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Australian market to open lower

AAP  |  FRIDAY, 5 JUN 2015
... equity markets around Europe are selling off hard and fast." HONG KONG - Shanghai stocks have recovered from a huge plunge to close higher while Tokyo's early gains wilted to almost nothing but the euro ticked up after Greece and its creditors held debt ...

Market to open higher

AAP  |  THURSDAY, 4 JUN 2015
... and Seoul lost 0.74 per cent, or 15.48 points, to 2,063.16. Hong Kong, however, rose 0.69 per cent, or 190.75 points to close at 27,657.47. Dealers moved out of Japanese equities for a second day after the Nikkei posted its 12th straight session of gains ...

Super delivers 12.2% for year end April

ALEX DUNNIN  |  WEDNESDAY, 3 JUN 2015
Returns from super fund default MySuper options dipped to 12.2% for the 12 months to end April but funds are still on track for another solid financial year, according to SelectingSuper's latest performance survey. The SelectingSuper survey of Workplace ...

Market to open higher

AAP  |  WEDNESDAY, 3 JUN 2015
... talks between Athens and its creditors aimed at preventing Greece from defaulting. The CAC 40 in Paris shed 0.41 per cent to close at 5,004.46 points on Tuesday, while in Frankfurt the DAX 30 fell 0.94 per cent to 11,328.80 points. Outside the eurozone ...

Property bubble debate heats up

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... to invest as much as $60 billion into the sector until 2020. Only during the last financial year, Chinese citizens bought close to $9 billion worth of Australian property, 60% more than the previous year. They were buying mostly in Sydney and Melbourne ...

CBA granted renminbi licence

STAFF WRITER  |  TUESDAY, 2 JUN 2015
Commonwealth Bank has been granted a renminbi (RMB) licence for its Shanghai Branch by the China Banking Regulatory Commission (CBRC). The licence enables the bank to broaden its institutional offering to incorporate all aspects of trade and investment ...

Henderson acquires IOOF's Perennial

LAURA MILLAN  |  TUESDAY, 2 JUN 2015
... from existing cash resources. The 90 West transaction closed on 29 May 2015, and the Perennial transactions are expected to close in the fourth quarter of 2015.

Market to open higher

AAP  |  TUESDAY, 2 JUN 2015
... the CAC 40 in Paris rose 0.35 per cent to end the day at 5,025.30 points, and Frankfurt's DAX 30 gained 0.19 per cent to close at 11,436.05 points. "European equity markets traded mixed during the first session of the month, as concerns regarding Greece's ...

Draft amendments to OTC rules released

MARK SMITH  |  MONDAY, 1 JUN 2015
... Determination 2015 (No. 1) and the Corporations Amendment (Central Clearing and Single-Sided Reporting) Regulation 2015. Submissions close on Friday 26 June and can be lodged online or by post.

Market to open lower

AAP  |  MONDAY, 1 JUN 2015
... cent to 11,413.82 points. London's benchmark FTSE 100 index of top companies dropped 0.80 per cent compared with Thursday's close to close at 6,984.43 points. "European equity markets remained under pressure during the last trading session of the month ...