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| | | One of the US' largest pension funds, CalPERS, has forked out $550 million for a 60 per cent slice of a Macquarie CountryWide Trust's portfolio of shopping centers. The $224 billion California Public Employees' Retirement System closed the half a billion ... |
| | | | "Don't worry, I've got a plan," Ben Bernanke, the US Federal Reserve chair, reassured the US Congress. The longer I observe the financial markets, the more confused (amused?) I get. When equities and commodities went on their upward trek starting in ... |
| | | | The Australian share market has received mixed leads from overseas, with Wall Street ending mostly weaker, while precious metals and oil prices rose overnight. At 0713 AEST on the Sydney Futures Exchange, the September share price index contract was ... |
| | | | PAID! Ten big American banks will get this stamp on their TARP loans after the US Treasury approved their repayment of a combined US$68 billion of taxpayers' money. No names were mentioned on which banks are queuing up at the Treasury cashier to pay. ... |
| | | | The Australian share market was weaker at noon, despite gains made by Rio Tinto and gold miners. At 1200 AEST, the benchmark S&P/ASX200 was down 16.5 points, or 0.43 per cent, at 3,808.1, while the broader All Ordinaries had lost 10.4 points, or 0.27 ... |
| | | | You've been warned, Australia! Standard & Poor's and Moody's threatened Australia with a downgrade in its sovereign risk rating if the National Budget remains in deficit over the medium term. My, oh my, I am so scared. And so we all should be. Because ... |
| | | | Australia's sharemarket was 0.75 per cent higher at noon, led by the big miners. At 1200 AEST, the benchmark S&P/ASX200 was up 27.4 points, or 0.75 per cent to 3695.6 while the broader All Ordinaries was up 25 points to 3652.2, shrugging off a decline ... |
| | | | ... the Communist nation increasingly divided over uneven distribution of economic benefits. The initiatives are expected to wash through the economy as SOEs includes not just finance companies but industrial giants and including their significant interests ... |
| | | | The Australian share market is expected to open slightly higher after US stocks recovered late in the trading session on positive economic reports. Gold miners may gain on the rise in the precious metal and energy stocks may decline after the oil price ... |
| | | | The Australian share market is expected to open little changed following the pullback in US stocks after Monday's surge. Resource stocks may decline after metals prices fell. At 0728 AEDT on the Sydney Futures Exchange, the March SPI futures index was ... |
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