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| | | Yeouch! You can hear this cry from New York to Rio and old London town as financial markets received a battering. Somebody must have forgotten to tell the markets it's only August and not October. Equity markets, commodity markets and bond yields (bond ... |
| | | | ... higher to $20.11. At 1200 AEST, the price of gold in Sydney was $US1,663.20 per fine ounce, down $US6.23 from $US1,669.43 at close on Wednesday. Gold miner Newcrest was up three cents at $40.78. Making news, Leighton Holdings said it expected to post ... |
| | | | ... has begun. The key index has dropped by 8.7% this calendar year, yesterday declining by a further 100.8 points or 2.3% to close at 4332.8. It opened flat today with the S&P/ASX 200 Index down slightly in morning trade to 4322.8. Ric Spooner, chief market ... |
| | | | The University of Pennsylvania and New York University have been ranked the top universities for breaking into the US hedge funds industry. Global hedge funds are estimated to now be running $2 trillion worldwide. In Australia they run approximately ... |
| | | | ... second day running. At 1015 AEST, the price of gold in Sydney was $US1,654.00 per fine ounce, up $US29.03 from $US1,624.97 at close on Tuesday. Gold miner Newcrest was up 56 cents, or 1.4 per cent, at $40.59. At 1030 AEST, BlueScope Steel was the worst ... |
| | | | Diversified financial group IOOF has appointed MLC star platform manager Chris Weldon to head its platform products division as it moves to expand its presence in the financial advisory market. Weldon started work yesterday as the new head of platform ... |
| | | | ... cent, to $2.87. The price of gold in Sydney at 1208 AEST was $US1,619.60 per fine ounce, up $US5.66 from $US1,613.94 at close on Monday. Gold miner Newcrest was up 63 cents, or 1.6 per cent, at $40.23. Property stocks were among the best performers ... |
| | | | ... default headed for a contentious vote in Congress. The Dow Jones Industrial Average shed 10.75 points (0.09 per cent) to close at 12,132.49. The broader S&P 500 dropped 5.34 points (0.41 per cent) to 1,286.94, while the tech-heavy Nasdaq Composite slumped ... |
| | | | Under new guidelines announced by the Association of Superannuation Funds of Australia and the Financial Services Council, super funds will provide a 'standard risk measure' as of June 22, 2012. The standard measure estimates the number of negative ... |
| | | | ... 28,634 contracts traded. CMC Markets analyst Michael McCarthy said shares had opened higher earlier on suspicions a deal was close to being reached, and once confirmed, share prices rose further. "Clearly the big issue for global markets at the moment ... |
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