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| | | Remember the, "That 40% odds of an April rate cut last week - up from 36% the week before - has now risen to 68% this week" I typed on this space 24 hours ago? They've just gone up to 72% and the Australian dollar's fall to a low of US$0.7597 (down ... |
| | | | Australian stocks have extended their losses on heavy drops in commodity prices and overnight falls on Wall Street. Crude prices eased and iron ore fell to its lowest price since tracking began in 2008. The market opened with only modest losses, but ... |
| | | | ... at $39.44. Telstra was up 6.5 cents at $6.355. Treasury Wine Estates added 7.5 cents to $5.235 after announcing it will close a wine processing business and has put four wineries up for sale in a raft of major changes. |
| | | | Public submissions on the federal government's Financial System Inquiry Final Report close today. Provided about four months to comment, it is expected all financial service sectors will contribute their thoughts on the government's 44 recommendations ... |
| | | | J. P. Morgan is looking to bring investments in global shipping to Australian superannuation funds. According to the global asset manager, yield-oriented maritime asset investments offer a combination of benefits: attractive total return potential ... |
| | | | ... constructive contribution to improving the quality of advice and outcomes for consumers." He added that the government is giving "close consideration" to Trowbridge's recommendations, especially the policy recommendation for a level life insurance commission ... |
| | | | ... points, to 19,471.12 after earlier this week touching a 15-year high, while Sydney sank 1.58 per cent, or 94.22 points, to close at 5,879.1 and Seoul fell 0.99 per cent, or 20.25 points, to 2,022.56. Hong Kong lost 0.13 per cent, dropping 31.15 points ... |
| | | | Treasury Group chief executive and managing director will leave the company later this year and will be replaced by the business' executive director. Andrew McGill was appointed to the role on July 2011 and was previously a founder and partner of mid-market ... |
| | | | Global index provider STOXX Limited has expanded its presence in the Asia Pacific region with the opening of an office in Sydney. Jonathan Morgan has been appointed STOXX regional director and will head the Sydney office, with responsibility for STOXX ... |
| | | | The Australian market looks set to open lower after Wall Street fell sharply as a selloff in semiconductors, fed by a downgrade on suppliers, spread to the broader market. At 0805 AEDT on Thursday, the June share price index futures contract was down ... |
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