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AIA raises US$20.5bn in IPO

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
AIA's long awaited IPO was a resounding success last week, with US$20.5 billion raised in the share sale to retail and insititutional investors, making it the third largest IPO in history, and the largest ever for the Hong Kong market. Investors scrambled ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 NOV 2010
The Australian market is receiving mixed leads from offshore trading overnight, although the late fall on Wall Street will exercise a restraining influence on trading on Tuesday. Precious metals were lower, but base metals and oil were more buoyant. ...

More governance needed on remuneration

RUTH LIEW  |  MONDAY, 13 SEP 2010
... downgrades during the worst of the GFC - while shareholders were not. Ann Byrne, chief executive of ACSI, said in a newspaper article that one reason for fixed-pay increases in 2010 could be a "catch up" after a year without increased bonuses. Byrne ...

NGS Super considers Shariah-compliant option

ELISE BURGESS  |  FRIDAY, 27 AUG 2010
... to gambling or alcohol, nor on highly leveraged companies. While the sector is substantial, there are risks. Overseas newspaper, The Times, published an article in June that claimed Islamic banking products have fared poorly in the UK.

FSC launches trustmark for consumers

RUTH LIEW  |  THURSDAY, 12 AUG 2010
AMP, AXA, Colonial First State and ING are among the Financial Services Council members that will have to comply with a new set of standards set by the FSC, following the launch of its consumer-centric "trustmark". The FSC trustmark was launched today ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 AUG 2010
The Australian share market has received a weak lead from Wall Street where disappointing earnings and economic data put an end to the recent rally. At 0745 AEST on the Sydney Futures Exchange, the September share price index contract was down four ...

Advice goes direct to retail shopfronts

... in-house. Michelle Baltazar and Ruth Liew This article first appeared in the latest print edition of the Financial Standard newspaper (July 19, Volume 8 No.13), out now.

Paul does it again

BENJAMIN ONG  |  MONDAY, 12 JUL 2010

Going nowhere fast

BENJAMIN ONG  |  THURSDAY, 17 JUN 2010
... demand are keeping prices in check. Although it's the CPI that matters more for the Fed....and the rumours: Spanish daily newspaper El Economista reported that the European Union, the IMF and the US Treasury are in talks with Spanish officials involving ...

America's Eyjafjallajokull

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2010
... is suing that other player in the subprime debacle - the ratings company Moody's Investor Services. According to the newspaper, California "is seeking a court order to make Moody's comply with a subpoena issued in September 2009." The state of California ...