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Market Wrap - Morning

AAP  |  WEDNESDAY, 27 AUG 2008
The Australian stock market is expected to open in positive territory after US stocks ended mostly higher overnight. At 0740 AEST on the Sydney Futures Exchange, the September share price index futures contract was up six points at 4,992. Today, the ...

Capex & Credit at the forefront

BENJAMIN ONG  |  SUNDAY, 24 AUG 2008
This Week's Market Movers (25 - 29 Aug 2008) Last week's economic releases continued the common theme of global weakness and elevated inflation. Financial market activity were once again volatile as thin trading volumes exaggerated downward moves in ...

Plan B bears market pain

MICHELLE BALTAZAR  |  THURSDAY, 21 AUG 2008
Boutique wealth manager Plan B's full year results were not as stellar as the numbers in the half year although the company still managed to meet its earnings target and dish out higher-than-planned dividends for shareholders. Six months ago, Plan B ...

IRESS buys boost profits

RUTH LIEW  |  WEDNESDAY, 20 AUG 2008
IRESS' buying spree earlier this year has fattened the profits of the company's wealth management business by 7.2 per cent. IRESS wealth management arms in Australia and New Zealand reported a healthy first half with revenue increasing by 7.2 per cent ...

Peak oil bigger problem than climate change

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2008
Peak oil is a much more immediate problem than climate change, delegates at a Finsia seminar heard yesterday. But the potential ramifications of climate change just make the problem worse, said Ian Dunlop, a former petroleum engineer who is now the ...

CalPERS unveils infrastructure plan

RUTH LIEW  |  TUESDAY, 19 AUG 2008
America's largest pension fund California Public Employees' Retirement System (CalPERS) is rolling out a two-year specialised investment strategy for infrastructure - heralding its interest in increased portfolio diversity. According to a statement ...

Once lost, now found: super

RUTH LIEW  |  MONDAY, 18 AUG 2008
Australians still have a gigantic $12 billion in lost super but a concerted effort by the government, regulators and wealth management industry is slowly reducing the amount of misplaced retirement savings. AUSfund for one has returned nearly $40 million ...

HSBC contracts Allianz for insurance

MICHAEL HOBBS  |  MONDAY, 18 AUG 2008
HSBC Bank Australia is partnering with Allianz Australia to provide general insurance products under the HSBC brand to the Australian market. HSBC previously provided insurance to the Australian market using a number of insurers. The bank's move to ...

Watching the US$ and commodities

BENJAMIN ONG  |  MONDAY, 18 AUG 2008
This Week's Market Movers (18 - 22 Aug 2008) The dearth of key market moving factors indicates this week that financial market activity will continue to focus on the rapid appreciation of the US dollar against most major currencies and the decline in ...

Super marketing with grunt

MICHELLE BALTAZAR  |  THURSDAY, 14 AUG 2008
A YouTube ad, an email blast and an annual report that morphs with the member's age were among the winning entries at this year's ASFA Communications Awards held in Sydney last night. This year's awards, which recognises the most innovative or effective ...