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Showing 2441 - 2450 of 2996 results for "February 5"

MLC chief investment officer steps down

COMPANY RELEASE  |  MONDAY, 15 FEB 2010
Chris Condon, chief investment officer of MLC, will step down at the end of February to start his own investment consultancy. Condon will be retained by MLC in an advisory capacity. MLC's head of capital markets research Susan Gosling will become acting ...

Love thy neighbour

BENJAMIN ONG  |  MONDAY, 15 FEB 2010
... People's Bank of China (PboC) that it was increasing banks' reserve requirements by 50 bps to 16.5 per cent effective 25 February - the second in as many months. Markets reacted the same way they did when the PboC lifted the reserve ratio also by 50 ...

Jobs full recovery

BENJAMIN ONG  |  FRIDAY, 12 FEB 2010
If you believe the mantra that any economic recovery would not be sustainable without employment growth, then there is now no doubt that Australia has one sustainable economic expansion going. The latest Labour Force, Australia released by the Australian ...

ACCC seeks more info on AMP and NAB bids

ACCC RELEASE  |  THURSDAY, 11 FEB 2010
The Australian Competition and Consumer Commission (ACCC) is seeking more information on the competition issues identified during their research of the separate proposed acquisitions by AMP and NAB of AXA Asia Pacific. The ACCC has invited further submissions ...

Market Wrap - Morning

AAP  |  THURSDAY, 11 FEB 2010
The Australian stock market has received mixed to negative leads from offshore markets, with Wall Street closing lower and metals and energy prices mixed. At 0823 AEDT on the Sydney Futures Exchange, the March share price index contract was 14 points ...

Property developer gets jail sentence

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges. Saunders of Orange, New South Wales, was sentenced ...

Gold's dimming lustre

BENJAMIN ONG  |  THURSDAY, 4 FEB 2010
Gold's spectacular run in 2009 appears to have run out of puff this early in the New Year. The yellow metal produced a hefty 27.1 per cent return last year as prices jumped from US$862.20 per ounce in January 2009 to a high of US$1,212.00 an ounce on ...

ASIC enforces AFSLs for margin lenders

ASIC RELEASE  |  TUESDAY, 2 FEB 2010
Issuers and advisers of margin lending facilities will have five months to apply for a mandatory Australian Financial Services license - or face closing shop. Existing margin lenders and advisers on margin loans must apply to ASIC for an AFSL authorisation ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
Running of the bulls. Peppered with undeniably wonderful set of numbers, Wall Street couldn't have it any other way overnight. The Dow closed 1.2 per cent higher - the biggest daily advance in about a month - the S&P 500 surged 1.4 per cent and the ...

Morgan Stanley Smith Barney appoints Aus chief

MICHAEL HOBBS  |  FRIDAY, 29 JAN 2010
Morgan Stanley Smith Barney has appointed former managing director of Commonwealth Securities (CommSec), Matthew Comyn, as chief executive of its Australian wealth management business. Comyn starts his role in the final week of February at a time when ...