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Showing 4501 - 4510 of 5920 results for "March 24"

Fear not a rate rise

BENJAMIN ONG  |  MONDAY, 17 AUG 2009
Uh, oh! Wall Street wobbled again at the end of last week. But nothing has changed really. Data releases remained mixed - characteristic of an economy that is at an inflection point. Over the past week, the Dow was down 0.5 per cent, the S&P 500 fell ...

All aboard

BENJAMIN ONG  |  THURSDAY, 13 AUG 2009
The gospel according to the US Federal Reserve: Economic activity -- "levelling out". Financial market conditions -- "improved further". Treasury buyback -- expiry extended another month to October (just in case). Fed funds rate - near zero for an extended ...

Dead cat bouncers dead

BENJAMIN ONG  |  MONDAY, 10 AUG 2009
Hi ho...hi ho, it's off to work we go! The news just got better. If you thought Australia's latest unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 6 AUG 2009
Watch the screens today! For at exactly 1130 hours (AEST), the Australian Bureau of Statistics will release a tally of how many of us were able to keep our jobs last month, how many were still looking for work and how many started submitting forms to ...

ASIC approves Opes Prime settlement

ASIC RELEASE  |  WEDNESDAY, 5 AUG 2009
ASIC has welcomed yesterday's court approval of the creditors Schemes of Arrangement that will oblige ANZ and Merrill Lynch to pay $226 million to Opes Prime clients. According to a media statement by ASIC, the schemes oblige ANZ and Merrill Lynch to ...

V still likely

BENJAMIN ONG  |  TUESDAY, 4 AUG 2009
Chk, chk, bang! Yes, ladies and gentlemen. Equity markets greeted August the same way it left July - with a bang! One by one the bears are beginning to wave the white flag as the thundering herd forces them back into hibernation. The "Maestro," former ...

The perfect hedge

BENJAMIN ONG  |  FRIDAY, 31 JUL 2009
Don't know about you but to me, this week is one of the most boring one for equity markets. Wall Street rebounded overnight. Big deal! The numerous companies that have reported second quarter earnings much - some even much, much - better than consensus ...

TGM wins Asset Super mandate

RUTH LIEW  |  WEDNESDAY, 29 JUL 2009
Tactical Global Management has been awarded a mandate to manage the $1.1 billion Asset Super's currency overlay for its international equities and alternatives portfolios. Asset Super had previously employed State Street Global Advisors to manage the ...

CalPERS portfolio drops 23pc

COMPANY RELEASE  |  TUESDAY, 28 JUL 2009
The value of the California Public Employees' Retirement System (CalPERS) assets dropped more than 23 per cent to $220 billion in a year to June, the fund's most radical drop in valuations in a single year. While the pension fund's asset values dropped ...

Market Wrap - Midday

AAP  |  MONDAY, 27 JUL 2009
The Australian sharemarket was over one per cent higher at noon, trading almost at a nine month high, as Rio Tinto and other commodity-related stocks gained. At 1200 AEST, the benchmark S&P/ASX200 was up 47.5 points, or 1.16 per cent, at 4137.3 while ...