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Market Wrap - Morning

AAP  |  MONDAY, 30 JUL 2012
... the US reported better than expected growth in the second quarter. London's benchmark FTSE 100 index rose 0.97 per cent to close at 5,627.21 points as the focus in the British capital turned towards the start of the Olympic Games. The Paris CAC 40 jumped ...

Market Wrap

AAP  |  FRIDAY, 27 JUL 2012
... after Standard & Poor's put Caltex's credit ratings on a negative watch after the company on Thursday announced it would close its Kurnell refinery. S&P said it was concerned about Caltex possibly needing to raise money for its proposed supply chain ...

ASIC boosts Stronger Super education program

LINDA HAUSKEN  |  FRIDAY, 27 JUL 2012
... feedback through its usual formal consultation process. "The new Stronger Super reforms are a major focus for us, and our close interaction with industry through this process will help drive better outcomes for industry and their clients," said Greg ...

Believe

BENJAMIN ONG  |  FRIDAY, 27 JUL 2012
"C'mon baby light my fire..." That exactly was what European Central Bank (ECB) President Mario Draghi did when he spoke at the Global Investment Conference in London last night. Read his lips: "To the extent that the size of these sovereign premia ...

Market Wrap

AAP  |  FRIDAY, 27 JUL 2012
The Australian market looks set to open higher after Wall Street and European bourses rose strongly after the European Central Bank chief Mario Draghi pledged full support for the euro. At 0800 AEST on Friday, the September share price index futures ...

Model FATCA intergov agreement imminent

MELANIE TIMBRELL  |  THURSDAY, 26 JUL 2012
... reporting of their information to the US government. If they refuse to provide this waiver, then the institution is required to close the account, according to a Deloitte fact sheet on the FATCA regime.

Market Wrap

AAP  |  THURSDAY, 26 JUL 2012
... points, at 8365.90, Seoul fell by 1.37 per cent, or 24.62 points, to 1769.31, and Sydney lost 0.23 per cent, or 9.3 points, to close at 4123.9. Hong Kong closed 0.14 per cent lower, shedding 25.87 points to 18,877.33, and Shanghai eased by 0.49 per cent ...

Market Wrap

AAP  |  WEDNESDAY, 25 JUL 2012
... record low versus the US dollar on persistent eurozone tensions with Spanish borrowing costs still at danger levels. At the close, London's benchmark FTSE 100 index of top companies was down 0.63 per cent at 5,629.09 points. In the US, the Dow Jones ...

J.P Morgan expands investor team

LINDA HAUSKEN  |  WEDNESDAY, 25 JUL 2012
J.P. Morgan Worldwide Securities Services has named Marian Azer as head of its Global Fund Services product division for Australia and New Zealand. Prior to joining J.P Morgan, Azer was with Mercer where she held the role as a principal, leading operational ...

Market Wrap

AAP  |  WEDNESDAY, 25 JUL 2012
... record low versus the US dollar on persistent eurozone tensions with Spanish borrowing costs still at danger levels. At the close, London's benchmark FTSE 100 index of top companies was down 0.63 per cent at 5629.09 points, Frankfurt's DAX 30 fell 0.45 ...