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Showing 2291 - 2300 of 2958 results for "August 27"

Contra confidence

BENJAMIN ONG  |  MONDAY, 19 JUL 2010
Did anyone hear that loud thud on Wall Street over the weekend? So what do we do now? Are we back on track for very slow growth - at worst, a double-dip -- and all the sinister consequences it'll have on our combined and individual fortunes? The Street ...

Market Wrap - Morning

AAP  |  MONDAY, 19 JUL 2010
Australian markets have received strongly negative leads from offshore trading on Friday, with key indices substantially lower and key commodities also down heavily. At 0743 AEST on the Sydney Futures Exchange, the September share price index contract ...

Broker jailed for false trades

ASIC RELEASE  |  WEDNESDAY, 14 JUL 2010
Former Macquarie Equities client adviser Newton Chan has been sentenced to a 20-month imprisonment term - serving four months immediately before being released on a recognisance release order - for share price manipulation. He was sentenced in the Supreme ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 JUL 2010
The Australian share market is likely to open higher as the second-quarter earnings season in the US got off to a positive start. After Wall Street closed marginally higher, aluminum maker Alcoa beat analysts' expectations and raised its forecast for ...

ASX power handover to ASIC heralds new trading rules

PRESS RELEASES  |  FRIDAY, 9 JUL 2010
Starting next month, investors will have to follow a new set of trading rules when regulator ASIC takes over the supervisory role historically held by the local bourse. Chris Bowen, minister for financial services, superannuation and corporate law ...

Coding error review prompts sell rating

MEDIA RELEASE  |  FRIDAY, 9 JUL 2010
Standard & Poor's Fund Services has rated the AXA Wholesale Global Equity - Core fund as a "sell" after the final review from AXA Rosenberg about the mishandling of a coding error, which ultimately led to the group founder's resignation and demotion ...

Another LIC fails

MICHAEL HOBBS  |  THURSDAY, 8 JUL 2010
Shareholders in listed investment company (LIC), India Equities Fund, have voted to return capital to investors - highlighting another example of the weaknesses of LIC vehicles. More than 95 per cent of the fund's investors voted for the board's proposed ...

Bookmakers fund adopts liquidity strategy

RUTH LIEW  |  WEDNESDAY, 30 JUN 2010
The Bookmakers Superannuation Fund is removing switching restrictions to its conservative strategies, and dividing its balanced pension and accumulation options in a bid to reopen the fund which faced illiquidity problems during the GFC. The Bookmakers ...

ASIC reaches $2.5m Westpoint settlement

COMPANY RELEASE  |  MONDAY, 28 JUN 2010
ASIC has successfully obtained court approval for a $2.5 million settlement on behalf of clients who invested in Westpoint products, following the advice of Glenhurst Corporation. It is one of five obtained by ASIC as part of its compensation proceedings ...

Market Wrap - Morning

AAP  |  MONDAY, 28 JUN 2010
The Australian market has received flat to mixed leads from offshore trading, with Wall Street's key indices flat, while indices were down in Europe and Asia. Precious metals traded higher, as did oil and copper. At 0759 AEST on the Sydney Futures Exchange ...