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Showing 6591 - 6600 of 10710 results for "May 1997"

The day the music died

BENJAMIN ONG  |  FRIDAY, 24 MAY 2013
"Bye, bye miss American pie..." and pastries from Japan and China. Equity markets from New York to Rio and old London town dropped like flies over the past 24 hours. It would have been easy to put this down to the usual garden variety correction were ...

Market Wrap

AAP  |  FRIDAY, 24 MAY 2013
The Australian market looks set to open higher despite falls on major overseas markets following Federal Reserve chairman Ben Bernanke's testimony to congress and the release of the central bank's policy meeting minutes. At 0750 AEST on Friday, the ...

Market Wrap PM

AAP  |  THURSDAY, 23 MAY 2013
Australian stocks are lower at noon, with all the major sectors falling amid broad-based selling. The local market opened lower as investors took their cues from a weak finish on Wall Street after US Federal Reserve chairman Ben Bernanke suggested the ...

Tides to turn for Platinum: Neilson

ALICE URIBE  |  THURSDAY, 23 MAY 2013
Platinum Asset Management's (Platinum) chief executive Kerr Neilson is confident that the fund will be able to turn around a period of underperformance in its flagship International Fund, saying that the current state of the market has turned to favour ...

netwealth's advice group moves advice ops

ALICE URIBE  |  THURSDAY, 23 MAY 2013
Wealth management group netwealth's advice group has moved its operations on the back of an announcement earlier this month that the wider netwealth group's funds under management had hit the $4 billion mark. netwealth Advice Group (NAG)'s advice operations ...

Bendigo Wealth launches new low-risk income fund

MARK SMITH  |  THURSDAY, 23 MAY 2013
Bendigo Wealth has launched the Sandhurst Strategic Income Fund for risk-averse investors who want a regular income stream in excess of what they are seeing from their term-deposits. The new fund is a low-risk investment option which pays quarterly ...

Fed speaks Fedspeak

BENJAMIN ONG  |  THURSDAY, 23 MAY 2013
Old habits die hard it seems. Didn't US Federal Reserve Big Ben Bernanke already change the definition of Fedspeak to mean clarity of Fed communication of the Fed's intention on monetary policy a long time ago? The original meaning (according to Wikipedia) ...

NDIS does not replace life insurance

ALEX DUNNIN  |  WEDNESDAY, 22 MAY 2013
The national DisabilityCare system, formerly known as the National Disability Insurance Scheme (NDIS), does not replace the need for life insurance, argues AIA Australia (AIA) in a briefing note to advisers. "When the concept of the DisabilityCare scheme ...

Market Wrap PM

AAP  |  TUESDAY, 21 MAY 2013
Australian stocks are weaker at noon as the Reserve Bank of Australia forecasts below-average economic growth in 2013. RBS Morgans Ipswich manager Tony Russell said the minutes of the central bank's May 7 board meeting, at which it cut the cash rate ...

ASIC takes aim at charitable investment funds

JAMES FERNYHOUGH  |  TUESDAY, 21 MAY 2013
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing changes to existing exemptions for charities that raise investment funds. The proposed changes will affect approximately 200 charitable investment ...