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Daily economic update

The US Institute of Supply Management (ISM) manufacturing index fell to 55.2 in March from 56.7 in the previous month. This is below market expectations for an increase to 57.7. The latest result indicates that the US manufacturing sector continues ...

Market wrap

AAP  |  TUESDAY, 4 APR 2006
The Australian share market is expected to open firmer as commodity prices again take the lead, offsetting any investor concern about a mixed performance on US markets overnight. Australian mining stocks listed in the UK surged overnight and that momentum ...

Weekly economic round-up

The monetary policy outlook dominates this week's financial market activity with Reserve Bank of Australia, Bank of England and the European Central Bank meetings to deliberate on their respective interest rate settings. The end of last week's financial ...

Market wrap

AAP  |  MONDAY, 3 APR 2006
The Australian share market is expected to open weaker as a softer US market, as well as weakness in commodities on Friday, suggest an early negative lead for the domestic bourse. However, with expectations of an agreement on uranium sales to China ...

Daily Economic Update

Australian consumer spending continues to gain momentum and the housing slowdown looks to be nearing the end. The Australian Bureau of Statistics (ABS) latest report shows that retail sales grew by a faster-than-expected 0.7 per cent in February - the ...

Commonwealth banks on customer service and IT

The Commonwealth Bank has unveiled a four-pronged corporate strategy that includes merging two key units, improving IT and offering flexible employment in a bid to remain one of the country's leading banks. Commonwealth's chief executive officer, Ralph ...

Daily economic update

Growth in services and government spending boosted the economy of the United Kingdom to its fastest quarterly rate of growth in one year. UK GDP expanded by 0.6 per cent in the December quarter, building on the 0.5 per cent rise in the previous quarter. ...

Manage the property, don't chase the sector: Centro

Finding a country with a booming retail property sector and diverting your investment capital accordingly is not as important as the bottom up management of your direct property investments, according to Centro. On the back of its announcement that ...

INVESCO opens the new Japan to retail investors

Japanese economic and investment conditions have well and truly turned the corner and the time for retail investors to gain exposure has arrived, according to INVESCO. Chief investment officer for the INVESCO Japan team, Atsushi Kawakami, explained ...

Recovering house prices to sustain wealth affect

Using mortgage insurance demand as a leading indicator for real estate prices, PMI Mortgage Insurance (PMI) has found prices are generally moving upwards, confirming sentiment that the so-called property slowdown may be nearing an end. With real estate ...