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Market Wrap AM

AAP  |  TUESDAY, 8 OCT 2013
The Australian market looks set to open lower following falls on Wall Street overnight as the US budget stalemate entered its second week with the government partially shut down. At 0815 AEDT on Tuesday, the December share price index futures contract ...

Impasse ends when Wall Street says stop

BENJAMIN ONG  |  FRIDAY, 4 OCT 2013

Market Wrap AM

AAP  |  FRIDAY, 4 OCT 2013
... slid while the euro continued to rise against the greenback as the US government shutdown dragged on for a third day. At close in Europe, London's benchmark FTSE 100 index edged up 0.18 per cent to 6,449.04 points, as traders shopped for bargains after ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN  |  THURSDAY, 3 OCT 2013
Industry superannuation funds associations are asking financial planners who provide self-managed superannuation fund (SMSF) advice to undertake a different and more specialised training than those who advice on funds regulated by the Australian Prudential ...

Gone fishin'

BENJAMIN ONG  |  THURSDAY, 3 OCT 2013

Market Wrap AM

AAP  |  THURSDAY, 3 OCT 2013
... shutdown. Hong Kong ended 0.55 per cent, or 124.62 points, higher at 22,984.48, Sydney added 0.17 per cent, or 8.8 points, to close at 5,215.6 while Seoul edged up 0.60 points to 1,999.47. But Tokyo tumbled 2.17 per cent, or 314.23 points, to 14,170.49 ...

Tyndall AM appoints COO

LAURA MILLAN  |  WEDNESDAY, 2 OCT 2013
Tyndall Asset Management has appointed a chief operating officer with a wide experience in Asia and the United States. Paddy Subbaraman has joined Tyndall AM as chief operating officer and Tyndall managing director Mike Davis said that his experience ...

Central banks rule

BENJAMIN ONG  |  WEDNESDAY, 2 OCT 2013
"When the night has come And the land is dark And the moon is the only light we'll see No I won't be afraid Oh, I won't be afraid Just as long as you stand, stand by me." - Ben E. King How serendipitous is it, 'ey? It's Ben all around. This little Ben ...

Market Wrap AM

AAP  |  WEDNESDAY, 2 OCT 2013
... dramatic US government shutdown, on hopes of a settlement to Italy's political crisis. Milan's FTSE-Mib jumped 3.11 per cent to close at 17,977 points on hopes Prime Minister Enrico Letta will survive a confidence vote as support for former premier Silvio ...

Senate to question ASIC over alleged RBA corruption

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will "no doubt" question the regulator over its failure to act on the alleged corruption within subsidiary companies of the Reserve Bank of Australia ...