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| | | ... asset manager's exposure to China is represented in overweight positions in Rio (+4%), BHP (+2%), Iluka (+2%) and Whitehaven Coal (+1%), saying major resource stocks have underperformed and are currently cheap. Andrew Dalrymple, chief investment officer ... |
| | | | Australian bond futures prices are higher after the former Greek prime minister's comments that the nation could exit the eurozone prompted traders to move to safe-haven investments. In his first interview since leaving office, former Greek prime minister ... |
| | | | The Australian market looks set to open lower following falls on US markets overnight and continued political uncertainty in Europe. At 0645 AEST on Thursday, the June share price index futures contract was down six points at 4,155. In economic news ... |
| | | | It is ironic that the country that brought the world the story of the "Sword of Damocles" is itself now that very sword dangling precariously above the heads of world financial markets. Any moment now. Events in Greece over the past few days have jacked ... |
| | | | SYDNEY - Australian shares are set for a flat start to the week as investors await developments in Europe. Greece moved closer to fresh elections on the weekend as talks between political parties, who are divided over austerity measures, failed to establish ... |
| | | | The Australian market looks set to open slightly lower following mixed performances on European and US markets overnight. At 0805 AEST on Friday, the June share price index futures contract was down six points at 4,295. No major economic or equities ... |
| | | | ... Tinto was down 99 cents at $64.44. Larger falls were posted by energy producer Santos, down 46 cents to $13.65, Whitehaven Coal, down 20 cents at $4.87, and gold miner Newcrest, which was 79 cents lower at $25.88. Defensive stocks - companies that are ... |
| | | | Two days after opposition Treasurer Joe Hockey said in a landmark interview that Australia needs to end its cult of welfare entitlement, speculation is rising the government is considering a clampdown on untargeted superannuation tax concessions. On ... |
| | | | ... growth. Andre said that Australia is well exposed to the energy growth opportunity through liquid natural gas and thermal coal, with Australia set to become the biggest LNG producer by 2020. "Australia has accounted for 70% of all LNG capacity sanctioned ... |
| | | | ... lending finance data for February. In equities news, a scheme meeting is to be held for a shareholder vote on the Whitehaven Coal and Aston Resources merger. The local market closed higher on Friday, with the benchmark S&P/ASX200 index gaining 42.7 points ... |
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