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Showing 10511 - 10520 of 10710 results for "May 2012"

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July. The consensus of markets forecasts was for an increase of just 0.9%, while the same report also included substantial ...

Afternoon market wrap: Australian shares lose ground in late trade

The Australian share market surrendered early modest gains, with the All Ordinaries index eventually closing 7.2 points lower at 3,143.2. Investors moved to lock-in profits on News Corporation, after the media conglomerate announced a positive earnings ...

Moody's assigns A2 rating to ANZ $750 million issue

Moody's Investors Service assigned an A2 rating to ANZ Banking Group Ltd's issue of reset preference shares. The issue size is $750 million with the ability to raise over-subscriptions for up to $250 million. The outlook for the rating is stable, Moody's ...

ASIC releases updated guide for PS146 compliance, lodges Chapel Road appeal

The Australian Securities and Investments Commission (ASIC) today released an updated version of its guide Small business and your AFS licence: Compliance with Policy Statement 164, aimed at small businesses applying for, or holding, an Australian financial ...

FPA calls for full disclosure on Risk Products

The Financial Planning Association (FPA) has rejected a parliamentary committee's recommendations to permit non-disclosure of commissions on risk products. The Joint Parliamentary Committee on Corporations and Financial Services in a majority report ...

National wage cost index rises 0.6% in the June quarter: ABS

The Australian Bureau of Statistics (ABS) today released the latest figures on Australia's wage cost index for the June quarter, revealing a 0.6 per cent increase from the previous quarter. The change for the year was also highlighted as being 3.6% ...

Midday market wrap: Local shares claw higher

The Australian share market opened modestly higher, following gains overnight in major international markets. At midday the All Ordinaries index had climbed to 3,140.5, up 4 points on yesterday's close. Leading the market higher were blue-chip resource ...

NAB survey reveals ongoing strength of the non-farm economy

In its latest monthly business survey, the National Australia Bank (NAB) has said that its survey results for the month of July reflect an ongoing strengthening in the Australian non-farm economy, even after taking into account the element of seasonality. ...

Moody's rates HSBC Bank Australia

WITH AAP | TUESDAY, 12 AUG 2003

Moody's Investors Services has assigned ratings to HSBC Bank Australia Ltd with long-term deposits and senior rated A1 and subordinated debt rated A2. Short-term deposits have been rated Prime-1, and a Bank Financial Strength Rating of D-plus was assigned. ...

Afternoon market wrap: Australian shares end lower

The Australian share market sold off in the afternoon session, with the All Ordinaries ending the day down 1.8 points at 3,134.7. The slight fall stands in contrast with gains overnight in US markets, and was driven by the big four banks and blue-chip ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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