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| | | ... the shareholding. In addition, the host government has the obligation to repay the amount, and if it does not, the World Bank has the right to suspend further financing for the country. That combination forms a powerful incentive not to damage approved ... |
| | | | ... paid quarterly with the issue price repaid at maturity. The interest rate is to be a variable rate based on the three-month bank bill rate plus a fixed margin. Rohan Mead, Australian Unity's group managing director, said the note issue was an integral ... |
| | | | ... seemed muted, with many awaiting unemployment data out of the US tonight, he said. In the banking sector, National Australia Bank gained 21 cents at $25.50, Westpac jumped 35 cents to $23.46, ANZ firmed 14 cents to $23.74, and Commonwealth Bank added ... |
| | | | ... continues in the Federal Court in Sydney of the case by local councils and charities against the local arm of former Wall Street bank Lehman Bros over their investments in sub-prime mortgage-backed securities leading into the global financial crisis. ... |
| | | | ... who make decisions on more than $16 trillion worth of assets under management. The poll found managers expect low central bank rates and mild inflation will continue to stimulate economic growth, feeding the global recovery and avoiding a double-dip ... |
| | | | MLC aims to make a career switch into financial planning easier for people already working in the financial services industry through a new educational program. The MLC Pathway to Advice Excellence, which targets professionals already working in a similar ... |
| | | | ... trade in goods and services and building approvals, both for January. The Australian Industry Group and the Commonwealth Bank of Australia release their Australian Performance of Services Index (Australian PSI) for February. There is no major equities ... |
| | | | Wealth management firm Wilson HTM Investment Group has announced a board reshuffle with key changes to its executive leadership team. Steven Wilson, recently a director of Hyperion Flagship Investments Limited, has taken over as group managing director ... |
| | | | Wall Street welcomed March with a big drop with the three major indices down about 1.5 per cent on the day. Oh boy, here we go again. News services were all over the place blaming the renewed spike in crude. Oil spiked - again! - because of reports ... |
| | | | ... Funds Management has appointed four Asia investment specialists. Derek Paas, a former financial advisor at CBA and Macquarie Bank, will be based in New South Wales, having recently returned from the UK where he was most recently a senior investment specialist ... |
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