Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11201 - 11210 of 14221 results for "Interest"

IAG ups Malaysian stake

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
Insurance Australia Group (IAG) has increased its interest in Malaysian joint venture AmAssurance by nearly 15 per cent but is pulling out of the life insurance part of the business. IAG announced on 1 December that it had pumped up its stake in AmAssurance ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 DEC 2008
... US was basically (on) a lack of bad news than any good news. "Investors remain on the sidelines absorbing yesterday's interest rate cuts and the market should be positive at close." Growth figures released at 1130 AEDT showed the Australian economy expanding ...

VFMC unveils 2009 strategies

RUTH LIEW  |  WEDNESDAY, 3 DEC 2008
The $36 billion Victorian Funds Management Corporation is aiming to outperform its benchmark by 100 basis points through a combination of vanilla style derivatives, opportunistic trades and improved internal and external capabilities. VFMC chief investment ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... marking the start of the US recession. In his speech, Bernanke acknowledged that the scope for employing 'conventional interest rate policies to support the economy is obviously limited.' But added that there are 'several means by which the Fed could ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 DEC 2008
... on the local bourse. The focus this afternoon will be on the Reserve Bank of Australia (RBA), which is expected to cut interest rates again. At 1217 AEDT, the benchmark S&P/ASX200 index was down 101.6 points, or 2.76 per cent, at 3,579.6, while the broader ...

Super funds eye cash

RUTH LIEW  |  TUESDAY, 2 DEC 2008
... which is also eligible for the guarantee. In contrast to super investors' appetite for cash, Australian fund managers' interest in cash investments fell from 50 per cent to 13 per cent in six months, according to a Russell survey. The research found ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
... in the US, the Eurozone, China, Russia and South Africa are shrinking. More will follow. Ghost of Christmas Past. Low interest rates and lax lending standards encouraged banks/financial institutions to lend vast sums of money to people who can't even ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 DEC 2008
... European stocks plunged on a declaration that the US officially is in recession, before the focus at home turns to the next interest rate cut, expected later today. At 0800 AEDT on the Sydney Futures Exchange, the December Share Price Index futures contract ...

Lay-by age pension to plug savings gap

MICHELLE BALTAZAR  |  MONDAY, 1 DEC 2008
Superannuation experts say it's time to adopt fresh thinking on how to supplement retirement savings and are calling on the government to support Lay-by style Age Pension and 'longevity insurance' products. A panel of industry experts from Mercer, PricewaterhouseCoopers ...

Four Bad 'Bers'

BENJAMIN ONG  |  MONDAY, 1 DEC 2008
... on price pressures that these bring - financial markets are betting not on whether these monetary authorities will cut interest rates, but by how much. They each could cut their respective benchmark interest rates by 200 basis points this week and send ...