2011: Bailout, Spain, Belgium Join The Game
Welcome to the game for all the investing family for 2011 and beyond.
Read MoreWelcome to the game for all the investing family for 2011 and beyond.
Read MoreAmerican investors large and small and many market commentators around the world are having themselves on if they think the Fed’s $600 billion second round of spending and the mooted $US858 billion tax deal, are going to solve the biggest problem in the US at the moment.
Read MoreThe key to Australia’s economic performance and the direction of the stockmarket next year will be driven by Asia and especially China.
Read MoreAs we approach the end of 2010 and the start of the New Year, what do some of the world’s biggest investors want in their Christmas stockings, or rather what do they see in their crystal balls?
Read MoreThe latest car sales figures and the Westpac/Melbourne Institute consumer sentiment survey have underlined the paradox central to the current state of the Australian economy, especially where consumers are concerned.
Read MoreNaturally shares in Sydney-based building supplies company Crane Group jumped more than 20% yesterday after New Zealand-based Fletcher Building made a surprise $740 million takeover offer.
Read MoreSurfwear retailer Billabong has joined The Reject Shop in downgrading interim and full year sales and earnings forecasts as the retailing slowdown bites deeper.
Read MoreConfidence among Japan’s largest manufacturers has worsened for the first time in seven quarters, but so far a repeat of the slump in 2008 isn’t on the cards.
Read MoreShares in PanAust Ltd jumped more than 10% yesterday after the company revealed a surprise production upgrade.
Read MoreOn the face of it the latest housing starts from the Australian Bureau of Statistics were terrible, down 13.2% in the quarter ending September 31.
Read MoreThe heavy rain across much of Eastern Australia since September has played a big part in reducing forecast 2011 financial year commodity export income by $3.8 billion, according to the country’s leading commodity analyst and forecaster.
Read MoreBusiness conditions and confidence remain weak, according to the latest monthly survey from the National Australia Bank.
Read MoreWall Street was confident enough to be up 70 points on the Dow ahead of the US Federal Reserve’s announcement at 6.15 am.
Read MoreTransfield Services is raising nearly $300 million to help pay for a move deeper into the resources sector through the purchase of the Queensland-based resources services provider Easternwell Group for $575 million.
Read MoreA less than auspicious stockmarket start yesterday for Westfield Retail Trust (WRT), the spin-off from the Lowy family’s Westfield Group.
Read MoreAustralians might have borrowed more for housing in October, but overall personal credit shrank, the latest figures from the Australian Bureau of Statistics showed yesterday.
Read MoreWesfarmers big Curragh coal mine in Queensland continues to lose sales and production, thanks to the continuing big wet.
Read MoreThe Reserve Bank Governor Glenn Stevens got to the heart of our confected argument over bank competition with the following comments in his opening remarks to the Senate banking inquiry in Sydney yesterday.
Read MoreInflation surging, house prices still rising on a month to month basis, bank lending up, industrial output higher, car sales and production higher, commodity imports surging, exports up; the Chinese economy is rushing head long into 2011 without a look back.
Read MoreEven as the latest rise in China’s inflation rate took the headlines in the data dump for November last weekend, the really stunning bit of news was the surge in imports of commodities by Chinese companies (and the government?).
Read MoreChina again showed us its power over commodity prices on Friday.
Read MoreUS markets finished the week on a high note with a rise in US consumer confidence to its highest level in six months and a much bigger-than-expected fall in the country’s trade deficit, lifting investor confidence in the strength of the recovery.
Read MoreAmerica dominates the week with some significant bits of economic data to be released.
Read MoreThe AMP’s chief strategist, Dr Shane Oliver says that while 2010 has been somewhat disappointing for investors, 2011 is likely to see global growth continue, and this combined with attractive valuations and easy money is likely to underpin renewed acceleration in the recovery in shares and other growth oriented investments.
Read MoreBe very scared from now on.
Read MoreThe New Zealand economy and the country as a whole have certainly been hammered hard lately.
Read MoreRetailing is turning into a war zone where even the cheapest and most efficient operators are being whacked by cautious consumers and the sluggish pace of demand in the economy.
Read MoreAs we approach 2011, the Australian economy continues to throw up paradoxes, as we saw yesterday.
Read MoreAhead of today’s AGM, Bank of Queensland last night downgraded its full year cash profit guidance and substantially raised its projections for bad and doubtful debts for the first half.
Read MoreExploration spending fell in the three months to September as another big drop in exploration for petroleum products offset a small rise in spending on mineral exploration.
Read MoreAre we going to see a repeat performance from Centro Properties and Centro Retail Trust?
Read MoreJust as federal parliament and an assortment of lobbyists, urgers and well-meaning people start the big inquiry into banks and banking competition next week, we may have seen the first real stirrings of life in the non-bank lending sector since the credit crunch struck in late 2007.
Read MoreIt’s not only global wheat prices which are rising as a result of the wet weather in Eastern Australia.
Read MoreWell, media reports had heartache in store for farmers yesterday with the latest winter harvest update from the federal government’s commodities forecaster, ABARE (Australian Bureau of Agricultural and Resource Economics).
Read MoreWell, you would have had to be a brain-dead economist or analyst to have tipped a rate rise from yesterday’s final Reserve Bank board meeting.
Read MoreA rising commodity price does wonders to the outlook for producers, be they iron ore producers, gold miners or copper companies.
Read MoreWestfield Holdings said yesterday it had raised $2.01 billion from its public offer to establish Westfield Retail Trust.
Read MoreAnother well-performing part of the so-called two speed economy (so far it’s probably up to five, if you count the strong sectors of the economy) is the auto industry.
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