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Market wrap - midday

AAP  |  FRIDAY, 1 FEB 2008
... cents stronger at 56 cents. The spot price of gold in Sydney was $US926 per fine ounce, up 75 US cents from yesterday's close of $US925.25. The gold producers were mixed with Lihir Gold down four cents at $3.68, Newmont Mining down 17 cents at $6.02 ...

Market Wrap - Morning

AAP  |  FRIDAY, 1 FEB 2008
The Australian share market is expected to open higher as New York surged after a major bond insurer reassured investors about its stability, fueling a rebound by financial shares hammered recently by the prospect of crumbling credit markets. In London ...

Valad splurges $138m for debut purchase

RUTH LIEW  |  THURSDAY, 31 JAN 2008
... $137.8 million purchase is the first investments made by the fund which raised $340 million in debt and equity in its first close last Friday. The fund has also exchanged contracts on five office buildings at Parkway Court, Oxford Business Park ($19.7 ...

Market Wrap - Morning

AAP  |  THURSDAY, 31 JAN 2008
The Australian share market is expected to open lower after US stocks turned negative as investors worried about ratings agencies cutting the triple-A rating on the two companies, which together insure more than $US1 trillion in bonds. Wall Street initially ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 JAN 2008
The Australian share market was 0.6 per cent stronger just after noon, tracking gains on Wall St, after US investors bought financials in anticipation of yet another rate cut by the Fed. Higher commodity prices supported local mining and energy stocks. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 JAN 2008
The Australian share market is expected to open higher with with base metal prices jumping and Wall Street making gains as interest-rate-sensitive shares were snapped up by investors. The US Federal Open Market Committee (FOMC) continues its two-day ...

Market Wrap - Midday

AAP  |  TUESDAY, 29 JAN 2008
The Australian share market has opened lower, shrugging off a positive run by US equity markets which rose overnight on strengthening expectation that the US Federal Reserve again will cut rates this week. At 1015 AEDT, the S&P/ASX200 index was down ...

Vietnamese fund draws global attention

RUTH LIEW  |  TUESDAY, 29 JAN 2008
... said: "Foreign business groups are a good choice as they have advantages in their experiences, technology, resources and close links with partners around the world." "Their support makes it easier for us to expand our operations and investment in various ...

Valad ups stake in UK property

RUTH LIEW  |  TUESDAY, 29 JAN 2008
... Property Group, has launched a new wholesale property fund targeting the UK property market. Valad announced last week the close of its first capital raising for the company's $1.1 billion Opportunity Fund targeting multi-sector opportunities in the ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 JAN 2008
... after more weak housing data bolstered expectations the Federal Reserve will slash rates later this week. At the unofficial close on Wall Street, the Dow Jones industrial average was up 177.29 points, or 1.45 per cent, at 12,384.46. The Standard & Poor's ...