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| | | ... Europe's kinder surprise on the last day of the last trading week of the last month of the second quarter. Wall Street gained big time - the Dow ended 2.2% up, the S&P 500 closed 2.5% higher and the Nasdaq surged by 3.0% after the European Union (EU) ... |
| | | | ... handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 by minister Bill Shorten as part ... |
| | | | ... Why? There must be some reason beyond portfolio rebalancing or window dressing or speculators taking their profits ahead of a big decision in Europe. The third revision of first quarter US real GDP growth was released. No, not that it was unchanged at ... |
| | | | ... euro fell to $US1.2582 from $US1.2702 late on Wednesday in New York. HONG KONG - Asian markets slipped on Friday following big losses on Wall Street following weak manufacturing data from China and Europe and downgrades for 15 of the world's biggest ... |
| | | | ... region, said Aris Vatis, a Fidelity Worldwide Investments equities portfolio manager who specialises in US equities. "The big multinationals like Coca Cola, Johnson & Johnson and McDonalds now generate large portions of their revenue from emerging markets ... |
| | | | ... (nay, speculators) not wanting to get whipsawed by a surprise QE - or whatever counter measure - announcement following a big drop in equity prices. Certainly, S&P/Case Shiller composite index of US house prices made for good reading. House prices rose ... |
| | | | ... end of the financial year, but not as bad as it could have been. "Markets were quite soft overnight," he said. "We saw some big losses again in Europe and the US, there's ongoing concerns about the health of the European Union and there's scepticism ... |
| | | | ... 'crisis moment' that pushes the region that shares a single currency into a unified course of action. Equity markets dropped big time overnight from New York to Rio and old London town - and of course, the Eurozone - for unlike previous episodes when ... |
| | | | ... another of last week's dashed expectations. No kinder surprise from the Fed, just the obligatory extension of the twist. Yes, Big Ben was obliged to maintain the status quo else there'll be hell to pay should the markets sell-off big time and rev up ... |
| | | | Self-managed super funds are the biggest superannuation sector by dollars and will be major beneficiaries of the SuperStream reforms and so should contribute to the levy being imposed on other fund members, argues the AIST. Australian Institute of Superannuation ... |
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