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Market Wrap AM

AAP  |  TUESDAY, 4 NOV 2014
... Sydney eased 0.36 per cent, or 19.7 points, to 5,506.9 on Monday, while Seoul dropped 0.58 per cent, or 11.46 points, to close at 1,952.97. Hong Kong ended 0.34 per cent lower, dipping 82.09 points to 23,915.97. But Shanghai closed 0.41 per cent higher ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million ...

Market Wrap AM

AAP  |  MONDAY, 3 NOV 2014
... seven points above its prior peak, while the tech-rich Nasdaq Composite rose 64.60 (1.41 per cent) to 4,630.74, its highest close of the year. The BoJ announced on Friday it would add up to Y20 trillion ($A211.09 billion) to its current asset-buying ...

Financial Standard unveils Digital Dozen in social media

STAFF WRITER  |  FRIDAY, 31 OCT 2014
... importantly though they take the time to understand their customer, not simply via a pre-SOA fact find, but by truly getting close to their customer and understanding their preferences around service and communication. Our 2014 nominees certainly lead ...

Market Wrap AM

AAP  |  FRIDAY, 31 OCT 2014
The Australian market looks set to open higher after Wall Street rallied as data showed faster-than-estimated economic growth, fuelling speculation the economy is strong enough to withstand higher interest rates. At 0812 AEST on Friday, the December ...

Market Wrap AM

AAP  |  THURSDAY, 30 OCT 2014
... Street, as traders await interest rate news from the US Federal Reserve. Tokyo gained 1.46 per cent, or 224.00 points to close Wednesday at 15,553.91 while Seoul jumped 1.84 per cent, or 35.49 points, to end on 1,961.17. Hong Kong was up 1.27 per cent ...

Market wrap

AAP  |  WEDNESDAY, 29 OCT 2014
... office spaces. In the US overnight, the Dow Jones Industrial Average on Tuesday rose 1.12 per cent to 17,005.75, its first close above 17,000 since early October. Investors are awaiting the US central bank's Federal Open Market Committee's decision on ...

NAS grows assets under custody

JAMES FERNYHOUGH  |  WEDNESDAY, 29 OCT 2014
... 2013 - a leap which was helped by winning the business of industry fund HOSTPLUS. Overall, Australian custodians now hold close to $2.5 trillion. HSBC retained its position as the major sub-custodian in Australia, safe-guarding $684 billion for non-Australian ...

Market wrap

AAP  |  WEDNESDAY, 29 OCT 2014
The Australian market looks set to open higher after strong performances on Wall Street as US company quarterly results began flowing in and investors awaited a key meeting of the Federal Reserve. At 0645 AEST on Wednesday, the December share price ...

China's mean regression

BENJAMIN ONG  |  TUESDAY, 28 OCT 2014
The suspense is chillingly killing... you could almost taste it by just looking at Wall Street's performance last night. It was decidedly undecided. Two ups and two downs. The Dow and the Nasdaq both finished 0.1% on the up while the S&P 500 and the ...