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Showing 5211 - 5220 of 5460 results for "Dom"

Afternoon market wrap: Shares, bonds close down

The Australian sharemarket closed weaker today as blue chip stocks continued to absorb last week's news of an official rate hike. The benchmark S&P/ASX 200 index ended down 18.4 points at 3230.1 while the all ordinaries index fell 17.4 points to 3248.1. ...

RBA says little to be gained by delaying rise in interest rates

AAP  |  MONDAY, 10 NOV 2003
The Reserve Bank of Australia (RBA) said today there would have been little to be gained in delaying a rise in interest rates, given the stronger growth prospects both domestically and abroad. The RBA said in its November Statement on Monetary Policy ...

Australian equities may under-perform as a result of rising interest rates

The Australian equity market is likely to under-perform other markets over the coming year as a result of the fact that the Australia has been the first major economy to begin a tightening cycle. QIC senior economist Beverley Morris said there is historically ...

Afternoon market wrap: Shares, dollar end higher

The Australian share market made it into positive territory just before the close of trading today, despite being weighed down by the banking sector for most of the session. Gains by market heavyweight News Corp and resource stocks managed to reverse ...

Midday Market Wrap: Dollar weaker, but responding to low unemployment rate

The Australian dollar was weaker at noon but had jumped higher on news that Australia's unemployment rate had plunged to a near 14-year low of 5.6 per cent in October. At 1200 AEDT the Australian dollar was trading at $US0.7094/99 compared with yesterday's ...

Shake-up at QIC

Queensland Investment Corporation (QIC) has consolidated its international and domestic equities divisions, creating a global equities division under the management of John Gethin-Jones. Matthew Jeremy, the former head of QIC's international equities ...

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened slightly weaker today but was remaining buoyant within close proximity of six-year highs after jumping one US cent yesterday in response to a surprise interest rate hike. At 0700 AEDT the Australian dollar was trading at ...

RBA decision takes economists by surprise

The RBA's decision to increase the official cash rate by 25 basis points to five percent has come as a surprise and shock to many, but the overall view is that the central bank is essentially easing its foot off the accelerator rather than slamming ...

RBA lifts cash rate to 5.00%

The Reserve Bank of Australia (RBA) today raised the official cash rate by 25 basis points to 5.00 per cent. The move is the RBA's first shift in monetary policy for 17 months. In a statement, the central bank said interest rates had been set low in ...

Morning market wrap: US stocks head lower on disappointing jobs data

U.S. stocks slipped on Tuesday as investors caught their breath after pushing major market gauges to fresh 2003 highs in the previous session and awaited more earnings and economic data later this week. The Dow Jones industrial average closed down 19.63 ...