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Showing 8061 - 8070 of 10365 results for "Close"

Market Wrap - Morning

AAP  |  MONDAY, 13 OCT 2008
... London shedding almost nine per cent. The London FTSE 100 index of leading shares fell 381.7 points, or 8.85 per cent, to close at 3,932.06, its sharpest daily plunge since the 1987 stock market crash. FRANKFURT - In Germany, the benchmark DAX shed 342.69 ...

Market Wrap - Midday

AAP  |  FRIDAY, 10 OCT 2008
... Approximately $69 billion has been wiped off the value of All Ordinaries stocks so far today, and $170 billion since last Friday's close. At 1200 AEDT, the benchmark S&P/ASX200 was down 282.3 points, or 6.53 per cent, at 4038.6, while the broader All ...

Patience is a virtue

BENJAMIN ONG  |  FRIDAY, 10 OCT 2008
... Given the massive dumping that has occurred over the past few weeks, perhaps financial markets have reached, or are very close to, critical mass. Investors have already factored in a global economic recession, perhaps a depression. Investors have already ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
... coordinated interest rate cuts by the world's central banks to stem the global credit crisis and continued its freefall to close at fresh three-year lows. The local bourse was weighed down by heavy losses among energy stocks and the Commonwealth Bank. ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
... stocks to raise cash, sending several indexes tumbling to multi-year lows. Japa's Nikkei 225 Average tumbled the most to close down 952.5 points, or 9.38 per cent, to 9,203.32, the biggest one-day drop since the 1987 market crash. HONG KONG - Hong Kong ...

PIS creates NZ advice giant

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
Professional Investment Services New Zealand (PIS NZ) and Newpark Financial Services are expected to merge and create New Zealand's largest financial advisory group with more than 250 advisers and 130 accounting firms. Robbie Bennetts, PIS chief executive ...

CBA buys BankWest and St Andrews

MICHAEL HOBBS  |  WEDNESDAY, 8 OCT 2008
... position in Western Australia. Western Australian Commonwealth Bank and BankWest branches and business centres will not close as a result of the deal, however both banks customers will soon be able to use each other's ATMs for free. HBOS Australia's ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
... Choiseul Investments Ltd, HFA Holdings Ltd and Becker Group Ltd. Yesterday, the domestic share market turned around sharply to close almost two per cent higher after the Reserve Bank of Australia (RBA) slashed interest rates by a full percentage point. ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
... rates, benchmark rates at the world's two biggest central banks - the US Federal Reserve and the Bank of Japan - are already close to the floor. The fed funds target rate is at 2 per cent and the BoJ discount rate is at 0.5 per cent. The RBA may indeed ...

DB back in vogue: Equipsuper

RUTH LIEW  |  TUESDAY, 7 OCT 2008
Volatile markets and negative returns have turned investors off accumulation schemes towards defined benefits, said Equipsuper. The $4.2 billion Equipsuper's chief executive Robin Burns said defined benefits account for around 40 per cent of the fund's ...