Michael West: Lots to learn about Opes
Given the crisis, there is some concern from retail investors over other margin lenders and stockbrokers.
Receivers target Opes six
The receivers of the failed broker Opes Prime are now targeting six clients, including the Sydney lawyer Chris Murphy, to recover up to $300 million.
Business News Wire
11:13AM
St George appoints retail bank boss
10:43AM
Stockland sells Adelaide shopping centre
10:06AM
Jobs competition rises: SEEK index
10:00AM
ANZ warns rise in collective provision
9:48AM
Motorists buying more smaller cars: NZ
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ASX: Shares little changed, ANZ tumbles
Australian shares hardly move, as ANZ and other banks fall on worries over more writedowns for bad assets.
Aussie dollar firmer after weak US jobs data
The Australian dollar opens firmer as the weakest American employment data in five years kept the domestic currency above $US0.9200.
US dollar trades near 1-week low vs yen
The US dollar trades near a one-week low against the yen before a US report that may show fewer Americans signed contracts to buy previously owned homes in February.
| Around the market at 11:29AM EST, 7 Apr 2008
|
| Nasdaq |
2370.98 |
+ 7.68 |
+ 0.32% |
| All Ords |
5682.6 |
+ 18.9 |
+ 0.33% |
| CAC |
49.13 |
+ 0.13 |
+ 0.27% |
| Hang Seng |
24264.63 |
+ 0.0 |
+ 0.0% |
| NZX |
3645.33 |
+ 14.1 |
+ 0.39% |
| AUD/USD |
0.9203 |
- 0.0013 |
- 0.140% |
|
|
|
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Make your call
T3 or not T3 - that is the question long-suffering Telstra shareholders will be asking as the deadline to make the second and final payment on their instalment receipts looms.
Keep cool in the kitchen
A visit from a consultant helped restaurateur Richard Mee let go of the apron strings.
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