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Showing 1691 - 1700 of 2961 results for "August 2010"

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
The portrait of Australian Federal Treasurer Joe Hockey's beaming self-congratulatory smile as he did the rounds of media interviews yesterday remains deeply stuck in my brain. Can't blame smokin' Joe, he might just get his autograph on a third Budget ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Wealthsure Group will request for its Australian Financial Services (AFS) licence to be cancelled, following the acquisition by Sentry Group. Wealthsure (WPL) has already transferred some of its authorised representatives to Wealthsure Financial Services ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
As expected, the Bank of England (BOE) decided to do nothing at its 9 April monetary policy meeting, stating that: "The Bank of England's Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to ...

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies. The UK's Financial Conduct Authority ...

NAB searching for Godfrey Pembroke GM replacement

LAURA MILLAN  |  MONDAY, 13 APR 2015
National Australia Bank (NAB) is currently conducting a recruitment process to replace Godfrey Pembroke's general manager, following the departure of Sean Allen. In the meantime, the dealer group has appointed strategic growth manager Shane Canton as ...

Fund manager insists active approach not broken

MARK SMITH  |  FRIDAY, 10 APR 2015
Fund manager Epoch Investment Partners has blamed the relatively poor performance of active managers in recent years on the market distorting impact of quantitative easing and says talented stock pickers will come good again soon. S&P Dow Jones recently ...

Go south young (China) man

BENJAMIN ONG  |  FRIDAY, 10 APR 2015
There was fear and a lot of uncertainty - perhaps even the biblical gnashing of teeth - back then, back during the late years leading to the expiry of the United Kingdom's 99-lease on Hong Kong from China on 1 July 1997. In Wikipedia's words, "Many ...

PMI surveys say...

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2015
Markit Economics' flash PMI (purchasing managers' index) data dump yesterday gives us the lay of the land for first quarter economy and beyond. While it's tempting to correlate these PMI readings with the effectiveness (or not) of the monetary policy ...

A win-win currency war?

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2015
Whoopsie, I just got caught sleeping behind the wheels (er, keyboard). I just found out that there's now a term for the current "patient"-induced volatility in the financial markets. Reuters called (past tense) it "patient panic" in its published article ...

Market Wrap AM

AAP  |  TUESDAY, 17 MAR 2015
The Australian market looks set to open higher after Wall Street lifted more than one per cent as investors weighed the timing of US interest-rate increases after lower-than-forecast economic data. At 0818 AEDT on Tuesday, the March share price index ...