Local stocks managed to make it six wins in a row today, as investors shrugged off a weak offshore lead and focused on positive economic data.
Admin System
Dec 16, 2010
HedgeFund.Net study shows that the funds-of-hedge funds estimated total assets of $920 billion on the third quarter represents 4 per cent increase during the year.
Admin System
Dec 16, 2010
Fueled by the inflow of capital from investors who now appear to have more appetite for riskier assets, Hedge Fund Research, Inc. (HFR) Wednesday reported an increase in the number of hedge fund launches for the third quarter.
Admin System
Dec 16, 2010
Local stocks are attempting to make it six wins in a row, despite a weak lead from offshore markets.
Admin System
Dec 16, 2010
The Australian dollar fell back through USD0.9900 overnight on renewed concern over European sovereign debt.
Admin System
Dec 16, 2010
Australian consumer are more upbeat leading into the holiday season with consumer confidence improving for December growing 0.2% from -5.3% last month.
Admin System
Dec 16, 2010
U.S. stocks fell slightly Wednesday, despite improving U.S. economic data, as investors continued to worry about euro-zone finances.
Admin System
Dec 16, 2010
US industrial output rose 0.4pct in November - marking its biggest gain since July and ahead of expectations.
Admin System
Dec 16, 2010
The Australian stock market closed flat late trade.
Admin System
Dec 15, 2010
The Australian bond weakened after US central bank declared that the ongoing economic recovery is not sufficient to hamper increase in unemployment.
Admin System
Dec 15, 2010
Local stocks tracked sideways today, however the marginal gain was enough to make it five wins in a row for the local share market.
Admin System
Dec 15, 2010
Local stocks are posting modest gains in early trade, following a strong offshore rally.
Admin System
Dec 15, 2010
The Dow Jones Industrial Average climbed to its highest intraday level in more than two years Tuesday as Federal Reserve officials stuck to their easy money policy while data showed rising sales in the retail and business arenas.
Admin System
Dec 15, 2010
Reports from Australia revealed business confidence had declined from the previous month while the number of new homes for the 3rd quarter contracted by -13.2%.
Admin System
Dec 15, 2010
The Australian Dollar has opened firmer this morning after trading to a high of USD1.0025 in the offshore session.
Admin System
Dec 15, 2010
US retail sales rose by 0.8pct in November - marking the fifth straight month of gains and ahead of expectations.
Admin System
Dec 15, 2010
The Australian share market closed slightly firmer, buoyed by resources and energy stocks.
Admin System
Dec 14, 2010
Local stocks recorded another modest gain today, with mining stocks managing to outweigh falls from the banks.
Admin System
Dec 14, 2010
APRA Chairman John Laker ensures covered bonds do not jeopardize depositors' interest
Admin System
Dec 14, 2010
Local stocks are trading flat at lunchtime in the East, with losses from the banks offsetting gains from mining stocks.
Admin System
Dec 14, 2010
The AUD has risen over a cent during the offshore session, currently trading around USD0.9950, with a combination of factors affecting its leap back towards parity.
Admin System
Dec 14, 2010
The Australian Dollar rallied offshore to a monthly high as global equities and commodities soared after China refrained from raising interest rates.
Admin System
Dec 14, 2010
U.S. stocks rose Monday after China elected not to raise interest rates and as Democrats anticipated the tax agreement would pass in the Senate.
Admin System
Dec 14, 2010
The OECD leading indicator for 29 countries lifted from 102.5 to 102.6 in October with activity accelerating in the US, China and France but easing slightly in Germany and Japan.
Admin System
Dec 14, 2010
The Australian share market was driven marginally higher by the big four banks and miners.
Admin System
Dec 13, 2010
A day after the government announced its proposed reforms to the financial system, Reserve Bank governor Glenn Stevens warned that the government should be careful in its attempts to promote competition in the banking sector.
Admin System
Dec 13, 2010
Local stocks eked out a small gain today, but came off earlier highs due to falls from regional lenders and a flat finish from index leader BHP Billiton (BHP).
Admin System
Dec 13, 2010
Local stocks have kick started the trading week on a strong note, thanks to a positive offshore lead.
Admin System
Dec 13, 2010
Australian iron ore producer Fortescue Metals Group Ltd (ASX: FMG) today priced its previously announced offering of senior unsecured notes.
Sharon Olalia
Dec 13, 2010
The Australian Dollar has opened today where it closed on Friday evening in the mid .9800’s as the fears that China would raise interest rates to cool down their fast expanding economy did not eventuate.
Admin System
Dec 13, 2010