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Market Wrap - Morning

AAP  |  TUESDAY, 29 JUN 2010
... better-than-expected rise in US consumer spending. The London FTSE 100 index rose 0.50 per cent, or by 25.21 points, to close at 5,071.68. FRANKFURT - In Germany, the DAX added 86.62 points, or 1.43 per cent, to 6,157.22. PARIS - In Paris, the CAC 40 ...

Market Wrap - Midday

AAP  |  MONDAY, 28 JUN 2010
The Australian share market was in into negative territory at noon with political uncertainty at home combining with ongoing worries about overseas debt and the United States economy to place weight on the market. At 1201 AEST, the benchmark S&P/ASX200 ...

Market Wrap - Morning

AAP  |  MONDAY, 28 JUN 2010
... order to reduce deficits, could derail a global recovery. The London FTSE 100 index lost 53.76 points, or 1.05 per cent, to close at 5,046.47 points. BP was among the day's big losers, plunging at one point to a 14-year low after the group ramped up ...

First femme PM

BENJAMIN ONG  |  FRIDAY, 25 JUN 2010
The morning after. Either you're still reading the obituaries and the political assassination of Kevin Rudd or you have moved on to congratulate Australia's first femme PM - Julia Gillard. I won't bore you with the details. Pick up any local daily or ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 JUN 2010
... recession and looming financial reform legislation. The Dow Jones Industrial Average slid 145.64 points (1.41 per cent) to close at 10,152.80. The tech-rich Nasdaq index slid 36.81 points (1.63 per cent) to 2,217.42 and the broad-market S&P 500 index ...

PM Gillard makes wealth reforms more likely

ALEX DUNNIN  |  THURSDAY, 24 JUN 2010
... ongoing fee that planners charge from one to three years). Moreover, the influence of Dr. Ken Henry, who is widely seen as close to Kevin Rudd, may wane. Whichever way it goes, both the short and long game for financial services industry associations ...

Waiting to see

BENJAMIN ONG  |  THURSDAY, 24 JUN 2010
It was another ho-hum moment on Wall Street overnight. The Dow went down less than 1 per cent, then up less than 1 per cent, then closed 0.1 per cent higher. The same goes for the S&P 500 index... well, almost. It went down less than 1 per cent, up ...

Market Wrap - Morning

AAP  |  THURSDAY, 24 JUN 2010
... eurozone slowed in June for the second month in a row. In London, the FTSE 100 index shed 1.30 per cent, or 68.46 points, to close at 5,178.52 points. FRANKFURT - In Germany, the DAX gave up 64.52 points, or 1.03 per cent, to 6,204.52 points. PARIS - ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 23 JUN 2010
Gold stocks provided the only bright spot on an otherwise bleak day of trade as the Australian stock market slid into the red to sit one per cent lower at noon. At 1200 AEST, the benchmark S&P/ASX200 index had fallen 52.3 points, or 1.15 per cent, to ...

Perpetual MD Deverall resigns

MICHAEL HOBBS  |  WEDNESDAY, 23 JUN 2010
... added. International executive recruitment firm, Korn Ferry, has been appointed to search for Deverall's successor. A person close to the situation said a replacement could take three months to find the right candidate. Deverall's departure follows Emilio ...