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| | | It's not exactly perfecta, but a tri-fecta of positive news released last night and a negative one-fecta further strengthens the case that the US economy is forging forward. "I'll be back!" US President Barack Obama announced his nomination of Chairman ... |
| | | | The Australian share market is expected to open higher after Wall Street rose on strong economic data and the nomination of Federal Reserve chief Ben Bernanke to a second term. At 0726 AEST on the Sydney Futures Exchange, the September share price index ... |
| | | | The Australian sharemarket is likely to open slightly higher after a moderately positive lead from Wall Street. At 0700 AEST on the Sydney Futures Exchange, the September share price index contract was five points higher at 4118. In economic news, Governor ... |
| | | | Indications are emerging that markets are 'starting to heal' but 'forceful and sustained' policy actions are still needed. These words from US Treasury Secretary Timothy Geithner perhaps best sum up the macro-environment for the second quarter economy ... |
| | | | Speculation the government will cut back the health insurance rebate for high income earners lends weight to where it might wield the superannuation axe. A story published this morning in the Australian newspaper reports that the health insurance rebate ... |
| | | | Investment and Financial Services Association (IFSA) chief executive, Richard Gilbert, is retiring at the end of September. According to a statement by IFSA, Gilbert will take on a part-time role as associate director of IFSA from then on. It is understood ... |
| | | | The $27 billion Stanford University endowment fund has slashed and frozen salaries, trimmed staff numbers and tightened its budget as its portfolio shrinks by 25 per cent. In a recent media statement, Stanford said it planned to cut close to $156 million ... |
| | | | The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ... |
| | | | Been there, done that. More money poured and promised to be poured into the economic and financial systems have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these ... |
| | | | The Australian share market is expected to open slightly higher US stocks had a late rebound after scepticism about the effectiveness of a US economic stimulus plan. The outcome of the federal government's $42 billion economic stimulus package's second ... |
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