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Showing 21 - 27 of 27 results for "Catapult"

Sell dollars to buy stocks

BENJAMIN ONG  |  FRIDAY, 20 NOV 2009
Thud! Thud! Thud! This is the sound of my head banging on my desk. For I'm confused - really very confused. Wall Street again dropped big time last night - well to be more accurate, just bigger than the smaller daily falls we've gone accustomed to over ...

The perfect hedge

BENJAMIN ONG  |  FRIDAY, 31 JUL 2009
... been easing. It has become as boring as watching green shoots grow. But while we're waiting for "the next big thing" to catapult the equity markets higher or pull them back down to their March lows, there is an investment asset that has quietly made ...

Fed Gloom

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2008
Market Movers Overnight (16 July) Fed Gloom US Federal Reserve Chairman Ben Bernanke's testimony before the US Congress last night catapulted the Australian dollar to a 25-year high in overnight trading. The Australian dollar broke above the US$0.9800 ...

Billionaire bull run

SUZY MAC  |  FRIDAY, 12 OCT 2007

HBOS expands with Whittaker Macnaught purchase

HAMISH MADDEN  |  WEDNESDAY, 31 JAN 2007
HBOS Australia's wealth and insurance arm, St Andrew's Australia, has acquired independently owned Queensland financial planning group Whittaker Macnaught. The acquisition takes St Andrew's funds under management to almost $2 billion with its team of ...

ANZ completes acquisition of National Bank of New Zealand

AAP  |  TUESDAY, 2 DEC 2003
ANZ Banking Group Ltd said today it had completed its $5.4 billion acquisition of the National Bank of New Zealand (NBNZ). ANZ announced its plans to buy NBNZ from London-based Lloyds TSB Bank PLC in October. ANZ chief executive John McFarlane said ...

Afternoon market wrap: $A rockets to five-and-a-half year high

The Australian dollar rocketed to its highest level in five-and-a-half years today and looks set to fly past 70 US cents this year. Its faster than expected rise has some currency experts now raising their expectations about how high the local dollar ...
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