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General

ASIC blacklists Florida-based company named Aragon, warns investors

The Australian Securities and Investments Commission (ASIC) has today warned Australians against investing funds through an organization called Aragon Currency Management...

Aberdeen terminates equity income fund

Aberdeen Asset Management has wound-up its wholesale Equity Income Fund, the group has announced.

New Zealand Reserve Bank keeps interest rate on hold

The New Zealand Reserve Bank’s easing cycle has hit a wall due to the housing market boom...

Midday market wrap: $A slips below 64 US cents

Japan's key Nikkei average was off opening highs by mid-morning on Thursday as buying of several exporters lost steam after the yen rose to a three-and-a-half month high against the US dollar...

Sealcorp announces new moves to strengthen distribution

In yet another instance of a major wealth management group moving to strengthen distribution capabilities, Sealcorp Holdings, part of the St. George group, has announced the merger of its Pact and Securitor dealer groups

Retail trade increases 0.8% to $15.12 billion in July: ABS

Retail Trade in Australia had reached $15.12 billion in July, reflecting an increase of 0.8 per cent in value compared with the month of June...

Forecast of weakened non-farm economic growth in the near future: economist

The latest data released on the Australian and world economy reveal that the local economy has slowed with a weakened forecast of growth in the non-farm economy...

Interest rates on hold for 15th month in a row

The Reserve Bank of Australia (RBA) has opted to leave interest rates on hold for the 15th consecutive month...

Morning market wrap: Manufacturing data propels US stocks higher

The Nasdaq composite index closed at 17-month highs, and US bluechip indices closed at 14-month highs, following a jump in the ISM index in August...

Afternoon market wrap: All Ordinaries edge lower

The All Ordinaries ended trading today on negative territory as the dollar also finished weaker losing half a US cent by the close. The dollar is currently trading at US$0.637...