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Showing 2431 - 2440 of 2989 results for "ARRA"

AMP raises $450m

RUTH LIEW  |  WEDNESDAY, 5 NOV 2008
AMP Limited strengthens its balance sheet with $450 million in new capital, raising $50 million more than planned, through an institutional placement. "AMP is making the placement to enhance its capital position and increase business flexibility through ...

Spring facelift to Zurich life risk

RUTH LIEW  |  MONDAY, 3 NOV 2008
Zurich is simplifying the application process, improving trauma definitions and smoothing the claims process of its life risk products. The insurance firm is targeting women and individuals who experience a period away from employment - such as maternity ...

New rules for short selling

MICHAEL HOBBS  |  WEDNESDAY, 29 OCT 2008
Financial watchdog ASIC and the ASX have changed the disclosure rules on short selling, ahead of the expected lifting of the ban on shorting non-financial stocks next month. The disclosure and reporting requirements mean short selling activity on the ...

UBS and Præmium talks fail

MICHAEL HOBBS  |  TUESDAY, 28 OCT 2008
UBS has dropped negotiations with portfolio administration provider, PrA|mium to supply its services to the firm's Australian wealth management division. UBS appointed PrA|mium as a preferred tender in November last year, however the firm said it will ...

Swan clears St George takeover

WWW.THESHEET.COM  |  FRIDAY, 24 OCT 2008
Westpac yesterday received the formal approval of Wayne Swan, Australia's Treasurer, for its planned takeover of St George Bank. The approval comes with some limp conditions that conform to Westpac's stated plans for the bank, including maintaining ...

India fund opens to unlisted assets

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
The India Equities Fund Limited is broadening its investment scope to include unlisted investment assets. Funds for the unlisted part of the portfolio will be sourced from new raisings or cash reserves and investments through a wholly owned subsidiary ...

Sunsuper eyes CitiStreet Australia

RUTH LIEW  |  FRIDAY, 17 OCT 2008
The $13 billion industry fund Sunsuper has unveilled plans to buy superannuation fund administration business CSA Retirement Services, formerly known as CitiStreet Australia. Sunsuper said the fund was in talks with the administrator yesterday and confirmed ...

Depression no more?

BENJAMIN ONG  |  TUESDAY, 14 OCT 2008
A depression-like stockmarket tumble needs a depression-like bounce back. This is what the equity markets' got overnight as Wall Street staged its biggest rally since October 1931. Equity markets across Europe and the US recorded spectacular one-day ...

Market Wrap - Morning

AAP  |  TUESDAY, 14 OCT 2008
The Australian share market is expected to surge at open this morning, with the Australian futures index up over seven per cent, following Wall Street's boom overnight. At 0826 AEDT, the key pointer to the day's trading in Australia, the December SPI ...

Property downturn over: RP Data

RUTH LIEW  |  FRIDAY, 10 OCT 2008
The bear run of the residential property market is at an end, marked by the surprise slashing of interest rates by the RBA this week, claims RP Data. According to national RP Data property research director Tim Lawless, the residential market has now ...