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Showing 7471 - 7480 of 10709 results for "May 2011"

Market Wrap

AAP  |  WEDNESDAY, 3 AUG 2011
Australian shares opened almost two per cent lower following a horror session on Wall Street, amid fears that the US may be slipping back into recession. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was down 83.3 points, or 1.88 per cent ...

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 ...

S.O.S

BENJAMIN ONG  |  WEDNESDAY, 3 AUG 2011
"So when you're near me, darling can't you hear me S. O. S. The love you gave me, nothing else can save me S. O. S. When you're gone How can I even try to go on? When you're gone Though I try how can I carry on?" - ABBA Now you believe me? The US bond ...

ASIC commissioner new chief of FOS

ELISE BURGESS  |  TUESDAY, 2 AUG 2011
ASIC commissioner, Shane Tregillis, was appointed as new chief of the Financial Ombudsman Service, replacing departing chief Colin Neave. Tregillis will move into the Melbourne-based role from August 26. Neave did not move to be reappointed into the ...

SMSFs stockpiling cash, weighted to banks

ALISON BEVEGE  |  TUESDAY, 2 AUG 2011
Self-managed super funds have been stockpiling cash in the three months to June reflecting a cautious attitude to the stockmarket among trustees, a new survey has said. Cash holdings for the 1600 SMSFs administered by self-managed super administration ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ...

Consumers flex social media muscle

ELISE BURGESS  |  MONDAY, 1 AUG 2011
In under 24 hours, over 4,000 people signed up to an online Big Bank Switch campaign by consumer group, CHOICE, reflecting the increasing power of social media as a form of communication. The big four banks, the main target of the campaign, were also ...

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 ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
Australian shares may decline slightly after US stocks fell on Friday as talks to reach an agreement over the US debt ceiling continued to feed market uncertainty. But mining stocks may gain after some metals, including gold, silver and copper, rose. ...

Bonds eye off super funds

ELISE BURGESS  |  FRIDAY, 29 JUL 2011
Inflationary-linked bonds are the next vehicle for super funds to manage their investment portfolios for retirees, with institutional investors looking towards this neglected investment, according to one inflation investment manager. Super funds may  ...