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Market wrap - morning

AAP  |  WEDNESDAY, 6 SEP 2006
The Australian share market is expected to open higher on a positive US lead and a surge in base metal prices. On the Sydney Futures Exchange, the September share price index contact was up eight points at 5,160. Today, Rio Tinto gives a media conference ...

Market wrap - midday

AAP  |  TUESDAY, 5 SEP 2006
The Australian stock market was higher at noon propelled by lingering optimism from yesterday's gains, amid speculation the Reserve Bank of Australia will leave interest rates untouched following its monthly board meeting today. At 1200 AEST the benchmark ...

China heading for recession?

A leading global economist who correctly predicted the collapse and the timing of the Asian credit bubble is boldly predicting that China is heading for an economic slowdown in the second half of next year. Andrew Hunt, principal of UK-based Andrew ...

Daily economic round-up

PETER BELL  |  TUESDAY, 5 SEP 2006
Figures released yesterday by the Australian Bureau of Statistics showed that the number of dwellings approved during July increased by 8.3 per cent to reach the highest level since May 2005. The result was largely a consequence of a 13.6 per cent increase ...

Market wrap - morning

AAP  |  TUESDAY, 5 SEP 2006
The Australian share market may nudge upward in the absence of a lead from US markets, which were closed for the Labor Day holiday. On the Sydney Futures Exchange, the September share price index contact was up three points at 5,147. Today, broadcaster ...

Market wrap - midday

AAP  |  FRIDAY, 1 SEP 2006
Australian stocks followed the US lower today after a brief tick higher this morning, with a mixed performance across the board. At 1200 AEST the benchmark S&P/ASX200 had edged 4.6 points downwards to 5110.8, while the all ordinaries dipped 4.4 points ...

Daily economic round-up

PETER BELL  |  FRIDAY, 1 SEP 2006
Signs of a possible slowing in business investment were revealed yesterday when the ABS released data on private sector capital expenditure, which showed an increase of only 1.1 per cent over the June quarter. The annual growth in business investment ...

Asteron launches income product for 80s and over

KATE HAGE  |  THURSDAY, 31 AUG 2006
Promina Group's financial services business Asteron yesterday launched an income stream product aimed at those 80 and over, designed to kick in when retirement savings start to dwindle. Designed to complement the pension, the Asteron Longevity Income ...

Daily economic round-up

PETER BELL  |  THURSDAY, 31 AUG 2006
Australian Bureau of Statistics data released yesterday revealed a 0.6 per cent increase in the seasonally adjusted value of retail sales in July to $18.1 billion, largely as a result of a 7 per cent increase in department store sales which accounted ...

Market wrap - morning

AAP  |  THURSDAY, 31 AUG 2006
The Australian share market is expected to open slightly firmer on a mildly stronger Wall Street lead and higher commodity prices. On the Sydney Futures Exchange, the September share price index contact was up 13 points at 5,070 at 0749 AEST. Today ...