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Showing 111 - 120 of 140 results for "OMI"

Former Bell Potter adviser charged

MELANIE TIMBRELL  |  WEDNESDAY, 11 APR 2012
A former senior client adviser with Bell Potter Securities Limited has been charged with 15 counts of fraudulent conduct following an ASIC investigation. Glenn Russell Evans, of Leichhardt, NSW is alleged to have used client funds for his own personal ...

Australian economic fundamentals solid: Swan

CLAIRE MCGREAL  |  WEDNESDAY, 25 JAN 2012
Treasurer Wayne Swan has moved to reassure Australians in the wake of the International Monetary Fund's latest gloomy outlook for the world economy. In its latest World Economic Outlook update released today, the IMF downgraded global growth forecasts ...

OECD: Economy to grow by 4% next year

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
The Organisation for Economic Development (OECD) predicts the Australian economy will continue to grow, by 4% in 2012 and 3.2% in 2013. Although, unemployment is expected to rise slightly next year to 5.3 %. The economic think tank said that while the ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Government's release of the second tranche of its Future of Financial Advice Reforms has provided few surprises, reinforcing plans to ban conflicted remunerations and soft dollar arrangements. Given the level of fanfare that has surrounded the entire ...

Buying op

BENJAMIN ONG  |  WEDNESDAY, 13 APR 2011
So is this the one that ultimately takes the grin off Wall Street's face? According to theage.com.au, " US stocks dropped on Tuesday on worries falling oil prices could set off a reversal in the high-flying energy sector..." It even quoted a certain ...

Oil at US$300

BENJAMIN ONG  |  WEDNESDAY, 9 MAR 2011
Wall Street rebounds as oil pressure dips. This is the overall theme that you'll read, hear and watch on financial services this day. It's the mirror image of the previous day's "Wall Street dips as oil pressure bounds" theme, or days when The Street ...

Something for everyone

BENJAMIN ONG  |  FRIDAY, 20 AUG 2010
The see on Wall Street sawed again last night. Three days of positive performance wiped out last night. The Dow closed 1.4 per cent lower while the S&P 500 and the Nasdaq both lost 1.7 per cent. Why? Because the positive outlook on the US economy that ...

Market Wrap - Morning

AAP  |  FRIDAY, 2 JUL 2010
The Australian market has received strongly negative leads from offshore trading overnight, with key Wall Street indices all closing lower again, and metals and oil also all down. Some boost may be expected if the market responds favourably to a compromise ...

US Commission subpoenas Goldman Sachs

RUTH LIEW  |  TUESDAY, 15 JUN 2010
Goldman Sachs, which is currently under SEC investigation, has been issued a subpoena by the US Financial Crisis Inquiry Commission this month. According to a press statement from the Commission, Goldman Sachs failed to comply with a request for documents ...

FSA starts Goldman Sachs investigation

RUTH LIEW  |  THURSDAY, 22 APR 2010
The UK's Financial Services Authority is launching its own investigation into Goldman Sachs' alleged fraud activities, following charges to the firm by the Securities and Exchange Commission in the US. The FSA said in a short statement yesterday that ...