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| | | ... 0.01 per cent, to 1,314.99. The tech-laden Nasdaq Composite lost 13.70 points, or 0.48 per cent, to 2,831.02. In Europe, agency Fitch Ratings cut Spain's credit rating by three notches to just above junk bond status. In local trading, gold major Newcrest ... |
| | | | ... are not too many areas that have escaped a trimming." The local market opened lower after China's state-run Xinhua news agency reported China's government did not plan to introduce stimulus measures on the same scale as it did in 2008. BHP Billiton fell ... |
| | | | ... is causing a "flight-to-quality", according to Robert Mead, PIMCO's head of portfolio management in Australia. Ratings agency Moody's said it had maintained France's top rating but kept the outlook at 'Negative', noting that while new president Hollande ... |
| | | | ... authorities scrambled for a rescue. Central banks stimulated led by the Fed's reinvestment of "principal payments from agency debt and agency mortgage-backed securities in longer-term Treasury securities." So much so that scaredy cats who sold the S&P ... |
| | | | ... following 11 years with the firm. Six equities funds were put on hold yesterday following the announcement, with ratings agency Standard & Poors concerned that, coming on the back of deputy chief investment officer Jack Lowenstein's resignation in November ... |
| | | | ... budget. Treasurer Wayne Swan welcomed the news and said the appointment of Kim is an excellent addition for the development agency. "While the other candidates were strong contenders, Jim Kim will make an excellent addition to the World Bank," said Minister ... |
| | | | ... manager for the T. Rowe Price Global Technology Fund will take over Gensler's responsibilities in other regions. Ratings agency Van Eyk, which announced the retirement yesterday said there would be no change to the high ratings of the fund. "We have ... |
| | | | ... in September. The Committee is maintaining its existing policies of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities ... |
| | | | ... notes 6% each with 1% in other securities types, according to the Australian Office of Financial Management, the government agency with responsibility for managing this debt. Three quarters of this debt is in the hands of overseas investors, said Dr ... |
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