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Showing 10301 - 10310 of 10717 results for "May 2011"

Market Wrap

The Australian dollar opened higher before the release of a statement from the Reserve Bank that economists expect will indicate further rate rises are on the cards. At 0700 AEDT the local currency was trading at $US0.7664/69 compared with Friday's ...

AMP shares surge on speculation of takeover interest

AAP  |  FRIDAY, 6 FEB 2004
Shares in financial services giant AMP Ltd and HHG plc surged this morning as some investors believed the stocks were undervalued and on the back of speculation of more takeover interest in AMP. Both were heavily traded with more than 4.26 million AMP ...

Labor tipped to cut MPs super perks

AAP  |  THURSDAY, 5 FEB 2004
MPs and senators could lose their right to retire on $51,000 a year under a Labor plan to bring pollies' super into line with the rest of the community. Labor is finalising its review of superannuation and is expected to change the scheme for parliamentarians ...

Foreign investment surges in Australian property market

AAP  |  FRIDAY, 30 JAN 2004
The relatively low Australian dollar has been a boon for overseas investors, who snapped up $1.19 billion worth of Australian houses and apartments last financial year. That was nearly double the $631 million worth of dwellings the Foreign Investment ...

Contango LIC to focus on micro-caps

Contango Asset Management has launched what it claims is Australia's first listed investment company (LIC) investing exclusively in the micro-cap sector of the Australian market. Shares in the LIC, Contango MicroCap, were available from yesterday with ...

Market Wrap

AAP  |  WEDNESDAY, 28 JAN 2004
The Australian dollar has climbed back up to near seven year highs overnight, rising more than 1% against the United States dollar. At 0700 AEDT the local currency was trading at $US0.7795/99 compared with yesterday's close of $0.7699/04. Overnight ...

Senior management may be held accountable for rogue trading

AAP  |  TUESDAY, 27 JAN 2004
Senior management at the National Australia Bank (NAB) may be held accountable for the rogue trading scandal that could cost the bank as much as $600 million. NAB chief executive Frank Cicutto said responsibility for the rogue currency trades and any ...

Credit quality on the turn, says S&P

The pace of deterioration in the credit quality of Australian and New Zealand companies slowed in late 2003 and may signal improvement on the way for 2004. That is the conclusion of a report from ratings agency Standard & Poor's (S&P), which said credit ...

ASIC begins investigation into NAB options trading

AAP  |  FRIDAY, 23 JAN 2004
The Australian Securities and Investments Commission (ASIC) has started an investigation into rogue trading at the National Australia Bank. ASIC said it will investigate whether there have been any contraventions of the Corporations Act at NAB's foreign ...

Market Wrap

AAP  |  FRIDAY, 23 JAN 2004
The Australian dollar has recouped a decline that began late last week and looks set to end the week higher, on the back of United States dollar weakness. At 0700 AEDT the Australian dollar was trading at $US0.7782/87 compared with yesterday's close ...