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Showing 10401 - 10410 of 10710 results for "May 2012"

Former Tasmanian director sentenced to three years jail

A former director of DJF Pty Ltd, was sentenced today to three years imprisonment subject to a recognizance release order to take effect after 18 months, ASIC has reported. Six charges of fraud were made against Mark Anthony Johnstone of Tamworth, NSW ...

Midday Market Wrap: Dollar, bonds rally

The Australian dollar continued to rally to noon, scoring widespread interest to buy the unit as it defied rising US stock prices and a downturn in the euro. At 1200 AEDT the Australian dollar was trading at its highs for the day so far, at $US0.7066/71 ...

Afternoon Market Wrap: $A closes above 70 cents, Nikkei edges higher

The Australian dollar closed well above 70 US cents today, buoyed by very strong world commodity prices and a wide interest rate differential with the United States. At 1700 AEDT the Australian dollar was trading at $US0.7030/34 compared with yesterday's ...

Midday Market Wrap: Market slips into negative

The Australian share market slipped into negative territory at noon weighed down by the weakening bank sector. At 1210 AEDT, the benchmark S&P/ASX 200 index was 1.2 points lower at 3243.2 while the all ordinaries eased 0.2 of a point to 3254.7. On the ...

Asgard adjusts benchmarks for SMAs

Investment platform Asgard has adopted more conservative asset allocation benchmarks for its range of preset model portfolios, as part of a relaunch of the group's separately managed accounts (SMAs) - Funds. And, mirroring the efforts of other master ...

Victorian securities dealer banned:ASIC

A Victorian securities dealer has been permanently banned from doing any act as a representative of a dealer or an investment adviser, following an investigation by the Australian Securities and Investments Commission (ASIC). Michael Kwong of Malvern ...

AFA hits out on ASIC's FSR license powers

The Association of Financial Advisers (AFA) has sought urgent clarification from Hon Ross Cameron MP, the Minister responsible for the Financial Services Reform Act (FSRA), and from ASIC, on how consumers can be protected from the consequences of a ...

Midday Market Wrap: Dollar stronger, bonds steady

The Australian dollar was slightly stronger at noon, edging higher on the back of yen gains against the weakening US dollar. At 1200 AEDT the Australian dollar was trading at $US0.7006/11 compared with Friday's close of 0.7004/09. The local unit was ...

Strategist departs HSBC Asset Management

HSBC Asset Management has sacked its investment strategist, Kerry Duce, industry sources have told the Financial Standard. Mr Duce had been with HSBC since July 2002, and was formerly an economist with the local arm of broking house CSFB and the Australian ...

Afternoon market wrap: Shares continue to lose ground

WITH AAP  |  FRIDAY, 24 OCT 2003
The Australian share market closed in the red, with interest focused on news that ANZ Banking Group had reached agreement to acquire the National Bank of New Zealand (NBNZ). The benchmark S&P/ASX 200 index closed down 10.1 points at 3256.2 while the ...