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| | | Queensland Investment Corporation (QIC) has awarded a mandate worth more than $150 million to Pengana Capital's Global Volatility fund. Alvin Wilkinson, principal portfolio manager of Global Volatility at Pengana, said the mandate was the product of ... |
| | | | ... declined 386.33 points, or 2.48 per cent, to 15,197.09. HONG KONG - Blue chips sank 3.88 per cent and China plays tumbled close to 6 per cent in a broad sell-off as investors feared more fallout from the credit crisis, dragging the market to five-week ... |
| | | | ... billion yen and delay a merger. The Nikkei fell 188.15 points to 15,583.42. HONG KONG - Stocks surrendered earlier gains to close flat on low volumes, as investors grew cautious over the prospect of more bad news about risky credit being unveiled on ... |
| | | | Like a house of cards near an open window, many things tumbled overnight - US shares, the ASX/S&P 200, Asian stocks, the FTSE, US bond yields, gold, base metals, the Aussie dollar and, on the upside, oil prices also dropped. Asian markets tumbled after ... |
| | | | ... considerable distances from their family home in their retirement years." By contrast Australian retirees prefer to remain close to the old neighbourhood and their families, friends and the local doctor. Major pressure points in Australia are departure ... |
| | | | The Australian share market is expected to open trading higher this morning, with anticipated impact on the mining sector after BHP Billiton last night announced it had made a STG120 billion ($A272.05 billion) takeover bid for Rio Tinto. If successful ... |
| | | | ... mortgage financiers Fannie Mae and Freddie Mac as part of an investigation into the home loan industry. By the preliminary close in New York, the Dow Jones industrial average was down 311.52 points, or 2.27 per cent, to 13,350.42, the Standard & Poor's ... |
| | | | ... Stevens said, "Inflation in Australia has increased. Underlying inflation was 0.9 per cent in the September quarter and close to 3 per cent over the past year." "By the March quarter of next year, both headline and underlying measures of inflation are ... |
| | | | ... 1.20 per cent, to finish unofficially at 1,520.27. The Nasdaq Composite Index was up 30.00 points, or 1.07 per cent, to close unofficially at 2,825.18. LONDON - Britain's index of leading shares gained on Tuesday. The FTSE 100 closed 13.5 points higher ... |
| | | | Australian shares were higher at noon on thin trading because of Melbourne Cup Day. At 1200 AEDT, the benchmark S&P/ASX200 index was 60.9 points higher to 6643.2, while the All Ordinaries was 52.4 points stronger to 6672.5. On the Sydney Futures Exchange ... |
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