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Sentiment slips on oil

BENJAMIN ONG  |  THURSDAY, 24 FEB 2011
Months of anxiety over rising inflation, speculation over near-term hikes in interest rates (in the developed economies) and/or actual hikes in interest rates (in emerging markets), lingering doubts over the US recovery, policy mistake and then a hard ...

PE-Backed IPO exits top $10bn in 2011 YTD

ALEX DUNNIN  |  THURSDAY, 24 FEB 2011
Global private equity IPO exits hit $39 billion last year and is already $10 billion year to date 2011. Preqin, a research firm that specialises in the alternative investments sector, has just released a survey showing that there were 145 IPO exits ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 FEB 2011
... violent unrest in Libya was only partially offset by positive European economic news, dealers said. London's FTSE 100 index of top shares fell 1.12 per cent to 6,014.8 points after hitting its highest level since May 2008 earlier in the day when it peaked ...

Low contrib caps slam brakes on SMSFs

MICHELLE BALTAZAR  |  MONDAY, 21 FEB 2011
... Limited (SPAA), together with Russell Investments, found that around half of SMSF trustees would have contributed extra, on top of the limits allowed, to their SMSF in the last financial year had the restriction not applied. This was after the government ...

Market Wrap - Morning

AAP  |  MONDAY, 21 FEB 2011
... about the likelihood of further monetary tightening and as traders anticipated a 23-billion-yuan($A3.47 billion) bond issue by top Chinese refiner Sinopec. Hong Kong rose 1.26 per cent, or 293.4 points, to 23,595.24, partly lifted by banking giant HSBC ...

BNP enjoys wealth lift

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
... Pacific during 2011. "The division will capitalise on the existing organisation in Asset Management, improve its position in the top five private banks in Hong Kong and Singapore, maintain its drive in insurance in India, Japan, Korea and Taiwan and ...

Market Wrap - Morning

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
... day. In Paris, the CAC 40 was up a mere 0.02 per cent to finish at 4,152.31 points, but that one point gain was enough to top Wednesday's close, the highest since September 2008. Frankfurt's DAX 30 also traded in a narrow range but it finished down 0.12 ...

Macq High Conviction predicts 2012 rally

MATT WOODINGTON  |  THURSDAY, 17 FEB 2011
The fund manager of a top performing high conviction fund predicts the ASX200 is unlikely to hit the 6,000 mark this year - but forecasts a return to the market's former levels soon after. Mark Harrison, fund manager of the Macquarie High Conviction ...

Market wrap

AAP  |  THURSDAY, 17 FEB 2011
... start on Wall Street, bringing the French and German markets to levels unseen since 2008. In London the FTSE 100 index of top shares reversed Tuesday's losses, finishing up 0.80 per cent at 6,085.27 points. Banks were among the main gainers, following ...

Trouble not terribly troubling

BENJAMIN ONG  |  THURSDAY, 17 FEB 2011
Dip buyers are coming out on top in the current financial market stakes. Perhaps they're even secretly hoping for a repeat of that 1.8 per cent one-day drop in the S&P 500 index late last month - back when Egyptians first tried to prise Pharaoh Mubarak's ...