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Market Wrap - Morning

AAP  |  WEDNESDAY, 17 JUN 2009
The Australian share market is expected to open lower after a second day of falls on Wall Street as disappointing economic data gave investors a reason to continue to sell stocks. At 0721 AEST on the Sydney Futures Exchange, the June share price index ...

Market Wrap - Morning

AAP  |  TUESDAY, 16 JUN 2009
... or 2.28 per cent, to 1,816.38 and the broad-market Standard & Poor's 500 index lost 22.49 points, or 2.38 per cent, to a close of 923.72. LONDON - European stock markets plunged after G8 finance ministers warned that the economic outlook remained risky ...

Market Wrap - Morning

AAP  |  MONDAY, 15 JUN 2009
... cent, to 4062.2, while the broader All Ordinaries index added 14.8 points, or 0.37 per cent, to 4061.5. It was the highest close for both indices since November 10 last year. NEW YORK - Wall Street stocks closed mixed on Friday in directionless trade ...

Market Wrap - Midday

AAP  |  FRIDAY, 12 JUN 2009
... points higher at 4,061 on a volume of 18,444 contracts. By 1043 AEST, the S&P/ASX200 had slipped 9.8 points from Thursday's close to 4037.5, while the All Ordinaries was 8.7 points lower than Thursday's close at 4038.8. ABN Amro Morgans private client ...

BlackRock to buy Barclays Global Investors...

RUTH LIEW  |  FRIDAY, 12 JUN 2009
BlackRock has signed a purchase agreement to buy Barclays Global Investors including its ETF platform, iShares, to create a $3.3 trillion (US$2.7 trillion) asset management giant. According to a media statement released this morning, the deal will see ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 JUN 2009
... cent, to 4047.2, while the broader All Ordinaries index added 30.4 points, or 0.76 per cent, to 4046.7. It was the strongest close for both indices since November 10. NEW YORK - Even the optimists are showing some caution. The Dow Jones industrial average ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 JUN 2009
... cent, to 4,024.4, and the broader All Ordinaries index was up 82.7 points, or 2.1 per cent, at 4,016.3. It was the highest close for both since November 10, 2008. NEW YORK - Wall Street lost ground Wednesday as investors mulled the impact of rising commodity ...

ING battles longevity risk

MICHELLE BALTAZAR  |  WEDNESDAY, 10 JUN 2009
... insurer into the fastest growing company in its field and the fastest growing writer of annuities. Longevity is an issue close to his heart. Many of his relatives lived well into their 80s and 90s. "We have the longevity gene," he said. In a separate ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 JUN 2009
... or 0.96 per cent, to 1,860.13 and the Standard & Poor's 500 index edged up 3.29 points, 0.35 per cent, to a preliminary close of 942.43. The market reacted cooly to a decision allowing ten major US banks to repay the Treasury $US68 billion for capital ...

J.P. Morgan teams up with Linear AM

COMPANY RELEASE  |  TUESDAY, 9 JUN 2009
... lifecycle. For example, the protection may be different while they are in the accumulation phase compared to when they are close to retirement. "Protection of an investor's equity gives them peace of mind and increases the suitability of the product ...