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The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
Who's afraid of sequestration? Not Wall Street it seems. The US$85 billion in spending cuts known as 'sequestration' came into effect last Friday, the 1st of March. Yes, that one. That unkind cut that the IMF predicts will shave half a percent to its ...

Market Wrap

AAP  |  MONDAY, 4 MAR 2013
... the market on Friday closed almost half a per cent lower as the major resources companies dragged the index down. At the close, the benchmark S&P/ASX200 index was 18 points, or 0.35 per cent, lower at 5,086.1 while the broader All Ordinaries index was ...

Market Wrap

AAP  |  FRIDAY, 1 MAR 2013
The Australian share market is trading lower following negative leads from overseas markets. At 1200 AEDT on Friday, the benchmark S&P/ASX200 index was down 26 points, or 0.51 per cent, at 5,078.1 points, while the broader All Ordinaries index had reversed ...

Wealth Enhancers boosts team with AFL talent

LAURA MILLAN  |  FRIDAY, 1 MAR 2013
Financial advice firm Wealth Enhancers is focusing on working out a financial plan for professional athletes and has employed ex-footballer Ben Warren as relationship manager within the Sports and Entertainment department. Warren is also a finance student ...

Strong result for AIA

BEN COLLINS  |  THURSDAY, 28 FEB 2013
Life insurer AIA Group Limited has delivered record value of new business of $1.19 billion for the year ended 30 November 2012, across the 16 markets it operates in Asia-Pacific. "AIA Australia continues to support AIA Group's strong results and record ...

Market Wrap

AAP  |  THURSDAY, 28 FEB 2013
... market on Wednesday finished higher following a strong lead from Wall Street and encouraging earnings reports locally. At the close, the benchmark S&P/ASX200 index was 33 points, or 0.66 per cent, higher at 5,036.6 while the broader All Ordinaries index ...

Valuation drop for WHK if merger falls through: Macquarie

BEN COLLINS  |  WEDNESDAY, 27 FEB 2013
... factor" in WHK decision on SGF Australia's maintainable earning and thus relative value. WHK Group shares where at $1.08 at close of trade yesterday afternoon.

ASIC speeds up misconduct probe

MARK SMITH  |  WEDNESDAY, 27 FEB 2013
The Australian Securities and Investments Commission (ASIC)'s latest report on the supervision of markets and participants shows that the regulator has significantly reduced the time it takes to start investigations of suspicious market conduct. Of ...

Market Wrap

AAP  |  WEDNESDAY, 27 FEB 2013
... surge on Monday. Sydney shed 1.03 per cent, or 52.2 points, to 5,003.6, and Seoul lost 0.47 per cent, or 9.51 points, to close at 2,000.01. Shanghai tumbled 1.40 per cent, or 32.48 points, to 2,293.34, while Hong Kong fell 1.32 per cent, or 300.39 points ...

Bernanke pours liquid over Roman burn

BENJAMIN ONG  |  WEDNESDAY, 27 FEB 2013
... Reserve Chairman Uncle Ben said: "Although a long period of low rates could encourage excessive risk-taking, and continued close attention to such developments is certainly warranted, to this point we do not see the potential costs of the increased risk-taking ...