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

Search Results

Showing 1161 - 1170 of 2198 results for "In March"

Aspen Group CEO, CFO and chair depart in restructure

ALEX BURKE  |  FRIDAY, 10 JUN 2016
... Aspen Parks Property Fund to Discovery Holiday Parks Group. The group's portfolio is now valued at $80 million. Then, in March, the board received an unsolicited proposal from Mill Hill Capital (MHC) to acquire Edward Baillie Capital Hotel & Leisure ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... year. This is not god news for the outlook for consumer prices which already registered back to back negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis ...

NAB responds to ASIC market manipulation allegations

ALEX BURKE  |  WEDNESDAY, 8 JUN 2016
... swap reference rate (BBSW) from 2010 to 2012; the regulator previously targeted ANZ and Westpac in this investigation in March and April respectively. ASIC has alleged that NAB, along with Westpac and ANZ, "intended to create an artificial price for ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... recording no growth in the previous month - using mostly their savings - the savings rate fell to 5.4% in April from 5.9% in March. This is confirmed by reports showing that US consumer credit rose by just US$13.4 billion in April, sharply lower than ...

RBC makes senior hire from BNP

ALEX BURKE  |  TUESDAY, 7 JUN 2016
... will work alongside fellow BNP alumnus Stephen Tremelling. This news follows Perpetual retaining RBC as its custodian in March, extending a relationship that dates back to 2001. At the time, Travers said: "We're committed to providing Perpetual with ...

Super funds reverse poor start to 2016

MARK SMITH  |  MONDAY, 6 JUN 2016
... default option MySuper Index showed a positive 1.4% monthly return in April which, combined with the positive return in March, has effectively reversed the negative results for January and February. The positive month contributed to the rolling performance ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
... rejoice! The Australian equity market's reaction to the better-than-expected - heaps better - 1.1% quarterly expansion in March quarter real GDP is beginning to plant the seed of doubt in my psyche. Doubt that perhaps my next-door neighbour (and lately ...

Former Vontobel star manager sets course for Australia

MARK SMITH  |  FRIDAY, 3 JUN 2016
... assets under management. Under his leadership the strategy grew to nearly US$50 billion. Jain stood down from the role in March and is now chair and CIO - as well as majority shareholder - of newly created long-only equity firm, GQG Partners. He will ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... slightly missed market expectations for a 0.3% increase in April, growing by 0.2% over the month after rising by 0.4% in March. While a big component of household spending - which, in turn, accounts for over 60% of GDP - the latest figures provide no ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2016
... market expectations for a 0.4% gain. This takes the year-on-year growth rate in total credit up to 6.7% in April from 6.4% in March. Growth in credit to businesses quickened in April, rising by 0.8% over the month from 0.3% in March. Housing credit growth ...