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| | | The Australian share market is pointing toward a higher opening despite modest falls on Wall Street in a day of choppy trade. At 0720 AEST on the Sydney Futures Exchange, the March SPI futures index was up 29 points at 3,705. In economic news on Wednesday ... |
| | | | You've been warned, Australia! Standard & Poor's and Moody's threatened Australia with a downgrade in its sovereign risk rating if the National Budget remains in deficit over the medium term. My, oh my, I am so scared. And so we all should be. Because ... |
| | | | Ratings firm Morningstar has kept its 'recommended' rating on PM Capital's Absolute Performance strategy. According to the firm's latest report, PM Capital was one of the worst performing global equities strategies in the Morningstar coverage list during ... |
| | | | Crrr...unch! That's the sound of General Motors and Chrysler getting closer to becoming junk as the US government asks them to go back to the drawing board. The greed of missing out on the budding equity market rally was quickly replaced by fear of ... |
| | | | True to script, history has not failed us. Like in most episodes following widespread market upheavals, increased regulation makes a comeback for an encore. Taking advantage of the global disgust at the rapid erosion of wealth caused by 'inventive' ... |
| | | | Wall Street jumped again overnight but Main Street's mood has turned from nervous insouciance to outright outrage. Hip, hip, hurray! Wall Street greeted St. Patrick's Day with a 3.2 per cent rally in the S&P 500, a 2.5 per cent jump in the Dow and the ... |
| | | | 'Never underestimate the power of optimism.' (Camp Quality) This was perfectly proven by the equity markets' strong performance last week where many of the indices - if not all - spiked to their best weekly gain since November 2008. News reports and ... |
| | | | US First Lady, Michelle Obama, shows us the future - and it does not look good. Wall Street and European equities tumbled again while we were sleeping. Part of the reason was disappointment that the much-awaited Chinese medicine was not potent enough ... |
| | | | The RBA giveth and the RBA giveth again. Who would have thought that after two weeks of bad economic news here and abroad, the Reserve Bank of Australia would still have the nerve to say, 'she'll be right mate.' For this is exactly what the Australian ... |
| | | | The Australian stock market was around 1.5 per cent lower at noon ahead of the Reserve Bank of Australia's interest rate decision, after diversified financials and transport stocks helped the market claw back some lost ground. At 1200 AEDT, the benchmark ... |
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