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| | | The Volcker rule intended to be help protect banks from future failure is being torn between critics who think it will gut the US corporate bond market and Congressmen who think it still contains too many loopholes. Meanwhile, former US Treasury Secretary ... |
| | | | ... and falls on major European bourses as the region's leaders met to try to resolve the relentless debt crisis now threatening big nations such as France. At 0800 AEDT on Wednesday, the December share price index futures contract was down 24 points at ... |
| | | | This morning I woke up to Reuter's headline screaming, "Stocks slide on weak US growth data" and Bloomberg's "European Stocks Drop as Euro Area Borrowing Costs Rise; Commerzbank Slumps". What could have scared the equities markets off again this time ... |
| | | | ... after reporting a 30 per cent lift in first half net profit. The stock was up seven cents, or 4.29 per cent, at $1.70. The big retail banks were mostly lower. ANZ was down 18 cents at $19.57, CBA had fallen 29 cents to $47.26, NAB was off 28 cents at ... |
| | | | ... to reduce benefit spending without tax increases. No give and take - it must be an election year. No give and take spells big trouble. Well... this is only troubling in that it reminds investors of the consequences of political gridlock on America's ... |
| | | | The Australian dollar has fallen to its lowest level in six weeks as ongoing debt problems in the US and Europe dampen risk sentiment on global markets. HiFX senior trader Stuart Ive said a raft of negative headlines last night pushed world financial ... |
| | | | SYDNEY - The Australian market looks set to open flat. At 0641 AEDT on Monday, the December share price index futures contract was UP one points at 4,182. In economic news on Monday, Reserve Bank of Australia (RBA) assistant governor (financial markets) ... |
| | | | MELBOURNE, Nov 18 AAP - The Australian share market at noon had not recovered from the morning's losses. Local investors were retreating from risk following tension between European leaders overnight. At 1223 AEDT on Friday, the benchmark S&P/ASX200 ... |
| | | | Financial advisers need to do more to switch Australians on to their insurance needs. That's according to Tim Browne, general manager, Retail Advice, CommInsure, who told advisers at Sydney's CommInsure roadshow that underinsurance is one of the biggest ... |
| | | | ... to raise fresh funds. Market watchers are waiting for Italy's new leader Mario Monti to appoint a new cabinet. Australia's big miners led the small local gains, with BHP Billiton shares up 48 cents, or 1.3 per cent, at $37.36, while Rio Tinto shares ... |
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