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Showing 2371 - 2380 of 3271 results for "January 1999"

Principal Global gets $150m QFII quota

MELANIE TIMBRELL  |  THURSDAY, 30 AUG 2012
Global asset manager Principal Global Investors has been approved for a $150m Qualified Foreign Institutional Investor (QFII) quota to be invested directly in China's A-share markets. The quota approval from the Chinese State Administration of Foreign ...

QLD adviser cops five year ban

LINDA HAUSKEN  |  TUESDAY, 21 AUG 2012
ASIC has banned Brisbane adviser Janeece Norma Giraldo from providing financial services for five years after she failed to comply with a number of Australian financial laws. Giraldo has been a director of WIN Financial Network since 1993. She was also ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Insurers are preparing for the impact of the Life and General Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements ...

Bad news sells

BENJAMIN ONG  |  THURSDAY, 16 AUG 2012
Don't bother reading today about what Wall Street did last night - it didn't. 'Twas another DD (dull day) folks. Nothing new -- just that what's now become a too familiar refrain of investors fearing slowing global growth counterbalanced by hope that ...

Storm's victims counselled against settlement

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
Stewart Levitt, the lawyer representing victims of the failed Storm Financial Group has advised clients not to accept an out-of-court settlement, should one be offered. Levitt advised his clients not to support any move by the Australian Securities ...

ASX calls on ASIC to regulate dark pools

LINDA HAUSKEN  |  TUESDAY, 7 AUG 2012
The Australian Securities Exchange has called on the Australian Securities & Investments Commission to crack down on dark pool trades in Australia. Dark pools are orders to buy or sell shares that are executed outside the transparent ''lit'' markets. ...

ASIC raises bar on OTC derivatives

MELANIE TIMBRELL  |  WEDNESDAY, 1 AUG 2012
Issuers of OTC derivatives, including CFDs and margin foreign exchange derivatives, will have to meet new financial requirements just released by ASIC. The Australian Securities & Investments Commission (ASIC) yesterday announced an increase in minimum ...

Former investment company director pleads guilty

MELANIE TIMBRELL  |  MONDAY, 23 JUL 2012
Former Queensland-based director of the purported investment company Tanoak Pty Ltd, Tania Michele Oakley has pleaded guilty to three criminal charges following an ASIC investigation. ASIC alleged that between March 6, 2007 and April 16, 2007, Oakley ...

Lost

BENJAMIN ONG  |  TUESDAY, 17 JUL 2012
"I'm in a place where I don't know where I am!" -Homer Simpson I have to give it to Homer. He cut to the chase and burped out what every economist and financial market expert are afraid to admit these days - that we simply don't know. Ergo (sounds sophisticated ...

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
Well, well, well. Don't look now folks for we may have just received the best indicator of the financial markets' direction over the next three months, at least. No Virginia, it's not yesterday's decision by the Reserve Bank of Australia (RBA) to sit ...