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Showing 851 - 860 of 1265 results for "US DOL"

ING IM appoints Taurus for gold strategy

PRESS RELEASE  |  WEDNESDAY, 24 FEB 2010
ING Investment Management has appointed Sydney-based Taurus Funds Management to invest in gold and precious metals within the OptiMix Diversified funds. Emmanuel Calligeris, chief investment officer, multi strategies group at ING Investment Management ...

Goldman Sachs backs Greek swap deal

COMPANY RELEASE  |  TUESDAY, 23 FEB 2010
Goldman Sachs has defended its swap agreement with Greece, describing the transaction as "common practice" and consistent with Eurostat principles. The global investment bank said Greece entered a series of hedging agreements designed to transform foreign ...

Change of heart

BENJAMIN ONG  |  TUESDAY, 16 FEB 2010
It wasn't that too long ago that central banks the world over were losing their attraction for the US dollar and diversifying their currency reserves. China, Russia, Asian and Middle Eastern central banks were falling in love with the yen and the euro ...

Mercer recommends pullback on global equities

COMPANY RELEASE  |  THURSDAY, 11 FEB 2010
Mercer is advocating investors move their global equities allocation back to benchmark weight for now as investment markets start to look fair value. The firm's January 2010 Dynamic Asset Allocation Market Valuation and Review, which the firm prepares ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
"Absolutely not!" "That will never happen to this country." This was US Treasury Secretary Timothy Geithner's when ABC News asked if he was concerned over a possible downgrade of America's credit rating. Worries about the US credit rating made the headlines ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 FEB 2010
The Australian share market continued to fall in morning trade, with major resource and financial stocks weighing on the main indices. At 1200 AEDT, the benchmark S&P/ASX200 index was down 40.2 points, or 0.86 per cent, at 4,607.7, while the broader ...

Gold's dimming lustre

BENJAMIN ONG  |  THURSDAY, 4 FEB 2010
Gold's spectacular run in 2009 appears to have run out of puff this early in the New Year. The yellow metal produced a hefty 27.1 per cent return last year as prices jumped from US$862.20 per ounce in January 2009 to a high of US$1,212.00 an ounce on ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 JAN 2010
Australian stocks are set for a weaker opening with worse than expected US employment data causing significant falls on Wall Street. At 0821 AEDT on the Sydney Futures Exchange, the March share price index contract was 72 points lower at 4,575. In economic ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
Australian stocks are expected to open higher on Thursday with the Federal Reserve's positive statements about the state of the economic recovery in the US driving gains on Wall Street. At 0804 AEDT on the Sydney Futures Exchange, the March share price ...

Bonds need a double dip

BENJAMIN ONG  |  TUESDAY, 19 JAN 2010
It cannot be denied that risk assets trounced defensive ones in 2009 - and by a long shot - as investor optimism surrounding the global recovery gathered pace. But as 2009 became 2010, investors seemed not too sure. Suddenly investors are not so sure ...