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Market Wrap

AAP  |  FRIDAY, 31 MAY 2013
The Australian share market is set to open higher after a rise on Wall Street overnight. Disappointing US economic data pushed Wall Street higher on hopes the US central bank will continue with its economic stimulus program. At 0800 AEST on Friday ...

Volatile safe-haven bonds

BENJAMIN ONG  |  THURSDAY, 30 MAY 2013
Times like these, I really wish I had a twitter account and most importantly...know how to use it. Then I could just hashtag "what I said yesterday" and I'm done. Finito. Wall Street closed down overnight from up the night before. Like I said, markets ...

Market Wrap

AAP  |  THURSDAY, 30 MAY 2013
The Australian share market is set to open lower as forecasts of slower global economic growth caused falls on overseas markets. At 0755 AEST on Thursday, the June share price index futures contract was down 22 points at 4,959. Wall Street and European ...

ACR files claim against The Trust Company

LAURA MILLAN  |  WEDNESDAY, 29 MAY 2013
A debenture holder of Australian Capital Reserve (ACR) filed a legal claim in the Federal Court of Australia against The Trust Company (Nominees), a wholly owned subsidiary of The Trust Company. ACR entered on voluntary administration on May 27, 2007 ...

Investment in alternative assets on the rise globally

JAMES FERNYHOUGH  |  WEDNESDAY, 29 MAY 2013
... Asia, and 28% in the Americas. Overall, 72% of respondents expressed most interest in real estate, with infrastructure a close second. Commodities were least appealing, attracting 18% of respondents. Meanwhile, the bond market is keeping its hold on ...

Abenomics strengthens investment ties with Japan

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
... that cost-cutting within the asset management industry in the wake of the global financial crisis (GFC) led many to simply close down their Japanese investment teams. "Institutions have taken their eye off the ball," he said. Joining the presentation ...

Li gets what Li likes

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2013
Nothing beats a three-day long weekend break to put things back into perspective it seems. Wall Streeters returned from the "Memorial Day" holiday with a bounce in their steps sending America's benchmark indices on a rebound. The Dow closed 0.7% up ...

Market Wrap

AAP  |  WEDNESDAY, 29 MAY 2013
... bond-buying program and relief that Japan's stock market rose Tuesday. LONDON - Europe's main stock markets rebounded to close markedly higher, boosted by better-than-expected US data and what market watchers interpreted as indications of continued central ...

Market Wrap

AAP  |  TUESDAY, 28 MAY 2013
... cent to reach 8,383.3 points, while in Paris the CAC 40 index of leading shares gained 0.97 per cent to 3,995.16 points - close to the important level of 4000 points which it breached briefly recently. Milan closed up 1.55 per cent at 17,159 points and ...

EQT gives more time to The Trust Company

LAURA MILLAN  |  MONDAY, 27 MAY 2013
Equity Trustees (EQT) is giving The Trust Company shareholders more time to consider its offer, which will now close on July 31, 2013. In a letter to The Trust Company shareholders, EQT asked them to ignore the Perpetual offer to buy 100% of the shares. ...