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MLC tailors critical illness underwriting

MICHAEL HOBBS  |  TUESDAY, 6 NOV 2007
MLC has strengthened its underwriting business by creating the Critical Illness-Special Risk tool and by hiring additional experts to help advisers. Tracey Crowe, chief underwriter at MLC, said the Critical Illness-Special Risk tool would allow MLC ...

Markets shake rattle and roll

SUZY MAC  |  TUESDAY, 6 NOV 2007
... of sensational news from PetroChina, the market took the news hard with the benchmark Shanghai Composite index falling to close down143 points. PetroChina's meteoric rise has seen it push Exxon Mobil off the podium to become the largest company in the ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 NOV 2007
... Citigroup's subprime losses hurting Asian markets. The Nikkei fell 1.5 per cent, or 248.56 points, to 16,268.92, its lowest close since September 18. HONG KONG - Hong Kong stocks dived, with blue chips recording their greatest decline since September ...

Market wrap - midday

AAP  |  MONDAY, 5 NOV 2007
At 1200 AEST, the benchmark S&P/ASX200 index was 77 points lower to 6619.6 while the All Ordinaries was down 72.2 points to 6654.5. On the Sydney Futures Exchange, the December share price index contract was 65 points lower to 6633 on a volume of 15,372 ...

IIFA pledges global reporting standards

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
... particular problems. On a country-by-country basis, this will have to be worked through. The members feel we need to have a very close watch on this issue, because we do not want to undermine any of the very sound practices that we have on reporting ...

Market Wrap - Morning

AAP  |  MONDAY, 5 NOV 2007
The Australian share market is likely to open higher today, after a positive ending to Friday's trade in New York. At 0753 AEDT on the Sydney Futures Exchange, the December share price index was up 25 points to 6723. Today, the Australian Industry Group/Commonwealth ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 NOV 2007
... cent. PARIS - The CAC-40 index closed at 5,730.92 points, down 117.03 or 2.00 per cent. TOKYO - Stocks posted their highest close in two weeks as a Federal Reserve interest rate cut, surprisingly brisk US economic growth data and a softer yen boosted ...

Market Wrap - Midday

AAP  |  THURSDAY, 1 NOV 2007
... stocks that have US dollar-based earnings." In the US overnight, the Dow Jones industrial average leapt 137.54 points to close at 13,930.01 while the Standard & Poor's 500 Index lifted 18.36 points to 1,549.38. The Nasdaq Composite Index surged 42.41 ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 NOV 2007
The Australian stock market is expected to open higher following a strong performance on Wall Street overnight, higher prices in base metals and in precious metals, and a new record high for oil in New York. At 0750 AEDT on the Sydney Futures Exchange ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 31 OCT 2007
... average fell 47.07 points to end the day at 16,651.01. HONG KONG - Hong Kong stocks erased opening losses to hit a record close, as strong fund flows and the expiry of index futures fed gains in mainland lenders, which found support from a recent string ...