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AMP Capital and China's biggest insurer China Life will establish a new funds management company in China with the hope of handling some of the $800 billion on offer.AMP will hold a 15 per cent stake ..
The Australian stock market has closed one per cent higher due to stronger than expected Chinese manufacturing data.Official manufacturing numbers number released over the weekend and figures from HSB..
The latest round of figures tell a familiar story - the economy's growing, but not quite as fast as we'd all prefer. We haven't yet seen the full picture for the June quarter. That will come on ..
Mining giant Rio Tinto has loaded the first shipment of iron ore from its expanded Pilbara operations in Western Australia. Rio says the milestone begins the commissioning of its expanded port, rai..
Company profits were weaker than expected in the June quarter but they shouldn't be a drag on economic growth figures due out on Wednesday. June quarter business indicators data showed an 0.8 per c..
Billabong shares have surged after an American shareholder group called for a spill of the embattled surfwear company's board.The company on Monday morning said New York-based hedge fund Coastal Capit..
The rate of inflation slowed to a crawl in August, leaving the door open for the central bank to stimulate the economy if need be. The TD Securities/Melbourne Institute Monthly Inflation Gauge was ..
The Australian share market has opened higher as manufacturing figures out of China lift investor sentiment. IG market strategist Stan Shamu said the local market had opened positively on the data...
The Commonwealth Bank's head of institutional banking and markets, Ian Saines, will leave the company at the end of the year. Mr Saines has been with CBA since 2004 and has been group executive, in..
