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Showing 1331 - 1340 of 1351 results for "Heavy"

APRA reaches settlement with LifeTrack directors

... Diversified Traded Policies Fund (DTPF). APRA had been closely supervising LifeTrack, in part due to its concern about the DTPF's heavy exposure to relatively illiquid traded life insurance policies. APRA subsequently intervened to prevent LifeTrack ...

Former NTI managing director sentenced to 18 months imprisonment

... while he was the managing director of NTI. Mr Smith founded an insurance business specialising in broking and underwriting heavy vehicle insurance in about 1978. In 1986, this business was acquired by NTI and Mr Smith was retained as managing director ...

ACCC to endorse high standard voluntary industry codes of conduct

... cost placed on either", Mr Samuel told the Australian Industry Group conference in Canberra. He said such codes avoided "heavy handed" regulation by government. As self-regulation was not always effective, co-regulation was a suitable halfway measure. ...

Midday market wrap: Australian shares move higher

... advances overnight in major international equity markets. The market was helped by a modest recovery in AMP, after two days of heavy selling on fears of compliance breaches within the funds management arm of the besieged financial services provider. ...

Global share markets recover some earlier losses in the June quarter

... sentiment and prospects of interest rate cuts during the June quarter has helped global share markets to recover some of their heavy losses. In their latest quarterly fund update Investors Mutual said that the Australian sharemarket has also performed ...

Morning market wrap: US bond yields spike higher

... disappointing photographic film sales. The broader S&P 500 shed 1.6 points (0.2%) to close at 1,010.1, although the technology-heavy Nasdaq gained 8.7 points (0.5%) to close at 1,677.2. It was the Nasdaq's highest closing level since May 2002. Earlier ...

Morning Market Wrap: US Stocks End Up On Signs of Improving Sentiment

... has breached the 9,100 level since early July. The broader S&P 500 index rose 12.6 points (1.3%) to 997.5, while the tech-heavy Nasdaq Composite Index rose 18.4 points to 997.48. It was the Nasdaq's highest closing level since June 2002. Major Dow stock ...

APRA's Thompson to go at the end of June

... after it announced that Graeme Thompson will be finishing up at the end of his current term on June 30. APRA came under heavy criticism in the wake of the collapse insurance company HIH. Although the regulator escaped explicit blame for the collapse ...

Morning market wrap: Accounting ghosts come back to haunt Nasdaq

... investigating the accounting practices of IBM, the world's largest computer company, brought the recent run-up on the tech-heavy Nasdaq to a shuddering halt. With the Enron and Worldcom accounting scandals fresh in investors' minds, the prospect of another ...

Morning market wrap: UK, US shares dumped

... London fell sharply as the rally that had pushed both markets up since March appeared to be over. Losses were particularly heavy on the FTSE-100, as the index plummeted 107.70 points to finish beneath the 4,000-mark. In the US the Dow Jones fell 185.58 ...