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Time to buy the bad news

BENJAMIN ONG  |  TUESDAY, 9 OCT 2012
... more pessimistic view of China which it now expects to grow by only 7.7% (from 8.2% previously) in 2012 and 8.1% (from 8.6%) next year - and of course, the recession and debt crisis in Europe and slow growth in America. The World Bank's chopping spree ...

Trading mistake forces Indian exchange crash

BEN COLLINS  |  MONDAY, 8 OCT 2012
... intensify among India's stock market operators with the entry of the MCX Stock Exchange, which is set to start operations next month.

Good jobs bad jobs

BENJAMIN ONG  |  MONDAY, 8 OCT 2012
... payrolls report - the one that'll guide financial market activity, if not through the end of this year or longer, at least until next month. It was good. About 114,000 Americans found jobs in September - statistically at par with market expectations ...

Fidelity's Taylor kicks-off scholarship

BEN COLLINS  |  FRIDAY, 5 OCT 2012
A new scholarship has been established to encourage the next generation of fund managers. The London Business School and Paul Taylor, head of Australian equities at Fidelity Worldwide Investment, have established the Taylor Family Scholarship, which ...

Failure is not an option

BENJAMIN ONG  |  FRIDAY, 5 OCT 2012
... downgrade of the country's growth outlook. The ADB lowered its forecasts for the Indian economy to 5.6% in 2012 and 6.7% next year from 7.0% and 7.5%, respectively, because of high inflation, slowing consumption and its huge fiscal deficit. That may ...

Australia can't afford complacency: Murray

MELANIE TIMBRELL  |  THURSDAY, 4 OCT 2012
... interest rate cut was accompanied by a prediction from Reserve Bank Governor Glenn Stevens that the resource boom will peak next year - largely as a consequence of the slowdown in Chinese growth that is creating uncertainty in key sectors of the economy. ...

Vanguard makes index switch

MELANIE TIMBRELL  |  WEDNESDAY, 3 OCT 2012
... investors. "It's really about delivering value to investors in the index funds and the ETFs through lower costs over the next few years." "Vanguard's obviously very focused on reducing costs over time - we think the FTSE indexes are obviously well constructed ...

Allianz appoints new chief executive

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
Allianz Australia has appointed Niran Peiris as the next managing director, following Terry Towell's retirement from the position. Towell, a 40-year veteran of the insurance industry, will retire as chief executive after more than a decade of successful ...

Frontier Advisors makes four new hires

LINDA HAUSKEN  |  WEDNESDAY, 3 OCT 2012
... Murray joins from Ibbotson Associates, where he held the role as head of equities and property. He commences his new position next week. Nathan Bode joined yesterday as an associate consultant. Prior to his new role he worked at Standard and Poor's as ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 OCT 2012
... Zealand shares rose, led by Xero after it more than doubled first half sales and said it expects to list across the Tasman next year. The NZX 50 Index rose 41.21 points, or 1.1 per cent, to 3,871.25, on turnover of $NZ97 million ($A78.32 million).