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Showing 3361 - 3370 of 5515 results for "September 2005"

Be glad for A$ weakness

BENJAMIN ONG  |  MONDAY, 26 SEP 2011
Oh no! This couldn't happen. Not now, not when the "Finance Minister of the Year" sits in Canberra. The A-dollar has fallen below parity with the US dollar. Australian deputy prime minister and federal treasurer Wayne Swan had been awarded the top gong ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 SEP 2011
The Australian share market was firmly in the red at noon following tumbles on Wall Street and European bourses overnight, as a cocktail of negative economic data weighed on investor sentiment. CommSec market analyst Steve Daghlian said both key indices ...

Bulls see red

BENJAMIN ONG  |  FRIDAY, 23 SEP 2011
A sea of red swamped the world's equity markets - from New York to Rio and old London town - over the past 24 hours. As I've been warning the past few weeks, the global economy is weakening, the odds of another recession has increased and this is sapping ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 SEP 2011
The Australian market looks set to open lower after Wall Street lost more than 3.5 per cent and European stocks also fell sharply overnight. At 0714 AEST on Friday, the December share price index futures contract was down 76 points at 3,890. In economic ...

Qantas Super makes delayed fund departure

MATT WOODINGTON  |  THURSDAY, 22 SEP 2011
Qantas Super has sold its 50% stake in value manager Constellation Capital, three years after deciding it wanted to exit the business. In September 2008, Qantas announced plans to sell its private equity stake and withdraw $250 million of investments ...

ASIC obtains Fed Court order to preserve funds

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ASIC has obtained urgent orders from the Federal Court to preserve invested funds in a Brisbane-based mutual fund operating without a licence, according to the regulator. The City Index Australian Mutual Fund operates on the cityindexmutual.com website ...

INGIM cuts jobs before takeover

ELISE BURGESS  |  WEDNESDAY, 21 SEP 2011
ING Investment Management is cutting staff numbers in the lead up to its takeover by UBS Asset Management, with estimates at 36 staff cuts to date. Notice of potential job cuts was given back in June when news of the takeover was announced, with the ...

Global forecast downgraded, Australia strong

RACHEL DAVIS  |  WEDNESDAY, 21 SEP 2011
The IMF's September World Economic Outlook has downgraded its global growth forecasts but has predicted that the Australian economy will grow by 3.3% in 2012, with its forecast for global advanced economies at only 1.9%. The IMF's September World Economic ...

IMF says prepare to buy

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2011
This might be it folks! The one we've all been waiting for - the catalyst, the contrarian indicator to end all contrarian indicators. It's all over the news. No, it's not the credit ratings agencies' - which seemed to have been trigger-happy these past ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 SEP 2011
Australian stocks look set to open higher despite mixed movements on international markets overnight. At 0707 AEST on Wednesday, the December share price index futures contract was 33 points at 4,078. Overnight, the Dow Jones closed just 7.65 points ...