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Showing 1971 - 1980 of 3229 results for "April 2012"

Market wrap

AAP  |  TUESDAY, 17 MAR 2015
The share market is stronger due to gains on Wall Street and signs of another Reserve Bank rate cut. The market opened higher after a strong session on Wall Street, sparked by a fall in the US dollar ahead of the US central bank's policy meeting, and ...

Revised legislation to ease foreign access to local managers

LAURA MILLAN  |  FRIDAY, 13 MAR 2015
The government's revised Investment Manager Regime (IMR) draft legislation contemplates removing tax impediments that traditionally have deterred foreign entities from using Australian fund managers. "The revised IMR legislation will provide foreign ...

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
Central bank surprises continue. This week started with the People's Bank of China (PBOC) surprising with a weekend announcement that it is lowering both its benchmark one-year lending rate and one-year deposit rate by 25 basis points each to 5.35% ...

Government seeks further Asia Funds Passport consultation

MARK SMITH  |  MONDAY, 2 MAR 2015
The government has released a consultation paper on the rules and operational arrangement for the Asia Region Funds Passport. The paper has been prepared by the Asia Region Funds Passport Working Group which includes Australia, Korea, New Zealand, the ...

Market wrap

AAP  |  FRIDAY, 27 FEB 2015
The market has opened weaker, dragged down by losses in the energy sector and a dismal Woolworths half yearly result. The supermarket giant downgraded its full year guidance following a 3.1% slide in first half profit. OptionsXpress market analyst Ben ...

Equity Trustees boosts profit

ALEX GAMBOTTO-BURKE  |  FRIDAY, 27 FEB 2015
Equity Trustees (EQT) has boosted its net profit to $7.6 million in the six months to 31 December 2014, a 41.7% rise on the previous corresponding period. The interim fully franked dividend remains 46c per share. According to EQT chair Tony Killen ...

Breathing space or gasping room?

BENJAMIN ONG  |  MONDAY, 23 FEB 2015
"ATHENS - After nearly two weeks of tense negotiations, Greece and its troika of foreign creditors said Monday that they had clinched an agreement on economic measures that Athens must enforce to secure the release of further crucial rescue money." ...

WTF moment on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2015
"Love and marriage, love and marriage Go together like a horse and carriage." Well, perhaps in 1955 when ol' blue eyes Frank Sinatra sang that, "this I tell you brother, you can't have one without the other"... but now no longer for most. The song played ...

ANZ Australia CEO steps down, replacement announced

LAURA MILLAN  |  MONDAY, 16 FEB 2015
ANZ Australia chief executive Philip Chronican has stepped down to pursue a non-executive career after 32 years in banking. ANZ managing director of global commercial banking Mark Whelan will take over Chronican's role, effective April 3, 2015, and ...

Nikko AM managing director resigns

LAURA MILLAN  |  MONDAY, 16 FEB 2015
Nikko Asset Management managing director in Australia Mike Davis has announced his resignation, but will continue in his role in the meantime to assist in the transition. Davis is "planning to take a break before embarking on the next stage of his own ...