The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
Investors and the media need to be more prudent when acting on reports or press releases that could represent hoaxes in an increasingly digital world, according to the corporate and markets regulator, the Australian Securities & Investments ...
The Australian share market rose early today after dovish comments from Federal Reserve chairman Bernanke prompted short covering in some recent laggards. In a speech at the University of Michigan, the Fed chairman said there was "quite a ...
Tags: Australian Stockmarket, Bernanke, economy
The Australian dollar was slightly higher, despite weakness in global stock markets and disappointing German economic growth figures. At 6.30am AEDT the currency was trading at 105.52 US cents, up from 105.48 US cents at yesterday’s ...
Tags: Australian dollar, global stock markets, economic growth
The Australian dollar was little changed yesterday in Asian trading, in a muted response to remarks from US Federal Reserve chairman Ben Bernanke that the world's largest economy still had quite a way to go towards recovery, despite recent ...
The chairman of the Australian Securities & Investments Commission has broken ranks with Treasurer Wayne Swan on reform of the bond market, saying that any move to establish a retail corporate bond market must wait until there is a deep and ...
Tags: Australian Securities&Investments Commission, bond market
The Australian dollar has ended the local trading day a touch lower, after market players were disappointed by a speech from US Federal Reserve chairman Ben Bernanke. At 5pm AEDT, the Australian dollar was trading at 105.48 US cents, down ...
The Australian dollar rose steadily yesterday as Chinese stocks started the week with a strong performance. However, it was well down on Friday. The Shanghai Composite index was up 2.1 per cent, buoyed by remarks from the head of China's ...
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
THE Australian sharemarket closed lower amid profit taking today and mixed messages about economic data out of Asia. At the close,the benchmark S&P/ASX200 index was 13.5 points,or 0.28 per cent lower at 4709.5,while the broader All ...
Tags: Australian sharemarket, mixed messages about economic data
The Australian dollar was almost half a US cent lower after investors sold off the currency on Friday night in response to Chinese inflation figures. At 6.30am AEDT the Australian dollar was trading at 105.39 US cents, down from 105.82 US ...
Tags: Australian Dollar, Chinese inflation figures, currency, economy
An episode of "Dr. Phil" this week that focused on elder abuse—both financial and physical—struck a chord with a number of people, if the show's comments section is any indication. Numerous commenters reported abuse of their own ...
Tags: Dr.Phil, financial abuse, elder, relatives
A big jump in China's trade surplus buoyed the Australian dollar as dealers bet that the world's second-biggest economy was recovering faster than expected. China's monthly trade surplus widened to $US31.6 billion ($29.9bn) in December, ...
Tags: Dollar, trade surplus, Australian dollar, currency
The Entertainer has enjoyed another record Christmas, recording a like-for-like sales increase of 9.5 per cent in the five weeks to December 29th. The specialist toy chain told Retail Week that it maintained margins as total sales boomed ...
Tags: toy chain, toy, Christmas sales, store sales