Macquarie cuts 1H forecast
Capital market conditions have prompted Macquarie Group (ASX:MQG) to shave its earnings expectations for 1H12, and - in the case of some divisions - for the full year
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Global recession fears to put pressure on NBN: Turnbull
Unstable global financial markets will put more pressure on the government to cut the cost of delivering its National Broadband Network (NBN), according to opposition communications minister, Malcolm Turnbull.
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Financial markets to spend $18 billion on IT in Asia-Pacific by 2015
The Asia-Pacific financial markets industry is tipped to spend $US18 billion on IT by 2015, according to analyst firm Ovum.
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ASIC uses its Smarts to monitor financial markets
Smarts Group has signed a $1.5 million deal with Macquarie Hosting to host its financial market monitoring software for the Australian Securities and Investments Commission (ASIC).
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ASX dives on Dubai fears
Stocks dumped as nervous investors weigh up what Dubai's request to delay debt repayment means for markets