After another year of remarkable volatility caused by the unpredictable news flow coming out of the European debt crisis, Australian investors have every reason to be sitting on their hands. So who did capitalise?
ASX
Crikey Clarifier: Crikey Clarifier: what’s a market kill switch?
Could the Australian stock market be fitted with a “kill switch”? Reports suggest ASIC will propose that mandatory emergency brakes be fitted to high-speed, high-volume, and occasionally highly irrational High Frequency Trading (HFT) systems to prevent a United States-style “flash crash”. So what is it, and how would it work? Crikey asked Pepperstone Trading CEO Owen Kerr […]
Paper prophets get it wrong on Caltex profits
The corporate plod, ASIC, and others have been complaining about how many companies are selectively reporting their profits.
Kohler: unwed bourses must settle for less
The Treasurer’s decision to raise the drawbridge on the ASX has the financial sector in uproar, agog at what the reasons might be.
Centro shareholders vapourised by ASX
Thousands of Australian investors rue the day they invested in the Centro Group of companies, writes Martin Dougherty, a former senior journalist and part-time business consultant.
Stock exchange merger: the Treasurer will surely say no
If further evidence was needed that public opinion would be against the takeover of the Australian Stock Exchange by the Singapore Stock Exchange it has come in the form of findings by UMR Research, explains Richard Farmer.
Gottliebsen: keeping our Asian dreams alive
As I move in various Canberra circles I am getting a clear message — in its present form, the Singapore Stock Exchange’s takeover bid for the Australian Stock exchange is set to be rejected., writes Robert Gottliebsen, of Business Spectator.
Political snippets: So where was Little Richard?
A sunny Sydney. That beautiful harbour as the backdrop. A song about prayer to close the program. But why oh why this Bon Jovi fellow?
The great ASX float rush of 2010 is finally on
Despite the fact there are little more than two full working weeks before the end of December, a total of 32 companies are set to hit the boards, including four set to list today, writes SmartCompany’s James Thomson.
Meet the Böcker: ASX the biggest loser in Singapore Exchange merger?
Is a Singapore-ASX merger is a good move for both Australia and Singapore — but particularly for Australia? Business Spectator’s Robert Gottliebsen spoke to the chief executive of Singapore Exchange, Magnus Böcker, to find out.
Gottliebsen: a very costly ASX trade
I have been able to confirm that the monopoly Singapore Stock Exchange has charges and costs that are about four times higher than the Australian Stock Exchange, writes Robert Gottliebsen, of Business Spectator.
Singapore ASX takeover: writers should stop rolling over
Business writers shouldn’t roll over on to their backs and say, ‘Tickle me Elmo’ at every deal. They should maintain their scepticism about all sides in the deal and keep the bastards honest.
Thumbs up to Singapore takeover of ASX … but with caveats
There are quite a few reasons why the Singapore takeover offer for the ASX should be approved, but with suitable caveats.
Putting a stiletto through the glass ceiling
Finally, gender diversity on company boards is back on the national agenda, writes Paul Quinn. Companies listed on ASX now have to discuss their gender split and the BCA have started a mentoring program for women.
Memo ASZ, ASIC: no pussyfooting … get tough with BHP
ASIC and the ASX should force BHP to reveal all board briefings and advice on its recent disclosure about a possible involvement in corruption.
ASX slammed on fresh global fears
Australia joined the global share slide today, seeing our the biggest fall for five months, as news of the shock possible default by Dubai continued to rattle world markets.
We’ve passed Wall St, next stop Hang Seng
Australian investors need to stop believing that Wall Street is god of the Australian economy, writes Michael Pascoe. We’ve survived the GFC, even if the US didn’t, and our focus should be on Asia.
Profit season’s last day dross and $1 billion loss
The last day of the 2008-09 profit season — and what a shocker it was.
Can the ASIC regulatory tiger grow teeth?
Will the new market trading, monitoring and control system be as transparent and open about its regulatory actions as the ASX has become this year?
ASIC steps up to the plate on market regulation
All market trading will now be monitored by ASIC while ASX will continue its prime role of supervising all listed companies.
The short but lucrative life of a Qantas frequent flyer point
The official Qantas guide to the life of a frequent flyer point was a bonus in the airline’s results filing. It is the gold mine Qantas needs during its current crisis.
Trevor Rowe meets his maker
Trevor Rowe’s once stellar reputation appears to be in tatters, last week resigning from the board of the Queensland Investment Corporation and now from the board of the Australian Securities Exchange.
Market hits nine-month high
Australian stocks rose 0.5% yesterday to close at a nine-month high, with ANZ and NAB leading the charge, both up 2.5%.
Forget the GFC, it’s time for a takeover frenzy
Could the Australian stockmarket be about to witness an orgy of acquisitions? Crikey tested the waters with some leading economic commentators.
