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China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
Sanctions? You call that sanctions? Putin must be LOL-in' after hearing the news that Europe has imposed "sanctions" by freezing the assets of 21 Russian and Crimean officials and imposing travel bans on them. The US imposed the same "sanctions" on ...

Market wrap PM

AAP  |  MONDAY, 17 MAR 2014
The sharemarket is higher after a stabilisation in iron ore prices helped lift resources stocks. Iron ore prices recovered slightly on Wednesday after falling sharply on Monday and Tuesday, amid disappointing Chinese export numbers. IG market strategist ...

AustralianSuper insurance premiums to rise by 35%

LAURA MILLAN  |  FRIDAY, 14 MAR 2014
AustralianSuper will substantially increase its death and total and permanent disablement (TPD) insurance premiums due to rising policy costs. The 35% price hike is due to come in at the end of March and was confirmed by AustralianSuper group executive ...

T. Rowe Price hires former AllianceBernstein trader

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
T. Rowe Price has appointed Richard Nelson as its new Australian-based buy side equities trader. Nelson will oversee trading in Australian and New Zealand listed securities, working closely with head of Australian equities Randal Jenneke. Nelson was ...

Auction items for FICAP announced

ALICE URIBE  |  FRIDAY, 14 MAR 2014
... socially excluded children and young people in the La Perouse and surrounding areas of NSW. This charity is offering and up close and personal experience with Sydney Swan legend and Brownlow medallist Adam Goodes amongst other prizes. YWCA NSW which ...

This means war (again)

BENJAMIN ONG  |  FRIDAY, 14 MAR 2014
Nah, I'm not falling for that one again. No mas Virginia! Equity markets closed (to borrow Coles new ad) "down, down, deeper and down" overnight. The headlines have easily pinpointed the cause... "U.S. Stocks Retreat, Treasuries Rally on Ukraine, China" ...

Market wrap PM

AAP  |  THURSDAY, 13 MAR 2014
The sharemarket is higher after a stabilisation in iron ore prices helped lift resources stocks. Iron ore prices recovered slightly on Wednesday after falling sharply on Monday and Tuesday, amid disappointing Chinese export numbers. IG market strategist ...

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
Citigroup has continued its rapid ascension in the Australian custody market, growing by 19.4% over the past six months, according to figures released by the Australian Custodial Services Association (ACSA). In the first half of the 2013-14 financial ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... after assuming the post in September last year, Governor Graeme explicitly stated that, "we would like to keep inflation close to the 2% mid-point". Oh yes, both measures of NZ inflation - headline and core - have been accelerating of late and inching ...

Market Wrap AM

AAP  |  THURSDAY, 13 MAR 2014
... a point. The tech-heavy Nasdaq composite also finished higher. The S&P 500 index added 0.57 points, or 0.03 per cent, to close at 1,868.20. The Dow Jones industrial average lost 11.17 points, or 0.1 per cent, to 16,340.08. The Nasdaq composite rebounded ...