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| | | Australian shares have turned lower after disappointing consumer confidence data and as fresh profit downgrades from insurers and retailers weigh on the market. Shares in Wesfarmers were largely flat at $30.57 after the diversified group said it expected ... |
| | | | Schettino: "In this moment, the boat is tipping... Commander, please..." De Falco: "No, please. You now get up and go on board..." Schettino: "I am here with the rescue boats, I am here, I am not going anywhere, I am here..." This is my personally mouse-clicked ... |
| | | | Australian shares have opened lower after a downgrade of nine of the European bloc countries' credit ratings sparked a fresh wave of risk aversion ahead of more Chinese data this week. Standard & Poor's (S&P) on Friday stripped France and Austria of ... |
| | | | It's a brand new year, yet why does it feel that times are not a-changin'? The problems of 2011 merely just got carried over into 2012. And if you believe those start of the year forecasts, the times could even be a-changin' for the worse - and the ... |
| | | | So here we are... in another "waiting to exhale" moment. Like I, me and Irene expected, volatility's picked up ahead of the unveiling of yet another European Grand Plan. It's Plan Numero Five this time. And like the anticipation that went before Plans ... |
| | | | No doubt financial markets are still basking in the afterglow of last week's equity rally - which for many had been the best in more than three years. The S&P 500 index ended the week up 7.4% with the All Ords not that far behind as it posted a 7.1% ... |
| | | | Former managing director and Vanguard founder Jeremy Duffield has been appointed as a non-executive director on the MLC board. "Jeremy is an industry veteran after initially starting out as an assistant economist with the Federal Reserve Bank of Richmond ... |
| | | | The Australian market looks set to open lower after a mixed night on Wall Street and falls on major European bourses as the region's leaders met to try to resolve the relentless debt crisis now threatening big nations such as France. At 0800 AEDT on ... |
| | | | Obama in Australia may be providing us, Australians, a bit of a sideshow but for global financial markets, the game hasn't changed. It continues to be one that could be characterised as Europe pushed-US pulled. Europe pushed. Fears of a debt contagion ... |
| | | | Europe has heaved a collective sigh of relief with the news former EU commissioner Mario Monti will take over the reins as Italy's new designate leader, following the resignation of disgraced Prime Minister Silvio Berlusconi last week. Monti, a respected ... |
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