Malcolm Maiden

Malcolm Maiden

Malcolm Maiden analyses and comments on business, the markets and the economy.

Malcolm Maiden

SABMiller comes a-calling again, but Foster's won't answer the phone

Malcolm Maiden SABMiller chief lines up loans from a syndicate of banks, puts in a call to Foster's.

Malcolm Maiden

SABMiller's tilt at Foster's will bubble on

Beer foam is usually white because of its tiny reflective bubbles.

Malcolm Maiden SABMiller's hostile bid for Foster's steps up the pressure on the Australian brewer, but does not move the beverage giant's tilt at Foster’s forward.

Malcolm Maiden

Local relief sought for global pressure

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Malcolm Maiden Lessons about life in an economy that is simultaneously importing the Asian boom and side-effects of the trans-Atlantic debt disaster came from Westpac boss Gail Kelly and Qantas wing commander Alan...

Malcolm Maiden

Factors in common make a bank sharpen its focus and an airline spread its wings

Malcolm Maiden Lessons about life in an economy that is simultaneously importing the Asian boom and side-effects of the transatlantic debt disaster came from Westpac boss Gail Kelly and Qantas wing commander Alan...

Malcolm Maiden

Current mayhem no repeat of global crisis

Malcolm Maiden The 2007-2009 global financial crisis and today's market mayhem have key differences.

Malcolm Maiden

Telstra's share price bounce a sweet response to Thodey's imprecise call

Malcolm Maiden In some ways Telstra chief executive David Thodey profited from imprecision yesterday. A year ago the group announced a 4.

Malcolm Maiden

Telstra appears to be in good hands as Thodey's plan to expand market share pays off

Malcolm Maiden In some ways Telstra chief executive David Thodey profited from imprecision yesterday. A year ago the group announced a 4.

Malcolm Maiden

CBA's strength should be rightly seen as a plus, not a minus

Malcolm Maiden CBA's 12 per cent higher, $6.84 billion profit will flush out the usual attacks on allegedly obscene bank profits.

Malcolm Maiden

Swings abound as bottom-fishers dive in

Malcolm Maiden A 7 per cent-plus swing by the Australian sharemarket from heavy losses to a 1.2 per cent gain qualifies both as volatility and a rational response by long-term investors at least to the carnage that...

Malcolm Maiden

Bargain hunters beware of recession

US markets have worst day since recession (Thumbnail)

Malcolm Maiden The markets are tipping that the world is sliding back into a recession that will make the current crop of earnings estimates look way too optimistic.

Comments 25

Debt-focused markets jump key hurdle

Malcolm Maiden Global markets cleared a crucial psychological hurdle early yesterday evening in their search for stability when Italian and Spanish bonds rallied strongly on the back of European Central Bank buying.

Analysis

Action in Europe steadying global nerves

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Malcolm Maiden Global markets cleared a crucial psychological hurdle early yesterday evening in their search for stability when Italian and Spanish bonds rallied strongly on the back of European Central Bank (ECB)...

Don't panic over US rating cut, Pimco says

Greenback

Malcolm Maiden The world’s most influential fixed interest fund manager, Pimco, says the US ratings cut does not seriously change default expectations.

Malcolm Maiden

Trigger points for the market

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Malcolm Maiden Investors are groping blindly for guidance in the wake of America’s credit rating cut, but clear leads are unlikely to emerge before European markets open.

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Malcolm Maiden

This is the sting in the tail of 2007-09

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Malcolm Maiden This is not a second global financial crisis: it's the long, writhing tail of the crisis that ran between July 2007 and the middle of 2009.

Malcolm Maiden

Black magic behind the sharemarket carnage

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Malcolm Maiden There's something magical, in a black magic kind of way, about falls of the magnitude the markets are now delivering.

Comments 72

Malcolm Maiden

Alternative would put Telstra in pole position

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Malcolm Maiden Malcolm Turnbull got it right when he told the National Press Club on Wednesday that Labor's national fibre-to-the-home broadband network was the most ambitious in the world.

Malcolm Maiden

Telstra in box seat with Turnbull broadband plan

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Malcolm Maiden Malcolm Turnbull got it right when he told the National Press Club on Wednesday that Labor's NBN fibre-to-the-home broadband rollout is the most ambitious in the world.

Malcolm Maiden

Dollars to doughnuts, the world of debt gets curiouser

Malcolm Maiden In A market such as this, where do investors hide? Dick Bove, a banking analyst in the US who appears regularly on CNBC, asked the question as Washington was edging towards a deal to raise America's...

In plain language, steadying cash rate buys Reserve more time … and it needs it

Malcolm Maiden The following is my plain language translation of the Reserve Bank's statement yesterday that the cash rate will stay at 4.75 per cent.