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Dropped like hot BRICs

What was the hottest acronym in investing has in the course of the past year become a group of BRICs weighing down investment portfolios. Shares listed in emerging markets, as represented by the heavyweights of the pack - Brazil, Russia, India and China - have had a dreadful 12 months.
7yr ago

Housing troubles but market still up

THE sharemarket closed higher yesterday, despite a worrying slump in new home sales, as investors prepared for an important speech by the US Federal Reserve chairman on Friday.
7yr ago

Housing troubles but market still up

THE sharemarket closed higher yesterday, despite a worrying slump in new home sales, as investors prepared for an important speech by the US Federal Reserve chairman on Friday.
7yr ago

PMP hoping to cash in on portfolio deal

PRINTER and publisher PMP is moving to capitalise on strong investor demand for industrial portfolios with the sale and leaseback of four facilities across Australia.
7yr ago

Urban renewal chief facing corporate ban

THE head of urban renewal authority Places Victoria, Liberal Party stalwart Peter Clarke, faces a ban from corporate life over the failure of a $550 million retirement village group.
7yr ago

Wooldridge faces boot from boards

THE former health minister Michael Wooldridge faces a ban from corporate life over his stint as chairman of the company that ran the failed retirement village group Prime Retirement and Aged Care Property Trust.
7yr ago

FKP aims to raise $200m to reduce debt

FKP Property is looking to raise about $200 million to retire debt and its key shareholders, Stockland and Mulpha, are expected to support the deal.
7yr ago

...AND ANOTHER THING

"KEEP your enemies close", goes the saying. Abbott shaves the face of his worst enemy every morning. Can't get closer than that. Gary Sayer, Warrnambool
7yr ago

Labor picks its new man for Bendigo

THE Liberal Party has preselected small business owner Greg Bickley to run in retiring Labor backbencher Steve Gibbons' Bendigo seat, against union official Lisa Chesters.
7yr ago

Another reasonable month for the share market

August has, to date, been another reasonable month for the share market. By close of play on 24 August, the Australian share market showed a rise of 2.7% for the month to date, while the US share market, as measured by the S&P500 index, was up by 2.3%. For the calendar year to date, the two markets are up by 8.1% and 12.2% respectively.
7yr ago

CMC Markets Weekly Report

Stocks in the U.S. rallied to close near session highs on Friday after Bernanke reiterated that there is further room for the central bank to act and following reports the ECB is considering setting yield band targets in a new bond-buying program.

7yr ago

Holy bat-benchmarks, Super Pottsy is up, up and away

KERTHWAK! That's the sound of the market snapping up 1.2 per cent. Bam! Whack! Kapow! That's the symphony of sound effects accompanying our new shares race superheroes as they demolish the benchmark and post some dizzying gains at the end of week one.
7yr ago

Abortion rights safe: PM

Labor will always support and protect access to publicly funded abortions, Prime Minister Julia Gillard has promised in yet another pitch to the female vote.
7yr ago

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