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Advisers need to work on social media presence

MELANIE TIMBRELL  |  THURSDAY, 9 FEB 2012
Advisers should look closely at their objectives before determining which social media channels to use and how. This is the message from the most recent address by president of i-Impact Group and US social media expert, Claudio Pannunzio. "The core ...

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
... negotiations and summits. Greece's stock market certainly thinks so. To date, the Athex Composite price index has risen by close to 20%, outperforming the DJ Euro Stoxx index's 9.5% rise over the same period. And oh, the yield on its 10-year bonds has ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 FEB 2012
... some optimism that we could get a deal sometime this week, and key policy makers in Europe seem to think that a deal is close." Overnight, Greek ministers began their final meeting to agree on austerity measures required for the bailout. The European ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 FEB 2012
... slightly after Japan said it would intervene to damp down the value of its surging currency. Tokyo lost 0.13 per cent at the close, or 11.68 points, to 8,917.52 while Sydney shed 0.5 per cent, or 21.8 points, to end at 4,274.2. Seoul closed 0.43 per ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... rate have had a noticeable dampening effect. The unemployment rate has increased a little since mid year, though it remains close to 5 per cent." Household behaviour, they are a-changin'. Only yesterday, the Australian Bureau of Statistics (ABS) gave ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 FEB 2012
... points, at 8,929.20 on Monday, Sydney added 1.05 per cent, or 44.8 points, at 4,296, while Seoul gave up earlier gains to close flat, inching 0.79 points higher at 1,973.13. Hong Kong and Shanghai were both flat in afternoon trade. Financial markets ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
Reverend Cleophus James: Do you see the light? Elwood: What light? Reverend Cleophus James: Have you seen the light? Jake: Yes! Yes! Yes!... I have seen the light! - The Blues Brothers Yes, yes, yes, Virginia, gauging from the rally in equity and commodity ...

Market Wrap - Morning

AAP  |  MONDAY, 6 FEB 2012
... 12,860.23, its highest closing level since May 2008. The Nasdaq Composite added 45.98 (1.61 per cent) to 2,905.66, its best close since December 2000 and the dot.com collapse. The broad-based S&P 500 rose 19.36 (1.46 per cent) to 1,344.90. LONDON - Much ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 FEB 2012
... nation is attempting to negotiate a lower rate of interest to avoid a default on its debt. "The talk is that a deal is very close so we could see some movement (of the Australian dollar). "But the market has already rallied on the back of it, so if it ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 FEB 2012
... Xstrata is in merger discussions with commodities trader Glencore International. Britain's FTSE 100 index of leading shares close 0.1 per cent higher at 5,796.07. Germany's DAX rose 0.6 per cent to 6,655.63 and the CAC-40 in France ended 0.3 per cent ...