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Showing 5361 - 5370 of 6940 results for "% December"

Market Wrap - Morning

AAP  |  TUESDAY, 10 FEB 2009
The Australian share market is likely to open flat as Wall Street awaits details of the US government's overhaul of a $US700 billion ($A1.04 trillion) financial rescue program. At 0700 AEDT on the Sydney Futures Exchange, the March SPI futures index ...

No mandate terminations: Hostplus

RUTH LIEW  |  MONDAY, 9 FEB 2009
The $7 billion industry fund Hostplus has no intentions of terminating any of its investment mandates despite the losses it suffered on them last year. Sam Sicilia, chief investment officer of Hostplus, said the industry fund is not actively looking ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
In a weekend interview on ABC Television, US National Economic Council Director Lawrence Summers said "We'll see what happens" and "We'll do what's necessary." This is one of the reasons why I've turned. For once, I believe the powers that be. There ...

Focus on the good

BENJAMIN ONG  |  FRIDAY, 6 FEB 2009
Whew! Finally a bit of good news. Or rather investors chose to see the good rather than the bad. US equities closed last night's trading up more than 1 per cent, reversing early losses brought on by reports that initial jobless benefit claims jumped ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 FEB 2009
The Australian share market has received positive leads overnight, with the major Wall Street indices all up, precious metals and oil higher, although copper was lower. At 0821 AEDT on the Sydney Futures Exchange, the March SPI futures index was 56 ...

Macquarie targets funds mgmt acquisitions

JOHN KAVANAGH  |  THURSDAY, 5 FEB 2009
Macquarie Group is aiming to take advantage of anticipated divestments of wealth management businesses by its global banking and investment banking rivals to bulk up in funds management. Macquarie Funds Group (MFG) head Shemara Wikramanayake told analysts ...

ASIC blocks $2m Storm bonus

MEDIA RELEASE  |  THURSDAY, 5 FEB 2009
The Australian Securities and Investments Commission (ASIC) has obtained a court order preventing a payment of $2 million from Storm Financial to a bank account in which is held by Emmanuel and Julie Cassimatis. The sum was transferred from a Storm ...

LUCRF lowers pension fees

RUTH LIEW  |  THURSDAY, 5 FEB 2009
The $2.4 billion LUCRF Super has slashed its fees for all its pension members from 0.9 per cent to as low as 0.2 per cent. According to a statement by the industry fund, the move comes amid plans to align LUCRF Pensions fees with its superannuation ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 FEB 2009
The Australian market has received a weak lead from Wall Street securities and with oil trading down, although precious and base metals were higher. But at 0807 AEDT on the Sydney Futures Exchange, the March SPI futures index was 15 points higher at ...

Merry Christmas retailers

BENJAMIN ONG  |  THURSDAY, 5 FEB 2009
Well there we have it ladies and gentlemen. Yesterday's Australian retail sales figures have swung the pendulum in favour of Kevin 07 and his fiscal stimulus package. The Federal Opposition has been making noises ever since the A$42 billion was first ...