US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
Soitec of Bernin, France, which makes engineered substrates including silicon-on-insulator (SOI) wafers (as well as III-V epiwafers through its Picogiga International division), has finalised the ZAR 1,000,000,000(more than $100m) solar ...
Tags: Soitec CPV, Soitec
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Aggressibe new stimulus measures from Japan's central bank helped pull stocks higher and offset a downbeat report from the US labour market. The Dow Jones Industrial Average rose 55.76 points, or 0.4 per cent, to close at 14606.11, ...
US stocks started the second quarter down, pressured by disappointing manufacturing data, after the Dow industrials and S&P500 capped off the first quarter with records. The Dow Jones Industrial Average declined 5.69 points, or less than ...
Tags: US Stocks, Stocks, stock index
INVESTORS traded through the political leadership drama in Canberra yesterday with an eye firmly on the federal election in September, encouraged that almost three years of minority government that has contributed to uncertainty on policy ...
US stocks moved lower as prices took a hit from continued uncertainty about the fate of a bailout plan for banks in Cyprus and weakness in technology shares. The Dow Jones Industrial Average shed 90.24 points, or 0.6 per cent, to ...
Investors took a record high for US stocks - the bellwether Dow Jones Industrial Index eclipsing its pre-global financial crisis peak - as confirmation that the US economic recovery is gathering strength and sent the local market to its ...
Tags: US stocks, Stockmarkets, Stocks
Auckland-based medical device company Nexus6 has secured $3m from Australia-based life sciences investment firm BioScience Managers. Nexus6 will use the capital to support international expansion of its asthma monitoring technology and ...
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before the deadline, only to rebound merely on the news that the House would reconvene Sunday, ...
Tags: jittery session, ConvergEx Group, company news, stocks
Life and business underwriter Erie Insurance has named Brad Postema as senior vice president and chief investment officer. The US insurer stated that Postema will be responsible for the investment planning of Erie Insurance Exchange, its ...
Farmers Mutual Hail Insurance of Iowa (FMH) has selected Miles Capital as fixed income manager, under which it will manage nearly $220m of the fund of the Insurance Asset Management Team. Managing assets for many Property & Casualty ...
Northwestern Mutual Life Insurance has appointed Ron Joelson as its new chief investment officer. Joelson, who is currently the chief investment officer of Genworth Financial, will succeed Mark Doll, who retires on 30 June 2012 following ...