at noon, but well off its earlier gains following worse than expected jobs data. At 1200 AEST, the benchmark S&P/ASX200 was up 21.3 points, or 0.59 per cent, to 3,640.8, while the broader All Ordinaries had added ... |
| | | | Here we go, here we go, here we go. It is that time of the month again when Australia's soothsayers sing a familiar refrain, 'we are doomed.' I of course refer to the Australian Labour Force Report which will be released by the Australian Bureau of ... |
| | | | I'll keep the change, thank you. With these words, the National Australia Bank hammered home the point of one of the G20 protesters' slogans, 'Bankers, rhyme with ?' Yesterday's decision by the Reserve Bank of Australia (RBA) to reduce the official ... |
| | | | Super funds should start reporting their performance based on how much income they can provide to members on retirement, not on how much they return in the intervening period when the savings are locked up, said a US-based retirement expert. Don Ezra ... |
| | | | Game over. Problem solved! With a stroke of a pen and an extra US$1,000,000,000,000 the leaders of the G20 have ended the global financial crisis. Not so fast. The rally that started in the Asia Pacific time zone extended to Wall Street overnight, with ... |
| | | | Super funds must provide detailed five and 10-year investment performance records in member statements, not just in annual reports, following new government rules. The new measures mean all returns at an investment option or sub plan level need to be ... |
| | | | AIG Life Australia has withstood the US financial storm to post record increases in sales and customer loyalty, thanks to a communications program that could raise the standard for the level of disclosure customers expect from their insurers. Rather ... |
| | | | The Australian sharemarket consolidated its position in morning trade, with resources and oil stocks providing the core support after February retail trade and building approval figures had little impact on the market. At 1200 AEDT, the benchmark S&P/ASX200 ... |
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