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Showing 811 - 820 of 828 results for "Commerce"

Midday market wrap: Local shares eke out modest gains

... the bond market opened considerably weaker, in line with rising yields in the US Treasuries market. Overnight the US Commerce Department reported US retail sales jumped by 1.4% in July, and which has resulted in US economists revising higher forecasts ...

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July. The consensus of markets forecasts was for an increase of just 0.9%, while the same report also included substantial ...

Morning market wrap: US stocks up on strong data

... while the S&P 500 advanced 2.8 points to 990.3. The Nasdaq composite index finished 14.2 points higher at 1,735.1. The Commerce Department earlier reported GDP grew at an annualised rate of 2.4% in the June quarter, while initial claims and the Chicago ...

Australian banks jostle for pole position in NBNZ race

... face less opposition from regulatory authorities in NZ. Westpac, however, could come under closer attention from the NZ Commerce Commission if it was interested in NBNZ because of its stronger presence in the country. NBNZ's United Kingdom-based owner ...

Morning market wrap: Dow closes at 5-week high

... 17.1 points (1.7%) to 998.7, while the Nasdaq composite index jumped 29.3 points (1.7%) to close at 1,730.7. Earlier the Commerce Department reported orders for durable manufactured goods jumped by 2.1% in June, the largest monthly increase since January. ...

Morning market wrap: US bonds claw back losses

... 6 points to 3.92%, while the yield on the 5-year bond was down 5 points to 2.76%. Gains were helped by news from the Commerce Department that excluding food and energy, consumer prices were broadly unchanged in June. But the Federal Reserve reported ...

Morning market wrap: US bonds crunched by Greenspan

... one-day rise in over six months. Bonds were also hurt by a raft of positive economic data, including a report by the Commerce Department that retail sales rose 0.7% in June after stripping out consumer purchases of autos. The yield on the 10-year Treasury ...

Investors set to benefit from financial services initiative

... reduced costs and increased efficiencies, as the superannuation, investment and financial planning industries' electronic commerce programs amalgamate to become the Super, Wealth and Investment Management Electronic Commerce (swimEC) initiative. The ...

ACCI endorses RBA chief's comments on labour market reform

... Ian Macfarlane has made a timely contribution to the case for further labour market reform, the Australian Chamber of Commerce and Industry (ACCI) has reported. Governor Macfarlane listed seven economic reforms of the past twenty years that have been ...

Morning market wrap: US stocks up on better earnings outlook

... helped by reports from brokerage house Merrill Lynch, which raised the recommendations on Microsoft and Wal-Mart. The Commerce Department also reported factory orders rose 0.4% in May, slightly stronger than expectations. Earlier in London, the FTSE ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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