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Market wrap

AAP  |  FRIDAY, 25 JUL 2014
... sell off," Bell Direct equities analyst Leanne Jones said. "Investors are taking profits and are being cautious ahead of next month's reporting season." The majority of companies on the market will publish their latest financial results in August, and ...

Wall Street snubs the IMF

BENJAMIN ONG  |  FRIDAY, 25 JUL 2014
... a less optimistic outlook for several emerging markets. With somewhat stronger growth expected in some advanced economies next year, the global growth projection for 2015 remains at 4 percent." This is the first bullet point one will read when one clicks ...

YBR adopts cloud-based planner software

STAFF WRITER  |  THURSDAY, 24 JUL 2014
... financial officer Richard Shaw said. "We now have a solution that has the capacity to adapt to our changing needs over the next ten plus years, not just a stopgap measure to get us through the next couple of years," he explained. He said that the software ...

Packer launches $200 million philanthropic fund

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
... billionaire James Packer has launched a $200 million philanthropic fund to support the arts and Indigenous education for the next 10 years. The Foundation will be funded jointly by the Packer Family Foundation and the Crown Resorts Foundation - which ...

Bravura adds new global product development role

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
... insurance solution. Waddy, who has been with the company for more than six years, will transition into the post over the next two months. He will relocate to the APAC region in September to be closer to the Sonata development teams and R&D centres in ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
... printed at plus 5 in July - unchanged form April but down from plus 8 in January. It's expected to fall to plus 3 in the next quarter (October survey). The household demand index dropped to minus 10 in July from plus 20 in April and plus 11 in January ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
Headlines upon headlines remains littered with MH17 and what happens next as the international community vents its anger on Russia. 'twas these headlines that reportedly downed Wall Street overnight. But we surely know what comes after the dip, 'eh ...

PROFILE: Head of Australian operations at Western Asset Management Anthony Kirkham

ALICE URIBE  |  MONDAY, 21 JUL 2014
... operations at Western Asset Management is due to celebrate his 15th anniversary at the US$490 billion fixed income manager next month. In this time Western Asset has enjoyed sustained growth, even during the difficult global financial crisis period. ...

Down one day, dip buying the next

BENJAMIN ONG  |  MONDAY, 21 JUL 2014
... days - up by 0.15% on the 11th (Friday) and up 0.48% on the 14th (Monday). The S&P 500 got into a bit of bother again the next day (on the 15th) when the headlines talked about Yellen talkin' 'bout "...valuation metrics in some sectors do appear substantially ...

PIMCO names new head of Australia

MARK SMITH  |  THURSDAY, 17 JUL 2014
... Asia-Pacific senior leadership team and his hiring further strengthens our leadership team and capabilities as we move into the next phase of these ongoing efforts," Mogelof said. PIMCO head of global wealth management for Australia Peter Dorrian added ...