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Once more from the top

BENJAMIN ONG  |  THURSDAY, 27 JUN 2013
... Bank of China (PBOC) and the European Central Bank (ECB) replayed those commitments...just in case they missed it the first time. In the case of China, the PBOC not only talked the talked but it also walked it. According to Bloomberg, "The People's Bank ...

Market Wrap

AAP  |  TUESDAY, 18 JUN 2013
... high in the National Association of Home Builders's builder confidence index. The index hit 52, topping 50 for the first time since April 2006, with builders calling conditions good rather than poor. LONDON - European stock markets rose solidly as traders ...

Australian stocks weaker at close

AAP  |  THURSDAY, 6 JUN 2013
... weak lead from Wall Street, where the Dow Jones Industrial Average lost 1.43 per cent, closing below 15,000 for the first time in a month.

Market Wrap PM

AAP  |  THURSDAY, 6 JUN 2013
... weak lead from Wall Street, where the Dow Jones Industrial Average lost 1.43 per cent, closing below 15,000 for the first time in a month. Meanwhile, retailer Target has hinted jobs will be cut at its head office in Geelong. Shares in parent company ...

Trans-Tasman super rollovers exclude SMSFs

MARK SMITH  |  MONDAY, 3 JUN 2013
... Australian Prudential Regulation Authority (APRA) regulated super funds. The Trans-Tasman Portability Scheme marks the first time the Australian authorities have allowed rollovers between overseas pension funds. While New Zealand ministers have welcomed ...

Market Wrap

AAP  |  MONDAY, 3 JUN 2013
... eurozone. Meanwhile inflation across the single currency bloc rose to 1.4 per cent in May from 1.2 per cent in April, the first time for months that the reading has increased, separate official data showed on Friday. HONG KONG - Asian stocks were mixed ...

London firm Stratton enters Australian market

LAURA MILLAN  |  MONDAY, 13 MAY 2013
... Stratton Street's New Capital Wealthy Nations Bond Fund will available for wholesale and institutional investors for the first time in Australia, with Equity Trustees acting as the responsible entity. The fund focuses on investing in the high growth ...

Govt sharpens knife with Swiss tax treaty

JAMES FERNYHOUGH  |  MONDAY, 13 MAY 2013
The government is set an updated tax treaty with Switzerland for the first time since 1980. Federal Assistant Treasurer David Bradbury said the revised treaty would "strengthen administrative assistance between Australian and Swiss revenue authorities ...

Market Wrap

AAP  |  FRIDAY, 10 MAY 2013
... earnings reports and coincided with the US dollar breaching a key trading level against the yen, topping 100 yen for the first time in four years. LONDON - Europe's main stock markets were mixed, but Frankfurt set yet another record. London's benchmark ...

Market Wrap PM

AAP  |  WEDNESDAY, 8 MAY 2013
... after the Dow and the S&P smashed it overnight," he said. The Dow Jones Industrial Average closed above 15,000 for the first time, adding 87.31 points, or 0.58 per cent, to close at 15,056.2. The broad-based S&P 500 rose by 0.52 per cent to 1,625.96 ...