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| | | The Australian dollar dipped to its lowest level for the year overnight and could fall further over the next few months if the US dollar continues to strengthen on the prospect of a US interest rate hike. At 0900 AEST the local currency was trading ... |
| | | | Telstra today topped market expectations, reporting third quarter sales revenue had risen by 1% to $5.014 billion. The result compares to market expectations of an increase between 0.4-0.5%. Underlying sales revenues for the three months ended March ... |
| | | | Australian stocks should gain ground after blue chips on Wall St posted modest gains on Friday night, while base metal prices ended higher on the London Metal Exchange. Last Friday, a profit warning from National Australia Bank weighed down the Australian ... |
| | | | The Australian dollar began the week firmer after the United States dollar gave up recent gains following the release of weaker-than-expected US economic data. At 0700 AEST the local currency was trading at $US0.7446/55, compared with Friday's close ... |
| | | | Shares in National Australia Bank dived more than 2.5% when it warned its first half cash earnings would fall by as much as 5%. The bank, embroiled in a boardroom battle after a forex trading scandal cost it $360 million, said cash earnings after significant ... |
| | | | Hedge funds returned 0.29% in March, outperforming broad market indices, which produced negative returns in the month, according to US-based Hennessee Group. The March rise in the Hennessee Hedge Fund Index, a weighted average of the 24 Hennessee hedge ... |
| | | | The Australian dollar fell by more than one and a half US cents overnight to open weaker, having lost ground against a surging US dollar and other currencies. This follows a loss of as much as two US cents by the local currency yesterday. At 0700 AEST ... |
| | | | A 1.9% gain in March earned the IOOF/Perennial Balanced Fund the status of best performer in Mercer Investment Consulting's monthly survey of pooled funds, which look set to reward superannuation investors with double-digit returns for the 12 months ... |
| | | | Initial public offerings (IPOs) rebounded in the first three months of this year from a dearth a year earlier, putting them on course to challenge the record number for the 12 months to June 30 set during the dotcom boom of 1999-2000, a survey this ... |
| | | | Australia's unemployment rate was a seasonally adjusted 5.6% in March, compared with an unrevised 5.9% rate in February, the Australian Bureau of Statistics said. Total employment rose by 66,900 to 9.637 million, adjusted. Of this, full time employment ... |
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