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Showing 2861 - 2870 of 2997 results for "February 5"

Jeff Lucy confirmed as ASIC chairman

Jeff Lucy has been confirmed as the head of the securities watchdog after six months acting in the top job. Treasurer Peter Costello said Mr Lucy would serve a three-year term as chairman of the Australian Securities and Investments Commission (ASIC). ...

QBE buys out ING stake in QBE Mercantile Mutual JV for $740 mln

Australia's QBE Insurance Group said today that it had agreed to purchase ING's 50% stake in the QBE Mercantile Mutual joint venture. The initial purchase price for the general insurance underwriting assets is $740 million with an additional $25 million ...

Aust dollar tumbles more than one US cent over weekend

The Australian dollar tumbled by more than one US cent over the weekend to reach a six month low as the United States dollar soared on a much stronger than expected US jobs report. The key US report, which also delivered a robust employment number last ...

Just Group IPO falls short of hoped-for price

AAP  |  THURSDAY, 6 MAY 2004
Just Group Ltd, which lists on the Australian Stock Exchange tomorrow, has fallen well short of it indicative range of $2.25-$2.60 per share with investors instead paying $2.10 per share. The repricing values Just Group, formerly Just Jeans, at $458 ...

Aust bulding approvals likely to fall in March: economists

AAP  |  WEDNESDAY, 5 MAY 2004
Australian building approvals are expected to resume a downward trend in March, after a surprise hike in February, as approvals for units and apartments come off the boil, economists said. The Australian Bureau of Statistics (ABS) will publish March ...

Trust Company sees 5%-10% earnings growth for year ahead

AAP  |  FRIDAY, 30 APR 2004
Financial services provider Trust Company of Australia Ltd expects gross earnings to grow by about 5% to 10% over this financial year after reporting a 5.3% rise in net profit for the year to February 2004. In its first full result since the merger ...

Japan's industrial output rises slightly in March, stronger growth ahead

Japan's industrial output rose only marginally in March but should power ahead in the coming months on the back of the nation's solid economic recovery, economists said yesterday. The trade ministry said March industrial production rose 0.1% after adjustment ...

Australian dollar hits new low for the year overnight

AAP  |  FRIDAY, 23 APR 2004
The Australian dollar dipped to its lowest level for the year overnight and could fall further over the next few months if the US dollar continues to strengthen on the prospect of a US interest rate hike. At 0900 AEST the local currency was trading ...

St George shareholders win tax exemption

AAP  |  THURSDAY, 15 APR 2004
St George Bank Ltd shareholders have won exemption from paying tax on a 2001 share buyback, after a court ruling yesterday. St George said it granted "sell back rights" to shareholders in February 2001 in relation to an off-market buyback of its ordinary ...

Market Wrap

AAP  |  THURSDAY, 15 APR 2004
The Australian dollar fell by more than one and a half US cents overnight to open weaker, having lost ground against a surging US dollar and other currencies. This follows a loss of as much as two US cents by the local currency yesterday. At 0700 AEST ...