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Market wrap - midday

AAP  |  TUESDAY, 18 MAR 2008
The Australian share market was higher at noon, boosted by financials and the prospect of another interest rate cut in the United States later tonight. The Dow Jones industrial average made a late comeback overnight, which also bolstered the local bourse. ...

Double digit days are over

RUTH LIEW  |  TUESDAY, 18 MAR 2008
Average fund returns of 15 per cent or more could soon be a thing of the past as investment experts predict that returns this year are more likely to be around the 8 per cent mark. Speaking at the Conference of Major Superannuation Funds (CMSF) yesterday ...

Governance before crisis

Corporate governance often comes into the spotlight following a crisis - a trap that super fund trustees should avoid at all costs, says a corporate governance expert. Speaking at the Conference of Major Superannuation Funds (CMSF) in Brisbane yesterday ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 MAR 2008
The Australian share market is expected to open higher according to the March SPI futures index, and after New York staged a late rally to come back from falls that followed the Bear Sterns fire sale. In London overnight, base metals were significantly ...

Bluestone cuts back hard

WWW.THESHEET.COM  |  FRIDAY, 14 MAR 2008
Bluestone Group is the latest lender to make big cuts in its lending program in the face of increasingly risk-averse global debt markets. Bluestone, a specialist supplier of non-conforming loans, told staff and business partners yesterday that it would ...

Market wrap - midday

AAP  |  FRIDAY, 14 MAR 2008
The Australian share market was stronger at noon after oil and gold reached record prices overnight, encouraging investors to buy resource stocks. The Australian market followed US equities, which advanced overnight also after credit rating agency Standard ...

Market wrap

AAP  |  FRIDAY, 14 MAR 2008
The Australian share market is expected to open higher after a positive lead from Wall Street. At 0637 AEDT on the Sydney Futures Exchange, the March share price index contract was up 70 points at 5215. Today, New Zealand retailer The Warehouse Group ...

Super trustee faces ASIC probe

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Securities and Investments Commission (ASIC) obtained orders by consent in the Supreme Court of New South Wales yesterday against Fenumiai Solofuti of Campbelltown, New South Wales. These orders follow ASIC allegations that Solofuti was ...

Market wrap

AAP  |  WEDNESDAY, 12 MAR 2008
The Australian share market is expected to open significantly higher after news of a $US200 billion central bank liquidity injection boosted Wall Street overnight. On the Sydney Futures Exchange, the March share price index contract was up 195 points ...

Market Wrap - Midday

AAP  |  TUESDAY, 11 MAR 2008
Australian shares declined 0.9 per cent at noon after recession fears pushed US stocks lower and investors shunned the banks on concerns they are having to take on too much debt. At 1200 AEDT, the benchmark S&P/ASX200 index slid 46.3 points to 5134.1 ...