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| | | Advance Asset Management, the specialist finds management arm of the St George Group, is to launch 10 new retail funds, which will open to investors in mid-May. The product launch will see Advance increase its retail funds offering to 20, up from 12 ... |
| | | | ... benefited global growth but, left unchecked, has the potential to drag it down. In an exclusive interview behind the vermilion red walls of the Zhongnanhai leadership compound, Wen also expressed optimism that the North Korean nuclear crisis could be ... |
| | | | ... concerns about rising interest rates and heightened tensions in Iraq, along with worries about China 's efforts to cool its red-hot economy, overshadowed investors'recent enthusiasm about strong corporate profits. Shares of metals and mining companies ... |
| | | | Lend Lease Corp is reportedly believed to be considering a merger with its listed General Property Trust to form a group worth about $11 billion. The Sydney Morning Herald reported property analysts as saying Lend Lease was now under increasing pressure ... |
| | | | Telstra today topped market expectations, reporting third quarter sales revenue had risen by 1% to $5.014 billion. The result compares to market expectations of an increase between 0.4-0.5%. Underlying sales revenues for the three months ended March ... |
| | | | Shares in AMP climbed 4% yesterday after the recovering financial services company said the completion of a near $1 billion buyback of income securities would help halve its debt. Chief executive Andrew Mohl said 31,000 income securities holders, representing ... |
| | | | Hedge funds returned 0.29% in March, outperforming broad market indices, which produced negative returns in the month, according to US-based Hennessee Group. The March rise in the Hennessee Hedge Fund Index, a weighted average of the 24 Hennessee hedge ... |
| | | | Reserve Bank Governor Ian Macfarlane will this week outline the global economy's impact on Australia, with analysts watching hawkishly for any indication of future policy. With the RBA deciding last week to hold official interest rates, there will be ... |
| | | | The federal Budget was $4.5 billion in the red eight months into the financial year, due largely to higher education costs at the start of the school year. Finance Minister Nick Minchin said the underlying cash balance for the year to date February ... |
| | | | A Victorian court has dismissed businessman John Elliott's appeal against a Supreme Court judgment banning him from acting as a company director. The ban was imposed last year for four years and Elliott ordered to pay a share of almost $1.43 million ... |
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