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| | | US President Barack Obama is bringing David Riccardo back from the dead. When the US unveiled its first bailout acronym - TARP -- for the financial sector TARP - last year, I wrote about a theory taught us budding economists called the 'Riccardian equivalence.' ... |
| | | | ... Infrastructure Ltd and Dexion Ltd. On Monday, a late recovery failed to stop the Australian share market from closing in the red following weakness among the big miners. The benchmark S&P/ASX200 index was 51.2 points, or 1.5 per cent, lower at 3,351.2 ... |
| | | | ... Australian stock market was lower at noon with the resources sector taking the biggest falls as most sectors fell into the red. At 1200 AEDT, the benchmark S&P/ASX200 index was 84.3 points lower, or 2.48 per cent, at 3,318.1 while the broader All Ordinaries ... |
| | | | ... Sky City Entertainment Group Ltd. Thinksmart Ltd releases annual results. The Australian stock market closed firmly in the red on Friday on profit taking following a negative lead from United States markets. The benchmark S&P/ASX200 index was down 46.5 ... |
| | | | Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ... |
| | | | The government's decision to temporarily suspend the minimum draw down requirement for account-based pensions allows planners the ability to keep their client's money invested in the market. Yesterday, minister for superannuation and corporate law ... |
| | | | The Australian stock market was deeply in the red at midday, following negative leads from overseas overnight, but local gold stocks were higher. At 1204 AEDT, the benchmark S&P/ASX200 index was down 82 points, or 2.37 per cent, at 3,382.3, while the ... |
| | | | ... Banking Corporation will release its December quarter trading update. On Tuesday, the Australian share market finished in the red, dragged down by weaker bank and insurance stocks amid a raft of mixed corporate earnings results. The benchmark S&P/ASX200 ... |
| | | | Two former client advisers have been found guilty of market manipulation following ASIC investigations. According to a statement by the Australian Securities and Investments Commission, Rocco Musumeci and Richard John Wade were yesterday handed custodial ... |
| | | | Planners should start investing in Australian equities while the ASX200 is at a "ridiculous" 3,400 level or miss out on a rare opportunity to add value to their client portfolios, said Phil Ruthven, IBISWorld executive chair. Ruthven said the local ... |
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