Australian Market Report of August 13: US Economy Stabilizing
US stocks surged overnight as the Federal Reserve said the economy was leveling out, and it left interest rates unchanged at the end of its two-day policy meeting.
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Real Estate General
Australian Market Report of August 12: Renewed Concerns over US Economy
US stocks fell overnight ahead of the Federal Reserve's latest decision on monetary policy and guidance on the outlook for recovery from the recession. The market was also weighed down by the worries that the banking sector has yet to fundamentally improve.
Australian Market Report of August 5: Correction Time Ahead
US stocks traded slightly higher overnight with more buying in financials. Analysts expect there would be a short-term correction after the rally as investors lock in gains from a strong three-week rally.
Australian Market Report of August 4: Gains Consolidated
Wall Street closed at a nine-month high overnight boosted by earnings reports and encouraging economic data in US manufacturing activity and new car sales. Energy and materials companies also broadly lifted the market.
Australian Market Report of July 31: To Extend Solid Gains
US stocks broadly surged on Thursday fueled by the better-than-expected earnings reports. The market's rally pushed the major indexes to their highest closes of the year.
Capital Estate Limited (HKG:0193) Announced the Appointment of Mr. Sio Tak Hong as the Chairman and Executive Director
Capital Estate Limited ("Capital Estate"/ "the Company") (HKG:0193) is pleased to announce today that Company has appointed Mr. Sio Tak Hong ("Mr. Sio") as the Chairman and executive Director of the Company, and re-designated Mr. Chu Nin Yiu, Stephen, Executive Director, to Chief Executive Officer. The appointment and re-designation are effective from 28 July 2009.
Australian Market Report of July 28: Wall St Gained at Slower Pace
US stocks closed slightly higher on a strong sign of recovery in US housing sector. The Commerce Department said on Monday that sales of new homes rose by 11% in June. Earning news dominated the market in recent trading sessions with most of the reports beating the expectation.
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