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Showing 10521 - 10530 of 10710 results for "May 2012"

Midday market wrap: Bonds down on RBA shift

The Australian bond market weakened sharply after the RBA this morning hinted cash rates were on hold for the foreseeable future. As recently as June the bank suggested the next move in rates may be downwards. The yield on the 10-year bond rose 9 points ...

House price declines now the major risk to growth: RBA

The Reserve Bank of Australia (RBA) appears to have shifted back to a neutral bias for monetary policy, following the release today of the bank's quarterly Statement on Monetary policy. The two risks that prompted the board to adopt an easing bias in ...

AMP Ltd discusses outside interest in its UK businesses

WITH AAP  |  MONDAY, 11 AUG 2003
AMP Ltd today said its underlying group earnings and United Kingdom writedowns for the first half were broadly in line with guidance previously given to the market. AMP will release its results for the six months to 30 June 2003, on 20 August. "However ...

Argo Investments posts 22% rise in net profit

Equity investment company Argo Investments Ltd today said that it believed there were some indications of a mild economic upturn in the year ahead, after reporting a 21.9 per cent rise in annual net profit. The group today reported net profit of $74.583 ...

Afternoon market wrap: Australian shares end square

The Australian share market lost ground in afternoon trade, with the All Ordinaries index eventually closing a bare 0.8 of a percentage point higher at 3,165.5. The market was held back by an expected avalanche of company earnings reports later this ...

Liberal backbencher says RBA may cut rates tomorrow

WITH AAP  |  MONDAY, 11 AUG 2003
The Reserve Bank board may decide to reduce interest rates tomorrow, a Federal Government backbencher said today. Liberal MP Peter King said it was possible rates would be cut from the current 4.75 per cent as soon as tomorrow. "There is a possibility ...

ASIC warns investors over offer to buy OneSteel shares

National Exchange Pty Ltd and David Tweed have again come under the scrutiny of the Australian Securities and Investments Commission (ASIC), this time for an unsolicited offer to buy OneSteel shares. ASIC has strongly warned investors considering an ...

Moody's adds to AMP Group gloom

WITH AAP  |  FRIDAY, 8 AUG 2003
International ratings agency Moody's today downgraded the ratings of the AMP Group. Senior debt guaranteed by AMP Group Holdings is downgraded to Baa1 from A3, and subordinated debt to Baa2 from Baa1. The Reset Preference Shares issued by AMP Henderson ...

Afternoon market wrap: Shares gain more ground in late trad

The Australian share market continued to creep higher in afternoon trade, with the All Ordinaries index ending the day up 11.2 points at 3,135.7. News Corporation was one major stock to defy the broader market move, ending 3c down at $11.75. But the ...

AMP comments on Moody's ratings downgrades

AMP has noted the ratings announcement made by Moody's in London overnight. In the announcement, senior debt guaranteed by AMP Group Holdings was downgraded to Baa1 from A3, and subordinated debt to Baa2 from Baa1. Moody's has lowered its ratings of ...