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Trio chair ban and Richard jailed

ELISE BURGESS  |  FRIDAY, 12 AUG 2011
... must not act in any role within the financial services industry except as sole director of a small private company for the next nine years. Investors lost $180 million from two investment funds managed by Trio Capital, namely Astarra Strategic and ARP ...

Digit says recession averted

BENJAMIN ONG  |  FRIDAY, 12 AUG 2011
Crash on rumours one day, rally on flimsy excuse the next. That's Wall Street for you these days - or more accurately, the past two days. After rallying on the Fed's announcement that it will keep the fed funds rate at between 0-0.25% till the middle ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 AUG 2011
... rumour is treated as truth until the real truth can set one free from the rumour. The cycle soon begins anew, though, when the next rumour hits the wires." The markets opened higher and picked up the pace after Europe's bourses closed solidly in the ...

Market Wrap - Midday

AAP  |  THURSDAY, 11 AUG 2011
... French President Nicolas Sarkozy promised new measures to slash France's public deficit amid fears that France could be the next country after the United States to suffer a top credit-rating downgrade. "There's certainly going to be negative sentiment ...

SMSFs could use email for SuperStream

ALISON BEVEGE  |  THURSDAY, 11 AUG 2011
... concerned about the future of their businesses from industry changes. The SPAA State Technical Conference continues in Adelaide next Tuesday, Perth next Wednesday and Brisbane on August 23, and incorporates a series of technical SMSF workshops.

HSBC adds China region exposure to retail market

MATT WOODINGTON  |  THURSDAY, 11 AUG 2011
... other markets." HSBC said it was also considering bringing its volatility controlled Greater China fund to Australia early next year. "We're getting an up tick in demand, especially for these investments where they are protected for a five-year period ...

Greed is good

BENJAMIN ONG  |  THURSDAY, 11 AUG 2011
... re-affirmed France's 'AAA' rating. And so...we've come full circle back to the days of the GFC when speculation on who'll be the next big one to come a-tumbling down dominated the rumour mill. It was banks, mortgage companies and investment companies ...

Stocks rally hard as Australia deemed a bargain buy

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... "We have monetary and fiscal levers, a strong balance sheet and population growth... of three to four million people in the next 10 years," he said. US equities rose overnight with Wall Street posting 4% gains after Federal Reserve chairman Ben Bernanke ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... most important key message of her organisation. The SPAA State Technical Conference continues in Melbourne today, Adelaide next Tuesday, Perth next Wednesday and Brisbane on August 23 and incorporates a series of technical SMSF workshops. For more information ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 AUG 2011
... It followed an announcement by the Federal Reserve that it expected to maintain interest rates at ultra-low levels for the next two years due to economic weakness. LONDON - European stocks moved higher after a day of extreme volatility, with markets ...