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Showing 601 - 610 of 748 results for "Senate - 52"

Future Fund offloads Telstra shares

MEDIA RELEASE  |  WEDNESDAY, 20 OCT 2010
The $67 billion-plus Future Fund has sold 113.6 million Telstra shares - bringing its holding in the telecom giant down from 10.9 to 10 per cent. At a senate estimates hearing yesterday, the Future Fund Board of Guardians said it had sold the shares ...

Spoiling for war

BENJAMIN ONG  |  FRIDAY, 1 OCT 2010
It's a wrap! It's official! September 2010 is the man! Wall Street may have been down for the day but it produced the best September gain even before many of us were born. The S&P 500 index soared by 8.8 per cent in the month, the Dow jumped by 7.7 ...

Planes, trains & automobiles and the bush

BENJAMIN ONG  |  TUESDAY, 7 SEP 2010
Kick off! While we continue to hold our collective breaths for the trio from the bush to tell us which political party "we voted for" last 21 August, campaigning has kicked off on our big brother's shores. It's Labor Day in the USA, heralding the start ...

Nothing to fear in hung parliament

JOHN MCDULING  |  MONDAY, 23 AUG 2010
The financial services industry is still digesting the ramifications of Saturday's election cliffhanger, which has given Australia its first hung parliament since 1940. "It certainly does leave the industry in limbo at the moment," said Fiona Reynolds ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 JUL 2010
The Australian share market is expected to open weaker, after major indices on Wall Street backpedalled more than one per cent and the benchmark crude oil contract dipped below $US77 a barrel. At 0650 AEST on the Sydney Futures Exchange, the September ...

Market wrap - midday

AAP  |  WEDNESDAY, 21 JUL 2010
The Australian share market was higher at noon, led by major mining stocks. At 1200 AEST on Wednesday, the benchmark S&P/ASX200 index was up 18.8 points, or 0.43 per cent, at 4,422.4 points, while the broader All Ordinaries index had gained 19.2 points ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JUL 2010
The Australian stock market has received a positive lead from offshore markets, after Wall Street closed higher and commodities prices ended firmer. At 0745 AEST on the Sydney Futures Exchange, the September share price index contract was 41 points ...

US Congress passes Wall Street reforms

MICHELLE BALTAZAR  |  FRIDAY, 16 JUL 2010
US Treasury Secretary Tim Geithner said the Dodd-Frank reforms approved by the US Congress this week will ensure that banks, not taxpayers, will pay for future bank failures, and protect consumers from Wall Street greed. Yesterday the 'Wall Street Reform ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 JUL 2010
The Australian share market has received a modest negative lead from offshore markets as Wall Street traders examined the details of an overhaul of the US financial system and Goldman Sachs' settlement of fraud charges. At 0735 AEST on the Sydney Futures ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 JUL 2010
The Australian share market is likely to open higher as the second-quarter earnings season in the US got off to a positive start. After Wall Street closed marginally higher, aluminum maker Alcoa beat analysts' expectations and raised its forecast for ...