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Market Wrap - Midday

AAP  |  TUESDAY, 2 JUN 2009
... were driving the Australian market recovery. "The market was walking through the park whistling to itself, waiting for the next lot of good news, and it has managed to find some," Mr Taylor told AAP. "This continuing surge in commodity prices is really ...

NZ govt to suspend NZ Super contribs

MICHAEL HOBBS  |  MONDAY, 1 JUN 2009
... five-year plan to 2014. It forecasts the fund's balance to rise from NZ$13.275 billion in June this year to NZ$14.57 billion by next year.

Take your pick

BENJAMIN ONG  |  THURSDAY, 28 MAY 2009
... - raising the unemployment rate to 9.8 per cent. The jobless rate is expected to come down only slightly to 9.3 per cent next year. You can also quote from the same NAR report and see that existing home sales in April remain 3.5 per cent than a year ...

CAAM eyes credit and currency

MICHAEL HOBBS  |  WEDNESDAY, 27 MAY 2009
... securities and currency plays. CAAM Global Bond fund's recently released Lonsec report said the firm expects returns over the next three years to be sourced predominantly from duration and yield curve global bond strategies, currency tactics and credit ...

Undue credit

BENJAMIN ONG  |  MONDAY, 25 MAY 2009
... market's reaction to its warning? Investors have even taken its warning one step further - that it might downgrade the US next. Lest we forget. How quickly investors forget that the credit-rating agencies' and their supposedly omniscient credit-ratings ...

Westpac exec joins NAB Private Wealth

RUTH LIEW  |  MONDAY, 25 MAY 2009
... planning, estate planning, philanthropy, private custody, and trustee professionals. Hamilton will start his new role mid next month. Meanwhile NAB private wealth chief investment officer Philip Kimball, who joined NAB from Citigroup in February, will ...

Regulators call for better OTC derivatives processing

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
... available to regulators explaining the risks. Following the report, the Board expects to meet with industry participants over the next two months. Troy Rieck, managing director of capital markets at QIC, said the findings show the industry need to ramp ...

FPA and Bannister Mansfield settle in court

MICHAEL HOBBS  |  FRIDAY, 22 MAY 2009
... the advertisements questioned whether consumers could trust leaders and showed the FPA's chief executive, Jo-Anne Bloch, next to former US presidents Richard Nixon and Bill Clinton. The FPA was successful in obtaining "interim injunctive relief" which ...

To Scotland we will go

RUTH LIEW  |  WEDNESDAY, 20 MAY 2009

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
... Americans to pooh-pooh any sustainable advance. And many - those still with jobs - remain fearful that perhaps tomorrow, next week or the week after, they would be handed their pink slips. Ayesayers, on the other hand, believe that the bad news on housing ...