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Every recovery starts jobless

BENJAMIN ONG  |  MONDAY, 5 JUL 2010
Growth or recovery, slowdown or double dip? This is the question that's been bugging financial markets in recent times. This is all well and good but the problem is markets appear to be talking themselves down and are busy at work desperately searching ...

Market Wrap - Morning

AAP  |  MONDAY, 5 JUL 2010
... Australian market is likely to open weaker on Monday after an unexpected decline in the US unemployment rate had US stocks close lower on Friday. At 0720 AEST on the Sydney Futures Exchange, the September share price index contract was 30 points lower ...

SG survives mining tax deal

ALEX DUNNIN, MICHAEL HOBBS  |  FRIDAY, 2 JUL 2010
... positively in early morning trade, rising more than 1 per cent at open and remaining 0.25 per cent higher than the previous day's close before midday today. Ben Potter, market strategist at IG Markets, said the MRRT is a huge win for Australia's biggest ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 JUL 2010
... a warning that its credit standing was under review. The London FTSE 100 index fell 2.26 per cent, or 111.12 points, to close at 4,805.75 points. FRANKFURT - In Germany, the DAX lost 108.09 points, or 1.81 per cent, to 5,857.43. PARIS - In Paris, the ...

Market Wrap - Mid-Morning

AAP  |  THURSDAY, 1 JUL 2010
The Australian share market opened one per cent lower, after falls on Wall Street sparked by weak employment figures. At 1015 AEST, the benchmark S&P/ASX200 index was down 39.8 points, or 0.93 per cent, at 4261.7 points, while the broader All Ordinaries ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 JUL 2010
... banks and global economic recovery fears, analysts said. The London FTSE 100 index added 2.65 points, or 0.05 per cent to close at 4,916.87 points. European banks have hampered sentiment, with concerns about a liquidity shortfall when a European Central ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 JUN 2010
... term which hopefully will provide better sentiment for that sector, as well." Mr Kimber said he expected the market would close firmer than its noon reading. Rio Tinto shares were down $2.16, or 3.16 per cent, at $66.26, and BHP Billiton lost 88 cents ...

452 Capital returns 32pc in Morgan's absence

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
... good cash flows and weren't exposed to high debt," said Feros. The Wholesale 452 Capital Australian Share Fund returned close to 20 per cent (19.98 per cent), net of investment fees and taxes, in the 12 months to May - only just underperforming its benchmark ...

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
The Bookmakers Superannuation Fund is removing switching restrictions to its conservative strategies, and dividing its balanced pension and accumulation options in a bid to reopen the fund which faced illiquidity problems during the GFC. The Bookmakers ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JUN 2010
The Australian market is expected to open lower on Wednesday following strong negative leads from offshore overnight. Wall Street's key indices slumped on Tuesday, precious and base metals and oil were down, except gold which rose slightly, and European ...