THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy
High-Frequency traders who bombard the stockmarket with trade messages should wear a higher share of the supervision costs than genuine traders, according to Australia's retail fund managers. The Financial Services Council said it would ...
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