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| | | ... of war between keeping one eye on the developments in the middle east and a clear global recovery," he said. Locally, the major sectors opened lower, with mining giant BHP Billiton down 52 cents at $46.05 and Rio Tinto 76 cents lower at $84.20. In banking ... |
| | | | ... executive, Association of Superannuation Funds of Australia, agreed, saying the difficulty of accessing salary sacrifice was a major barrier. "A lot of employers do not allow it," she said. Vamos said organising salary sacrifice for employees created ... |
| | | | The lure of performance fees harks back to ancient Phoenician sea captains who kept a fifth of the profits from successful voyages, a piece of history invoked by Alfred Winslow Jones, inventor of hedge funds, when he took 20 per cent of the profits. ... |
| | | | ... Similarly, while the King of the Kingdom of Saudi Arabia - OPEC's biggest oil producer - and that of Kuwait's - another major oil producer - maybe losing sleep over the unfolding MidEast saga, their subjects are less restive. The powers that be in both ... |
| | | | ... previous painful bubbles in US equities, gold, Japanese equities and Japanese residential property, all of which have suffered major falls from peak to trough during the last 30 years. "If you buy at a high price in a bubble you and your clients suffer ... |
| | | | The Association of Financial Advisers (AFA) has called on Federal Finance Minister Bill Shorten to consider the impact of proposed financial reforms on life insurance levels. Richard Klipin, chief executive, AFA, said research had shown that if adviser ... |
| | | | ... are rocketing again... as should be expected. They'll go even higher if the rolling people power protests heads into the major oil producers' turf in the mideast. This would be bad news for a global economy that's just getting back on its feet. We've ... |
| | | | ... 7.5-per cent stake and Libyan central bank governor Farhat Omar Bengdara is also Unicredit's vice-president. Shares in energy major ENI, which has been in Libya since 1959 and produced 244,000 barrels of oil equivalent per day in 2009, also dropped 5.12 ... |
| | | | ... the market a little bit on the nervous side." Investors also forced the market to consolidate by taking profits and the major banks led the market lower after they finished reporting first quarter trading results on Friday. National Australia Bank lost ... |
| | | | ... points (0.19 per cent) at 1,343.01. The tech-rich Nasdaq Composite edged up 2.37 points (0.08 per cent) at 2,833.95. With no major economic releases to offer guidance, the equity markets wobbled with flurries of selling as investors looked ahead to the ... |
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