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Not so wrong

BENJAMIN ONG  |  FRIDAY, 20 JAN 2012
... to home, there's the latest Australian Bureau of Statistics (ABS) report that the economy lost 29,300 jobs in December on top of the 7,500 positions that disappeared in the previous month - making 2011 the worst year in the domestic labour market since ...

ASFA warns on unseen MySuper outcomes

ELISE BURGESS  |  THURSDAY, 19 JAN 2012
ASFA is wary of potential unseen outcomes from the MySuper legislation Bill, including clashing between regulators and the rise of short-termism, as it predicts pressures on super trustees may trump the long-term interests of members. In a submission ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 18 JAN 2012
... figures on Tuesday. Rio rose 0.5 per cent to $66.03, while Fortescue extended gains to add 2.3 per cent to $4.91. One of the top performers of the day was Lynas Corporation after it raised the estimated resources at its major Mount Weld project in Western ...

Market Wrap - Midday

AAP  |  TUESDAY, 17 JAN 2012
... by a strong sale of French treasury bills overnight, despite news that the EU's second-largest economy was stripped of its top credit rating by Standard & Poor's on Friday. News that Fortescue Metals, Australia's third largest iron ore producer, reported ...

Investors looking backwards: Mercer

ELISE BURGESS  |  TUESDAY, 17 JAN 2012
... between an upper and lower quartile manager was the smallest since the 2004 calendar year. BlackRock L/S Equitised fund took top position for the best performing Australian shares manager for 2011, returning 6.5%, in a massive jump from 109th position ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 JAN 2012
... ran aground late on Friday off the Italian coast with the loss of at least six lives. London's benchmark FTSE 100 index of top shares closed with a modest increase of 0.37 per cent to 5,657.44 points, however, while Paris' CAC 40 added 0.89 per cent ...

Instos set sights on Indonesian assets

CLAIRE MCGREAL  |  MONDAY, 16 JAN 2012
... relationship between the two countries, Trade Minister Craig Emerson said Indonesia was on the road to becoming one of the top 10 global economies by 2030. The moves came as Indonesia's largest fund manager Mandiri Investasi paid another visit to Australia ...

Market Wrap - Morning

AAP  |  MONDAY, 16 JAN 2012
... government sources told AFP the ratings agency had warned members of the bloc France would be downgraded by one notch, while fellow top-line creditors Germany, Luxembourg and the Netherlands would be spared. The downgrade could force France's borrowing ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 DEC 2011
... after heavy losses on Wednesday sparked by fresh concerns over the eurozone debt crisis. In London, the FTSE-100 index of top companies closed up 0.63 per cent at 5400.85 points on Thursday. In Paris, the CAC-40 rose 0.76 per cent to 2998.73 points and ...

HK tops US as most advanced financial economy

ALEX DUNNIN  |  THURSDAY, 15 DEC 2011
... stability, banking and non-banking financial services, sophistication of their financial markets and access to those markets. The top 10 nations are Hong Kong SAR, the US, UK, Singapore, Canada, the Netherlands, Japan, Switzerland and Norway. France ...