With interest rates at record lows, traditional asset allocation approaches of diversifying into lower risk investments to manage risk may no longer be appropriate for income-oriented investors in or approaching drawdown mode.
Struggling junior miner Atlas Iron has hit its full-year guidance, shipping 14.5 million tonnes of ore during the fiscal year.
Asciano shareholders will receive a special dividend of 87 cents per security on August 11, subject to approval by the Australian Taxation Office.
Twitter shares took a fresh hit Tuesday after its quarter update showing more losses, and sluggish growth in revenues and the user base of the social media platform.
Treasurer Scott Morrison hasn't changed his view on negative gearing and won't be proposing any changes to limit the tax concession.
With iPhone sales and profits sliding, Apple on Tuesday sought to highlight its growth in services as it seeks to reduce dependence on its main cash driver.
Asia news highlights on Wednesday.
Oil prices in New York dipped Tuesday but edged up in London as lofty levels of product supplies again pressured the market.
Overnight markets in the US and Europe largely managed to close in positive territory as caution ahead of this evening?s FOMC announcement dictated trade.
Stocks of interest on the Australian share market
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