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| | | It was always going to be this way in every reporting season. There will be surprises - pleasant and nasty. The Dow slipped from the 10,000 mark at the close of trading last week on the back of surprises - the nasty kind - from lower than expected profit ... |
| | | | Just a day after this space commented on the risky proposition of holding US dollars, Bloomberg reports overnight that world central banks are diversifying out of the greenback. Data compiled by Bloomberg revealed that central banks have backed up their ... |
| | | | ANZ goes up the ranks of the wealth management and life insurance sectors when it acquired the 51 per cent stake it did not own in a joint venture with ING Group for $1.76 billion - transforming it into a $45 billion fund manager with more than 1,700 ... |
| | | | A global recovery is truly underway, risk appetites are being stoked, there is no more need for flight-to-quality bids. These are the reasons used to justify the sharp depreciation in the US dollar. The greenback fell to its lowest 2009 level against ... |
| | | | The Australian market has received strongly negative leads from the key Wall Street and European indices overnight, and from another drop in the price of crude oil and base metal copper, although precious metals were higher. At 0725 AEST on the Sydney ... |
| | | | Pengana's Asian Equities Long Short fund gained 22.5 per cent, net of fees, in the year to June against its benchmark's loss of 6.1 per cent - proof that even in the worst of times, fund managers that make the smart calls can deliver. Not many fund ... |
| | | | The Australian share market is expected to open slightly lower after thin trade in the US on Friday and falls in key commodity prices. At 0720 AEST on the Sydney Futures Exchange, the June share price index contract was two points lower at 4,058. In ... |
| | | | So much money has to go somewhere. With almost all governments and central banks of the world pumping liquidity into the financial system, it comes as no surprise that some have flowed into commodities. Along with the rally in the equity markets, the ... |
| | | | The Australian stock market was flat at noon, with gains in resources and energy stocks offset by losses in the financial sector. At 1200 AEDT the benchmark S&P/ASX200 was steady at 3,480.2, while the broader All Ordinaries was up 1.9 points, or 0.06 ... |
| | | | The Australian share market has received mixed leads from overseas, with Wall Street down and precious and base metals lower, although oil added over a dollar and a half. At 0724 AEDT, on the Sydney Futures Exchange, the March SPI futures index was ... |
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