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| | | ... per cent. Global fixed income will receive a 1 per cent boost from 19 to 20 per cent, while global equity (mostly public stocks) will be lessened from 56 to 49 per cent. Meanwhile the pension fund's cash targets have been raised from zero to 2 per cent. ... |
| | | | ... market is expected to open lower after significant falls on Wall Street and in Europe as profit-taking hit commodity-based stocks. At 0720 AEST on the Sydney Futures Exchange, the June share price index contract was 58 points lower at 3,973. In economic ... |
| | | | ... prospering. "Investors are finally opening their wallets and reducing cash balances to mid-cycle levels to buy equities, cyclical stocks and risky assets," said Michael Hartnett, Banc of America Securities-Merrill Lynch co-head of international investment ... |
| | | | ... Ltd hold general meetings. On Friday the Australian share market posted its third successive daily rise, with financial stocks driving gains despite profit-taking in the resources sector. The benchmark S&P/ASX200 index closed up 15 points, or 0.37 per ... |
| | | | The Australian share market is expected to open higher after US stocks and commodity prices, including gold, copper and oil, gained overnight. At 0719 AEST on the Sydney Futures Exchange, the June share price index contract was seven points higher at ... |
| | | | ... had." Rio Tinto climbed $2.69, or 3.68 per cent, to $75.72, while BHP Billiton advanced 26 cents to $37.96. Among iron ore stocks, Fortescue Metals surged 54 cents, or 15.04 per cent, to $4.13, Sims Metal Management lifted $1.44, or 5.8 per cent, to ... |
| | | | The Australian share market is expected to open little changed as the negative sentiment following falls in US stocks are offset by the positive sentiment generated by gains in the oil price. At 0743 AEST on the Sydney Futures Exchange, the June share ... |
| | | | ... drove the Australian share market through the 4,000 level at noon, with most gains in the bank sector and in resources stocks on the back of higher commodity prices. At 1202 AEST, the benchmark S&P/ASX200 index was up 69 points, or 1.75 per cent, at ... |
| | | | ... first day of the Mining the Pilbara 2009 conference will be convened. On Tuesday, weaker commodity prices and resource stocks pulled the Australian sharemarket down almost one per cent, offsetting gains among financial stocks. The benchmark S&P/ASX200 ... |
| | | | ... Federal Reserve said major US banks that were ordered to raise capital had developed sufficient plans. Many of the resource stocks, including Australia's biggest company BHP Billiton, dragged on the index. At 1200 AEST, the benchmark S&P/ASX200 was up ... |
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