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Showing 1511 - 1520 of 2954 results for "August 4"

ASIC cancels AFSL, bans responsible managers

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
ASIC recently cancelled the Australian financial services licence of Brisbane-based education and training business, The Sharemarket College. ASIC said the Sharemarket College failed to comply with a number of its obligations as a financial services ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
US consumer credit Total US consumer credit went up by US$17.7 billion in July, stronger than the previous month's US14.5 billion increase and more than market expectations for a US$15.6 billion rise. Non-revolving credit - i.e. car and student loans ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
... China (PBOC) showed that the country's foreign exchange reserves dwindled to a greater than expected US$3.19 trillion in August - the least since December 2011 -- from US$3.20 trillion. China's foreign exchange reserves dropped by a record US$513 billion ...

Enrolments point to adviser growth

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
New figures from education provider Kaplan Professional suggest a greater number of people are embracing financial advice as a career. Data from the end of August showed there was close to a 30% increase in financial services enrolments compared to ...

UK corporate pension deficit swells

MARK SMITH  |  WEDNESDAY, 7 SEP 2016
The combined pension deficit of the UK's 350 largest listed companies widened £50 billion ($87 billion) in August, the increase on record. According to data from Mercer, the accounting deficit of defined benefit pension schemes for FTSE 350 companies ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
... construction, utilities and manufacturing declined. The sharp fall in the ISM manufacturing index into contraction territory in August - down to 49.4 from 52.6 in July - points to more job shedding in US factories (the employment index fell to 48.3 in ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
CommSec has paid $700,000 in infringement notice penalties and voluntarily refunded $1.1 million in brokerage. The infringement notices were given by ASIC's Markets Disciplinary Panel, which the regulator said "had reasonable grounds to believe CommSec ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
... Management (ISM) survey of the manufacturing sector does not. The ISM manufacturing index dropped to a reading of 49.4 in August - indicating the manufacturing sector is contracting - from 52.6 in the previous month. This is the lowest reading since ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 1 SEP 2016
Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
... low reading of -8.5 in August from -7.9 in the previous month. Business confidence declined from 0.38 in July to 0.02 in August - the lowest level since October 2013. Industrial sentiment deteriorated further to minus 4.4 from minus 2.6 in July while ...