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Market wrap - midday

AAP | WEDNESDAY, 2 MAY 2007

... prices rallied almost three per cent in London, bolstered by strong growth signs from the United States and a mine strike in Peru, although lead and aluminium both lost ground. Locally, the big miners both were higher at 1022 AEST, with BHP Billiton ...

Daily economic update

BENJAMIN ONG | TUESDAY, 9 MAY 2006

Financial markets await tonight's unveiling of the country's federal budget and tomorrow night's monetary policy deliberation by the US Federal Reserve. Australian Federal Treasurer Peter Costello will announce his 11th Budget tonight in Canberra where ...

Dollar looks set for more solid gains

... 0.6%, South Korea at 3.75%, Taiwan at 1.4%, Thailand's 1.3%, Malta at 3%, Argentina at 1.3%, Chile at 2.8%, Mexico at 4.5%, Peru at 2.8% or Venzuela at 1.6%. "The stunningly high real and nominal yields in Australia will act as a beacon for global fund ...

APEC will seek to exorcise the failures of WTO Cancun

... up in Cancun recently. The keynote speakers at the conference will include the presidents of Russia, the USA, South Korea, Peru, Mexico, Chile, China and the prime ministers of Singapore, Thailand and Japan.

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Mercer rolls out new corporate super plan

ANDREW MCKEAN

Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super.

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN

The mega super fund has added to its list of exclusions, to come into effect from July 1.

Insignia FUM grows by $11bn, completes platform migration

ELIZA BAVIN

Insignia Financial has given a quarterly business update, seeing funds under management grow 3.9% to $312.3 billion.

Former Diverger managing director joins VBP

JAMIE WILLIAMSON

David Carney is stepping back from managing Vital Business Partners (VBP), appointing Nathan Jacobsen to take over as chief executive.

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