Kiwis Raise Rates Again
The Reserve Bank of New Zealand has imposed another check to the possibility of an inflation break out across the Tasman with its fourth rate rise this year this morning.
Read MoreThe Reserve Bank of New Zealand has imposed another check to the possibility of an inflation break out across the Tasman with its fourth rate rise this year this morning.
Read MoreBKI Investment (BKI), a listed investment company (LIC) associated with the Brickworks-Washington H South Pattinson group of companies dominated by the Millner family, has joined the list of LICs reporting solid results for the year to June 30.
Read MoreAugust 19 is the next big date for BHP Billiton (BHP) and its tens of thousands of shareholders, large and small.
Read MoreWell, with the frothing and fretting about inflation after yesterday’s June quarter Consumer Price Index data, there’s one forecast that can be easily made about inflation – that one is that there will be a sharp fall in the next CPI for the current September quarter.
Read MoreThe Australian market closed higher again today boosted by the better than expected “Flash” Chinese manufacturing data for July.
Read MoreAt the end of the session on Thursday the S&P/ASX200 gained 11.1 points or +0.20% on volume of $3.3 billion to close at 5587.8.
Read MoreInvestors in Australian interest rate securities are likely to come across inflation-linked bonds but may not know what they are or how they differ to non-inflation-linked bonds. As part of its regular programme of issuance, the Australian Office of Financial Management (AOFM) routinely issues inflation linked government bonds. The following article aims to highlight the core things investors should know about inflation-linked bonds.
Read MoreAfter a solid session on Wall Street the Australian market opened higher. Our market boosted by positive quarterly numbers from BHP and money going back into the banking sector.
Read MoreBHP Billiton (BHP) reported record figures for four commodities, including iron ore and coal, two of its staple products, and 12 of its global mining empire, according to the June quarter and financial year operations report released this morning.
Read MoreListed investment company, AMCIL (AMH), has sold its holdings in some of the biggest companies on the ASX, such as the ANZ and Woodside to refocus its investment portfolio on small to medium stocks.
Read MoreNetflix, the video streaming service that’s changing the world of broadcast media, has had a very profitable second quarter.
Read MoreOil Search (OSH) yesterday released its second-quarter production report, and investors liked what they saw. The report shows the company, like rivals Woodside (WPL) and Santos (STO), is benefitting from an upturn in production and prices for some products.
Read MoreFive years of market reporting and disclosures by gold miner Newcrest Mining (NCM) will be probed in court if a class action launched by a listed law company makes it to court.
Read MoreToday was a solid day for the markets and investors at last we saw the market putting some good runs on the board and the ASX 200 hit a new 6 year high.
Read MoreBy the close on Wednesday’s the S&P/ASX200 gained 33.4 points or +0.60% on volume of $3.7 billion, closing at 5576.7.
Read MoreNote: This article was originally published on Oliver’s Insights on 22 July 2014 and has been republished with permission from the original author.
Read MoreThe ASX 200 finished at 6 year high yesterday but is today coming under selling pressure in very light trade.
Read MoreAustralian Foundation Investment Co (AFI), the country’s biggest listed invest company (LIC) has started the process to boost its war chest for the coming year as it searches for new investment opportunities.
Read MoreThe damage done to the revenues of iron ore exporters by the global slump in prices in the June quarter was there for everyone to see in yesterday’s production and exploration report for the three month period from Arrium (ARI), which ships ore from its mines near its steel plant in Whyalla, South Australia.
Read MoreAustraland (ALZ) was again the first real estate investment trust to produce an earnings report for the June 30 period yesterday, and it will probably the last time its occupies that industry- leading position on the ASX with the $2.5 billion takeover by a Thai-controlled Singapore company heading for success.
Read MoreShares in stricken drilling contractor, Boart Longyear (BLY) surged (yes surged) yesterday after the company’s credit rating was again downgraded – this time by Standard & Poor’s.
Read MoreIt was another very quiet day on the Aussie market with total market turnover only at 2 Billion shares well down own the daily average. Investors nervous about entering the market at present and larger investors sitting the day out from trading ahead of tomorrow’s June quarter inflation numbers (CPI).
Read MoreBy the close on Tuesday the S&P/ASX200 added 3.4 points or +0.06% on volume of $2.7 billion, closing at 5543.3.
Read MoreTensions reduced but concern over Gaza attack still lifting oil – AUD/USD very quiet ahead of Wednesday’s CPI (June Qtr. 2014 – inflation) release.
Read MoreThe June quarter and financial year inflation data will dominate local business and economic news this week, while offshore there’s the continuing tensions over the downing of MH17 and the invasion of Gaza by Israeli armed forces.
Read MoreDon’t expect the Reserve Bank to be moved by the first significant June quarter Consumer Price Index due for release on Wednesday.
Read MoreCrude oil futures fell a touch on Friday amid continuing international tensions about the shooting down of MH17 and the Israeli invasion of Gaza saw heightened concerns about supply disruptions which in turn kept a floor on prices.
Read MoreFor all the drama and tragedy surrounding the shooting down of MH17, financial markets ended the week in good shape.
Read MoreS&P/ASX200 gained 8.2 points or +0.15% on volume of $2.4 billion, closing at 5539.9.
Read MoreThe Australia stock market finished the day higher as the ASX 200 added 8 points, while the broader All Ordinaries index was up 9.2 points. The volume was very light today and the public holiday in Japan also impacted international trading volumes.
Read MoreSantos (STO) has joined Woodside (WPL) in revealing a sharp rise in revenues.
Read MoreShares in Cardno (CDD), the infrastructure and environmental services consultancy, dipped 3.2% yesterday after the company revealed a downgrade to its earnings guidance for the 2013-14 financial year.
Read MoreDjerriwarrh Investments (DJW), the second of the listed investment companies based in Melbourne and linked to the old JBWere stable of companies, yesterday produced a solid 2013-14 result, with a profit rise of nearly 21% after tax and a final dividend of a steady 16c a share. That takes dividend for the full year to an unchanged 26c a share.
Read MoreHigher gas prices along with higher volumes of oil (and higher oil prices) sold helped to offset a lower level of shipments for Woodside Petroleum (WPL) in the June quarter and for the first half of the year.
Read MoreIf Rupert Murdoch wants to cap his career as a media mogul by grabbing control of rival Time Warner, he will have to bet the company, including the family’s control over it, to succeed. Time Warner has rejected the $US80 billion cash and shares offer from Murdoch’s 21st Century Fox because the equity on offer from Fox consists of non-voting A class shares – the ones the Murdoch family have all but rejected.
Read MoreWorld markets went to risk off overnight, sending prices lower in Europe and the US after the shooting down of a Malaysian Airlines jet over eastern Ukraine and the launching of a ground invasion of Gaza by the Israeli military.
Read MoreBy the closing bell on Friday the S&P/ASX200 gained 9.3 points or +0.17% on volume of $3.4 billion, closing at 5531.7.
Read MoreAs the day worked on, the markets started to calm down as more information over the Malaysia Airlines situation came to light. By the close the All Ordinaries Index (XAO) was up by 0.17 per cent to 5519.1 points.
Read MoreBuried by all the hoo-ha about Rupert Murdoch’s $US80 billion bid for Time Warner was a smaller, but just as significant move in Britain overnight by US cable mogul, and Murdoch nemesis, John Malone, who is the only person to have taken Murdoch to the cleaners in an $US11 billion bit of greenmail in late 2006.
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