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Market Wrap AM

AAP  |  WEDNESDAY, 10 JUL 2013
... program. Tokyo rose 2.58 per cent, or 363.56 points, to 14,472.90, while Sydney climbed 1.50 per cent, or 72.2 points, to close at 4,881.7. Seoul ended up 0.37 per cent Hong Kong climbed 0.46 per cent, or 100.82 points, to 20,683.01 and Shanghai was ...

Newpin SBB benefits from international legal expertise

JAMES FERNYHOUGH  |  TUESDAY, 9 JUL 2013
Law firm Allen & Overy has announced that it has advised Social Ventures Australia on their $7 million Social Benefit Bond (SBB), issued earlier this year. The SBB is the first of its kind in Australia, and will fund the UnitingCare Burnside Newpin ...

Market Wrap

AAP  |  TUESDAY, 9 JUL 2013
Australian stocks have opened higher following a positive lead from global markets overnight. The market is up close to one per cent, more than offsetting Monday's 0.6 per cent losses. CommSec market analyst Steven Daghlian said Australian stocks were ...

Market Wrap AM

AAP  |  TUESDAY, 9 JUL 2013
... Portugal's political crisis, dealers said. London's FTSE 100 index of leading companies ended 1.17 per cent higher on Monday, to close at 6,450.07 points compared with Friday's closing level. Frankfurt's DAX 30 gained 2.08 per cent to 7,968.54 points ...

Dismiss fixed income at your peril

MARK SMITH  |  MONDAY, 8 JUL 2013
... comments from US Federal Reserve chairman Ben Bernanke have signaled a possible tapering of quantitative easing before the close of 2013, the spectre of rising bond yields should not cause investors undue concern, Bell said. "Many advisers have a binary ...

Market Wrap AM

AAP  |  MONDAY, 8 JUL 2013
... sent US Treasury yields sharply higher. But, after a mid-morning dip, stocks pulled back and stayed higher through to the close.. LONDON - European stocks slumped, spooked by US jobs data and a day after surging on clear signs that the European Central ...

Improving picture paints a taper

BENJAMIN ONG  |  MONDAY, 8 JUL 2013
Who's scared of Fed taper? Not Wall Street...not anymore, gauging from it's performance last week. The Dow ended 1.6% higher, the S&P 500 closed 1.5% on the plus and the Nasdaq turned in a positive 2.2%. All in a week that, on balance, gave you, I and ...

Market Wrap

AAP  |  FRIDAY, 5 JUL 2013
The Australian share market has opened close to one per cent higher, continuing the week's trend of significant moves both higher and lower. A day of gains on Friday to follow Thursday's rises would end the trend of one day of heavy losses being following ...

Market Wrap AM

AAP  |  FRIDAY, 5 JUL 2013
The Australian market looks set to open higher following gains on most European markets after the eurozone and British central banks signalled that stimulus measures would continue for some time and ahead of official US employment figures for June. ...

Macquarie leads global infra cap raising

ALEX DUNNIN  |  THURSDAY, 4 JUL 2013
... up 76% on the same period last year. Macquarie European Infrastructure Fund IV was the largest vehicle to reach a final close in May, raising a,-2.75 billion (A$3.6 billion) in investor capital, reported Preqin. Other significant capital raisers were ...