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BENJAMIN ONG  |  WEDNESDAY, 27 JUL 2011
What's the final deal going to be? Will they, won't they? Sorry Virginia, not talking about the grand theatrics that is the US debt ceiling negotiations this time. Today, I refer these questions to our very own Reserve Bank of the Advance Australia ...

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
Chicken Little's back! It's back telling everyone who cares to listen that "the sky is falling". Chicken Little knows. "I saw it with my eyes, I heard it with my ears, and a bit of it fell on my head" (The Sky is Falling) as it watched the Democrats ...

Planners remain wary of switching cash to equities

MATT WOODINGTON  |  MONDAY, 25 JUL 2011
Financial advisers remain tentative on the outlook for equity markets although more than half surveyed by Zurich are thinking about reducing the amount of cash in client portfolios. Zurich spoke to 300 advisers nationwide with 59% "indicating a potential ...

Market Wrap - Morning

AAP  |  MONDAY, 25 JUL 2011
The Australian stock market is expected to open slightly higher today despite a mixed performance on United States markets on Friday. At 0627 AEST on the ASX 24, the September share price index futures contract was up three points at 4,590. On the company ...

Net-net, it's still good

BENJAMIN ONG  |  MONDAY, 25 JUL 2011
What a drama 'ey? You know what I'm talking about. The drama that is the 'off-again-on-again' deal on the US debt ceiling and the 'it'll be bailed, no it won't' Greek tragedy. Yes, those ones. The ones that sent risk assets up, then down, then up again ...

Deal or no deal

BENJAMIN ONG  |  FRIDAY, 22 JUL 2011
Most of you would have noticed lately that financial markets have been playing the "deal or no deal" game. Investors "boo" every time either the US or Europe says 'no deal' and they applause, clap their hands and stomp their feet when either one shouts ...

A minute to midnight sees super funds merge

ALISON BEVEGE  |  THURSDAY, 21 JUL 2011
What difference can a midnight minute make to a merger? Do you combine your super funds at 12.01am on July 1? Or 11.59pm on June 30? Those vital 60 seconds were pondered during an afternoon talk by Graeme Russell, chief executive officer of First Super ...

Earnings up but jobs cut at State Street

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
Institutional financial services firm State Street today announced a second quarter increase in earnings but that was not enough to save jobs with a further 850 positions to be cut. The global job cuts come as part of an "IT Transformation" program ...

PIMCO urges SMSFs to get active

MATT WOODINGTON  |  WEDNESDAY, 20 JUL 2011
PIMCO's Australian bond fund has outperformed Australian shares over the past ten years and actively managed income funds are being tipped to add more value still. Lonsec's 2011 income funds sector review found that the shift towards index funds and ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 JUL 2011
The Australian dollar was higher at noon, after dipping briefly on concerns the central bank has softened its outlook for domestic interest rates. At 1200 AEST on Monday, the Australian dollar was trading at 106.33 US cents, up from from 106.00 US cents ...