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| | | Hints of a third round of quantitative easing from the US Federal Reserve emerged from the minutes of a Federal Open Market Committee meeting released overnight. The FOMC minutes from its June 21-22 meeting revealed that policy makers disagree on whether ... |
| | | | "And did you think this fool could never win Well look at me, I'm coming back again I'm still standing yeah, yeah, yeah I'm still standing yeah, yeah, yeah." -Elton John, I'm Still Standing Oh yeah, oh yeah. Call it short covering or call it end-of ... |
| | | | The Australian share market was weaker on Thursday following negative offshore leads overnight. At 1230 AEST, the benchmark S&P/ASX200 index was down 19.4 points, or 0.43 per cent, at 4,513.2, while the broader All Ordinaries index fell 17.8 points ... |
| | | | "People hearing without listening." Simon & Garfunkel, The Sound of Silence The US Federal Reserve has spoken - and financial markets didn't like what they heard, for they didn't listen. It was another down day on The Street after the Fed's post-FOMC ... |
| | | | The Australian market is likely to decline on Monday after US equities fell about one per cent and the price of gold and some base metals declined. At 0734 AEST on the ASX 24, the June share price index futures contract was down 35 points at 4,678 points. ... |
| | | | "We are on track for surplus in 2012-13, on time, as promised..." Pardon moi, but this to me is the only thing with a hint of significance in honourable Wayne Swan's - Australia's deputy PM and Treasurer - budget speech last night. It was a ho-hum Budget ... |
| | | | The Australian Direct Property Investment Association (ADPIA) is urging property fund managers to check that their insurance coverage is keeping pace with their changing business models. "While under-insurance is by no means confined to the property ... |
| | | | Wealth management firm Yellow Brick Road (YBR) and media company Nine Entertainment have agreed to form strategic alliance to create a "people's champion in retail financial services". Nine will invest $13 million for a 19.9 per cent ordinary shareholding ... |
| | | | Bell Asset Management has appointed two senior analysts for its global equities fund that earns three star rating from Standard & Poor's. The Melbourne-based manager, which has $3.5 billion in funds under management/administration, has added Nicole ... |
| | | | C'mon commodities! Just like equity markets, commodities have been knocked down by the recent increase in volatility but have just as quickly recovered. Commodity prices largely depend on rising demand - or more accurately, demand outstripping supply ... |
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