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Australian Stock Market Report � Afternoon August 20, 2014
Other stocks trading ex-dividend today are entertainment product discount retailer JB Hi-Fi (JBH) and specialist fund managers Magellan Flagship Fund (MFG) with dividends of 29 cents and 21.8 cents per share respectively. 2.35billion shares were traded ...
Palmer, like Hanson, is drawing out poison
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The RBA plays a dangerous game with its dollar bet
Reserve Bank of Australia Governor Glenn Stevens fronted the House of Representatives this morning to provide testimony on the state of the Australian economy.
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There's only one cure for the eurozone's terminal disease
... only one cure for the eurozone's terminal disease. Oliver Marc Hartwich; 21 Aug, 6:54 AM; 4 comments · Economy · Global News · European Crisis.
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Platinum Asset Management Limited reports full-year results: Should you buy?
So What: Over the past 19 years Platinum's flagship International Fund has appreciated an average 13.01%pa - easily outperforming the benchmark MSCI World Index (5.6%pa) and the Australian All Ordinaries Accumulation Index (9.34%pa).
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Scoreboard: Fed breather
According to minutes from the last Federal Reserve meeting some members were encouraged by recent developments: "Labor market conditions had moved noticeably closer to those viewed as normal in the longer run.
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Scoreboard: Housing highlight
In US economic data, both headline and core measures of consumer prices rose just 0.1 per cent in July, just below forecasts. Housing starts rose by 15.7 per cent to a 1.093 million annual rate in July, well above forecasts centred on a result near 969 ...
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BofA reaches $US17bn settlement
Bank of America has reached a record $US17 billion ($18.26bn) settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, officials directly familiar with the matter have revealed ...
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US rate hike debate heating up
US Federal Reserve officials debated at their July meeting whether to move sooner than expected to start raising interest rates in light of an improving job market and rising inflation, but decided they needed more evidence before concluding that was ...
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Hollande sticks to growth plan
... 21 Aug, 2:16 AM. Economy · Global News · European Crisis. France's Socialist President Fran�ois Hollande vowed Wednesday to stick to a fiscal program he set out in January, even as he returned from a short vacation to find that the country's economy.
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