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Showing 12631 - 12640 of 14230 results for "Interest"

Daily economic update

BENJAMIN ONG  |  THURSDAY, 15 JUN 2006
Last night's bigger than expected increase in US core consumer prices virtually sealed a 25 basis point interest rate hike at the 29 June Federal Open Market Committee meeting. US core consumer price inflation rose by 0.3 per cent in May - the third ...

Mortgage broker arrested

HAMISH MADDEN  |  THURSDAY, 15 JUN 2006
... clients, with the loans secured against properties. The agreements stated that the loans would be returned to investors with interest. Cay was refused bail and was remanded in custody. He will appear before the Melbourne Magistrate's Court on 16 August ...

FPA CEO formally signs on

HAMISH MADDEN  |  WEDNESDAY, 14 JUN 2006
The Financial Planning Association (FPA) announced that Jo-Anne Bloch has formally stepped into the role of chief executive officer after her appointment was announced in March. Bloch anticipates spending her first few weeks looking at policy issues ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2006
... consecutive monthly decline and is due to the negative impact of high oil prices, an appreciating euro currency and rising interest rates. Finally in Asia, rising Chinese wages prompted a 14.2 per cent upsurge in retail spending in May, up from an equally ...

Market wrap

AAP  |  WEDNESDAY, 14 JUN 2006
... tumbled in volatile trading, with the Dow erasing its gains for the year as higher-than-expected inflation data stoked interest rate worries. Investors sold off shares of interest-rate sensitive financial stocks as markets also felt pressure from a global ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 13 JUN 2006
... Central Bank (ECB) council member and Belgium Central Bank head Guy Quaden stated that the ECB will continue to raise interest rate if inflation pressures persist along with economic growth above potential. Quaden emphasised that there is not a definite ...

CSF awards $26m fixed income mandate to IXIS

KATE HAGE  |  TUESDAY, 13 JUN 2006
... good fit with their overall investment strategy. "We were attracted to the fund due to its responsiveness to varying interest rates," he said. The IXIS fund invests in senior bank loans and global high yield portfolios built on more high yield loans ...

Directors banned over unregistered schemes

... funds for their own use. ASIC's executive director of enforcement, Jan Redfern, said the action was taken in the public interest and as a deterrent to other offenders. "ASIC will continue to take action against operators of illegal managed investment ...

Market wrap

AAP  |  TUESDAY, 13 JUN 2006
... Australia Bank releases its monthly business survey. NEW YORK - US stocks dropped amid persistent worries about rising interest rates and slower economic growth after the latest warnings on inflation from Federal Reserve officials. Investors were also ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 9 JUN 2006
The almost simultaneous interest rate hikes by six central banks over the past two days drive home the point that rising inflation is a global problem. The move towards tighter monetary policy started with a surprise 175 basis point rate hike by the ...