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Showing 3981 - 3990 of 5511 results for "September 2008"

Herding 20 cats

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2009
Herding cats. There was not much movement on Wall Street overnight so let's just talk about herding cats today. Wall Street dipped ever so slightly as - despite what the headlines say - there weren't any fresh news to steer direction. It was the same ...

F1 scandal forces ING to dump Renault early

ALEX DUNNIN  |  MONDAY, 28 SEP 2009
ING has terminated its global sponsorship of the Formula One Renault Team early as fallout continues to dog the sport and the sponsors following the Renault F1 cheating scandal. An investigation into a plan to deliberately crash at last year's Singapore ...

Liquidity flow versus trade flow

BENJAMIN ONG  |  MONDAY, 28 SEP 2009
There is no mistaking that in the battle between the bulls and the bears, the thundering herd of male cows have got the upper hand over the past six months. Investor sentiment has changed from fearing being in the market to dreading missing out. Despite ...

Platforms bounce back 7.9 pc

Platform funds under advice jumped 7.9 per cent during the June quarter, recording their first lift in 18 months. The combined platform market at $331 billion is, however, still down 19 per cent from its $410 billion September 2007 peak, noted Rainmaker ...

Undue credit (ratings)

BENJAMIN ONG  |  THURSDAY, 24 SEP 2009
When is a triple A rating not AAA? When the credit rating agencies say it is - in our case, Moody's. But first, a very big yawn with a matching upward stretch of both arms! I am talking about the Federal Open Market Committee (FOMC) meeting, of course. ...

Perth fund manager gets wind up orders

ASIC RELEASE  |  WEDNESDAY, 23 SEP 2009
ASIC has obtained court orders to wind up Perth-based Finchley Central Funds Management for failing to comply with its obligations under the law. On 22 September 2009, ASIC obtained orders from the Federal Court in Perth to wind up Finchley Central ...

GIC pockets $1.8 billion from Citi sale

RUTH LIEW  |  WEDNESDAY, 23 SEP 2009
Singaporean sovereign wealth fund GIC has sold half of its 9 per cent stake in Citigroup - a deal that plumped up GIC's coffers with a $1.8 billion (US$1.6 billion) profit. A press statement from GIC, which has over $100 billion in funds under management ...

Market Wrap - Morning

AAP  |  MONDAY, 21 SEP 2009
The Australian share market may open higher after US stocks rallied on Friday. But gains in Australian equities may be capped after commodity prices including oil, gold and copper declined. At 0726 AEST on the Sydney Futures Exchange, the December share ...

Managers reverse stance on Euro equities

COMPANY RELEASE  |  FRIDAY, 18 SEP 2009
A global fund manager survey has found renewed confidence in the European equities, with figures showing more fund managers plan to be overweight the region in the next year. The Merrill Lynch Survey of Fund Managers conducted in September found just ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
... manufacturing surveys we saw over the past few weeks, the Philadelphia Fed's index on manufacturing jumped to 14.1 in September - the highest level since June 2007 (you know, before the Lehman bust) from 4.2 in the previous month. There was also good ...