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Showing 6821 - 6830 of 9322 results for "Red"

Market dives on US downgrade, China demands new reserve currency

ALISON BEVEGE  |  MONDAY, 8 AUG 2011
The Australian share market dropped sharply on the open as nervous investors reacted to Standard & Poor's historic weekend downgrade of US sovereign credit. At time of writing the All Ordinaries Index had fallen 66.1 points or 1.59% to 4103.6 while ...

Govt provides reverse mortgage guarantees

ELISE BURGESS  |  MONDAY, 8 AUG 2011
The Federal Government has made its first move in the race to fiscally manage the ageing population, with the release of draft legislation to increase protection around reverse mortgages. Assistant Treasurer and Minister for Financial Services and Superannuation ...

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
Australian stocks are tipped to be pushed into the red again today after America's credit rating was downgraded for the first time in its history over the weekend. Hopes for a bounce on the Australian share market after a horror Friday appear to have ...

FSC insurance churn action divides planners

MATT WOODINGTON  |  FRIDAY, 5 AUG 2011
Financial advisers fear that new measures from the Financial Services Council aimed at reducing churn in the insurance market will lead to some penalties for acting in the best interest of a client. Financial Services Council (FSC) chief executive officer ...

Market woes cause adviser headache

ALISON BEVEGE  |  THURSDAY, 4 AUG 2011
Funeral provider Invocare could provide a good non-cyclical stock to hold in a falling market, a CMC Markets analyst has said, while financial advisers faced with worried clients have been told to get back to basics. Australian stocks have been in rapid ...

Ready to turn on the tap

BENJAMIN ONG  |  THURSDAY, 4 AUG 2011
It could have easily been another down day on Wall Street overnight - but it wasn't. The Street's three major equity indices finished above the zero line while we slept, despite more stats giving credence to 'the US is heading for another recession' ...

Industry super funds show patchy approach to emergency reserves

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Industry super funds have increased their emergency reserves since the global financial crisis but the uptake has been patchy with some funds having no buffer at all, new research has found. Deloitte Actuaries and Consultants scrutinised 65 industry ...

Rates rise in Italy while Cypriot pension funds withdraw cash

ALISON BEVEGE  |  WEDNESDAY, 3 AUG 2011
Troubles have again surfaced in the Eurozone with markets concerned over Italian public debt and Cypriot pension funds withdrawing cash from banks exposed to the Greek sovereign debt crisis. The yield on 10-year Italian BTP bonds has risen to 6.26 per ...

Now for the denominator

BENJAMIN ONG  |  TUESDAY, 2 AUG 2011
Will it or won't it? No, I'm not talking about the deal on Washington, 'no mas' -- I'm so over it. Although there are still a few that won't take my word for it - they still refuse to believe until they see the deal bill inked. There's also an equal ...

Market Wrap - Midday

AAP  |  MONDAY, 1 AUG 2011
Australian shares are soaring after the United States avoided a debt default with an eleventh hour agreement to cut its deficit. President Barack Obama said the deal will cut about $US1 trillion in spending over 10 years and avoid default, which would ...