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Showing 2221 - 2230 of 2961 results for "August 2010"

Macq Bank chair resigns

ELISE BURGESS  |  THURSDAY, 17 MAR 2011
David Clarke, chairman and voting director of Macquarie Group and Macquarie Bank, has resigned due to ill health. Clarke has been with Macquarie for over 40 years. Macquarie's lead independent director, H Kevin McCann, has worked with Clarke for the ...

Japan shall overcome

BENJAMIN ONG  |  THURSDAY, 17 MAR 2011
The still-unfolding disaster in Japan is sapping the optimism off financial markets. Stock markets rallied yesterday but it looks like they'll be down again today. Volatility is the order of today and would remain so for as long as strong aftershocks ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 MAR 2011
The Australian market is set for heavy falls when it opens on Thursday with world markets again diving due to fears of a nuclear crisis in Japan. On the ASX 24 at 0733 AEDT, the March share price index futures contract was down 76 points at 4,491, indicating ...

Market Wrap - Morning

AAP  |  MONDAY, 14 MAR 2011
The Australian market has received positive leads from Wall Street over the weekend, although world markets appear tentative as they assess the impact of the Japanese earthquake on Friday. On the ASX 24 at 0718 AEDT, the March share price index futures ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

Market Wrap - Morning

AAP  |  THURSDAY, 3 MAR 2011
The Australian market has received positive leads from offshore trading overnight, with all three Wall Street indices ending higher, after European and Asian markets were significantly lower. Oil and precious metals surged again as the US dollar dropped ...

Century Funds manager bid fails

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
Century Funds Management (Century) has failed to get the numbers needed to replace Opus Capital as manager of Opus 21 due to insufficient voting numbers by unitholders. According to Century, eight in ten voters voted for Century as their preferred manager ...

Bad news bear

BENJAMIN ONG  |  WEDNESDAY, 23 FEB 2011
... inflationary pressures. Financial markets now expect the European Central Bank, for instance, to raise interest rates in August - yes, this year - after ECB council member Yves Mersch declared that "I would not be surprised at most colleagues concluding ...

Market Wrap - Morning

MATT WOODINGTON  |  FRIDAY, 18 FEB 2011
The Australian market has received positive leads from diverse markets in offshore trading overnight, with all key securities indices higher, as well as precious and industrial metals and oil. On the ASX 24 at 0828 AEDT, the March share price index ...

Century Funds vies to take manager role from Opus

ELISE BURGESS  |  TUESDAY, 15 FEB 2011
Century Funds Management will make a bid as manager and responsible entity of the Opus Income & Capital Fund No. 21, to be decided by vote on February 28. The fund manager, which has $900 million in invested property and funds, said that the major unitholders ...