Wall St largely flat 2019, tips Macquarie
Macquarie is expecting flat to marginally higher returns for US equities in 2019, predicting the S&P 500 Index will return to the 2800 points level.
Macquarie is expecting flat to marginally higher returns for US equities in 2019, predicting the S&P 500 Index will return to the 2800 points level.
Home loans are taking so long to approve that the typical four-week sales campaign is now too short and should be extended, says a leading property market analyst, as weekend clearances fall to 40 per cent.
Donald Trump has entered a high-risk phase of his presidency as he loses his second chief of staff in 17 months, just as the White House confronts a wave of likely probes and subpoenas.
Three risks dominate the investment climate heading into 2019 and unluckily for investors, it is one they can't control - growth - that could be the most destructive.
"Individual #1", as Donald Trump is called in court filings, was implicated in a federal crime on Friday, in the sentencing reports for Michael Cohen, his estranged personal lawyer, and Paul Manafort, his former campaign chairman.
Chinese state media warned Canada would pay a "dear price" for the jailing of Huawei CFO Meng Wanzhou.
Volatility is getting more attention from investors when it comes to evaluating market strategies, not just for the next few months but the next few years.
Rio Tinto iron ore boss Chris Salisbury says the mining industry has a trust problem with the Australian public.
Investors are calling for the IOOF board and management to go after an emboldened prudential regulator took the wealth giant to court for allegedly breaking superannuation laws.
How can three men who have been accused of failing to understand the central principle that underpins superannuation continue to run one of Australia's largest wealth managers?
After three years of being treated like a toothless tiger, APRA on Friday launched legal action against IOOF for failing to act in the best interests of superannuation members.
The federal government and the RBA are both growing anxious about a home lending squeeze putting more downward pressure on house prices and the economy.
US jobs and wages didn't rise as much as expected in November, while the unemployment rate held at the lowest in almost 50 years, a Labour Department report showed.
Top White House economic adviser Larry Kudlow says he expects the Fed to halt rate hikes "for quite some time" after a rate increase later this month.
The Canadian dollar strengthened after record jobs data showed the country had added 94,100 jobs and the unemployment rate dropped to a new all-time low of 5.6 per cent.
Australian shares defied a global stock rout to close the week higher as defensive property and infrastructure stocks held firm.
Economists believe the market misinterpreted comments from RBA deputy governor Guy Debelle, perceiving them as dovish when he was just being transparent.
Imagine if Meng Wangzhou's route from Hong Kong to Mexico had been via Sydney rather than Vancouver! Australia's argument it doesn't have to choose between China and the US is ever less convincing.
It is not a good sign for the government's political fortunes – if it does indeed plan to survive until May – that the Prime Minister felt compelled to bring out the nuclear option on Thursday.
While markets are spinning between fear and greed, the underlying economic data is strong. In Australia regulators have taken one of the biggest financial stability risks off the table.
The tools of economic policy are increasingly being weaponised as part of a broader conflict between the US and China, causing havoc for investors.
Mr Morrison returned fire, accusing Mr Andrews of fighting battles for federal opposition leader Bill Shorten.
Prime Minister Scott Morrison has moved to downplay speculation the government was leaving the door ajar for a possible early election in March to avoid having its minority position exposed by a vote in the House of Representatives in the new year.
Can a tried and true circle of political colleagues, party statesman and the odd entrepreneur manage to keep this pragmatist PM in power?
Laws requiring telcos and smartphone makers to help governments crack encryption may hurt regular phone users in unplanned ways, security experts say.
The government hopes it can avoid a potential parliamentary loss by getting ill and child asylum seekers off Nauru to appease crossbenchers.
Buffett’s interest offers elegant solution to tricky stand-off with India’s central bank
Chinese state media warned Canada would pay a "dear price" for the jailing of Huawei CFO Meng Wanzhou.
Belgium, Italy and Switzerland are among those now voicing doubts about the Global Compact on Migration, on the eve of a Monday summit in Morocco where countries will gather to endorse it.
France's yellow vest protesters have political stances ranging from the far right to the far left but the leaderless group is united in its sense that Macron and his government are out of touch.
"This deal would represent a huge step into the unknown," said Hilary Benn, chairman, cross-party Committee on Exiting the European Union.
An investment in a venture capital fund that bought into Uber Technologies has proved to be a lifeline for the disgraced cyclist.
Volatility is getting more attention from investors when it comes to evaluating market strategies, not just for the next few months but the next few years.
You can protect both your spouse's well-being as well as your children's inheritance in your will. This is how to do it.
Gareth Evans said he had been surprised by the strength of some of the criticisms that had been made at Sydney University.
"People are now looking to school in a way they used to perhaps look to their local church or their synagogue," says Wenona school for girls principal Briony Scott.
Barrister Rowena Orr's performance in the banking royal commission could land her on the bench, soon. But the transition may not be easy.
While the low Australian dollar is an encouragement for prospective tourists, visa approval delays have created significant issues for those travelling from India.
There's something safe about most CBD hotels. But every now and again it's time to mix things up and have a bit of fun and to not take life so seriously.
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