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| | | ... ASX 24, the March 2012 share price index futures contract was up 25 points at 4,141, with 11,915 contracts traded. Financials gained 0.5 per cent on a spate of news from the sector. Insurance Australia Group gained after it said it had bought New Zealand's ... |
| | | | As 2011 comes to a close, the Financial Standard team would like to thank you for your continued readership and support. We reached several milestones in 2011, namely the launch of the: * New-look Financial Standard newspaper * Financial Standard iPad ... |
| | | | ... cent, to $31.04 while Santos shed 22 cents, or 1.7 per cent, to $12.69. Overall the sector was down 2.2 per cent. In financials, the big four were hit by the weakness in offshore banks and concerns that their lending costs are likely to rise. National ... |
| | | | A brand new day, same nagging issues. The headlines may have changed but the underlying problem remains - the uncertainty that is the European sovereign debt problem. We were reminded of this again last night. Rising yields. Italian yields hit fresh ... |
| | | | To all those who have Christmas lunches - long liquid lunches - to go to today, go now pronto for developments in the financial markets last night was another one of those "ho-hum" moments. Not that you'll pick it from the headlines and stories doing ... |
| | | | "Tell him he's dreaming." Twelve days to Christmas and by the looks of it Europe's dream of appeasing one and all, including themselves, remains just that - a fantasy. All three credit rating agencies came out last night to deliver their verdict on ... |
| | | | It was the summit touted as the one to end all summits. But nah! As Daryll Kerrigan in the "The Castle" would say, "tell him he's dreaming". Five Plans done, "n" to go. Last weekend's European Summit produced something - well, sort of - and the equity ... |
| | | | Rumour smack down. Have you ever heard of the phrase, "don't lend credence to a rumour until it is officially denied"? The fresh prince of the ECB, Mario Draghi, just did that - officially denied weeks of gossip that it's gonna mint fresh euros. Sovereigns ... |
| | | | So here we are... in another "waiting to exhale" moment. Like I, me and Irene expected, volatility's picked up ahead of the unveiling of yet another European Grand Plan. It's Plan Numero Five this time. And like the anticipation that went before Plans ... |
| | | | Decisions, decisions. Today's the first Tuesday of the month so it must be "what to do with interest rates" decision time for the Reserve Bank of Australia (RBA). The punting is finely balanced with, according to Bloomberg's polling, 13 out of 25 economists ... |
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