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Showing 1991 - 2000 of 2958 results for "August 2009"

ASIC bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
ASIC has banned two advisers from providing financial services following breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged ...

Waiting to digest

BENJAMIN ONG  |  FRIDAY, 21 SEP 2012
... the 14th straight month of manufacturing shrinkage. And then, there's the 5.8% fall in Japanese exports in the year to August - the 3rd consecutive decline and the biggest drop in six months. Wait... there's more. US jobless claims fell by less than ...

Market wrap - morning

AAP  |  FRIDAY, 21 SEP 2012
SYDNEY - The Australian market is set to open higher, despite a mixed performance in overseas stocks markets. At 0835 AEST on the ASX 24, the December share price index futures contract was up 12 points at 4,417 points. The local market on finished ...

Market Wrap

AAP  |  FRIDAY, 21 SEP 2012
The Australian market is set to open higher, despite a mixed performance in overseas stocks markets. At 0835 AEST on the ASX 24, the December share price index futures contract was up 12 points at 4,417 points. The local market on finished lower on ...

New hedge fund rules for post-GFC environment

MELANIE TIMBRELL  |  WEDNESDAY, 19 SEP 2012
ASIC's new guidance on hedge funds will force managers to greater disclosure on where money is invested, how assets are valued, the fund's structure and the risks involved to better protect investors following recent high-profile cases of fraud. Addressing ...

Banks take Bell Group case to High Court

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
The consortium of 20 banks involved in Australia's longest-running court case is seeking leave to appeal to the High Court. The banks, led by Westpac, lost an appeal in Western Australia's Supreme Court last month on a 2008 ruling that ordered them ...

SuperIQ acquires Smartsuper

MELANIE TIMBRELL  |  TUESDAY, 18 SEP 2012
Self-managed super fund (SMSF) provider SuperIQ has acquired former Perpetual business Smartsuper in the latest wave of consolidation in the space. Acquisitions in the SMSF space are proving commonplace as businesses attempt to build client bases during ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 SEP 2012
SYDNEY - The Australian market looks set to open flat despite falls on Wall Street overnight as euphoria over the Federal Reserve's new QE3 stimulus fade amid concerns about weakness in US manufacturing and anti-American unrest in the Middle East. At ...

Big Ben brings in the heavy guns

BENJAMIN ONG  |  FRIDAY, 14 SEP 2012
There's no mistaking the jubilation in financial markets after our 'bestie' forever, Ben gave them what they expected... and then some. Moving on up. The S&P 500 and the Dow lifted by 1.6% overnight -- bringing the respective index levels just 6.7% ...

They will or they won't

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2012
... This, after the People's Bank of China (PBOC) reported that new lending jumped to 703.9 billion yuan (US$111 billion) in August - more than the 600 billion expected and a 30.4% increase from the previous month. Also, Bloomberg reports that, "Net issuance ...