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Showing 2981 - 2990 of 3078 results for "Corporation"

ASIC obtains orders against unregistered investments scheme

... managed investment schemes (in the nature of mortgages) without holding the necessary licences, in contravention of the Corporation Law and Corporations Act.

Midday market wrap: Australian shares tumble in early trade

... dragged lower in response to the earlier sharp rise in bond yields and disappointing earnings reports from Ford Motor Corporation and Lucent Technologies. Locally, losses were broad based, and included the big four banks, News Corporation, major resource ...

Afternoon market wrap: Shares claw back earlier losses

... 3,067.5. The recovery in the afternoon session was led by BHP Biliton, which closed 2c up at $9.29, and Westpac banking Corporation, gaining 11c to $16.17. The stronger session emerged despite a sell-off in Japanese stocks, with the Nikkei shedding over ...

State Street Global Advisors appoints Don Hamson to head Australian equities

... Management and general manager of investments for BT/Sagitta. SsgA is the investment management group of State Street Corporation which manages $1.3 trillion in investment programs and portfolios for institutional and individual investors. "Don has built ...

Afternoon market wrap: All ordinaries gain ground

... driven by the strongest consumer confidence recorded in the country in nine years. According to the Westpac Banking Corporation and the Melbourne Institute of Applied Economic and Social Research, consumer sentiment is at its highest since July 1994. ...

Midday market wrap: Australian shares modestly higher

... Ordinaries index was 7.9 points higher at 3,061.3. The major banks all posted good advances in morning trade, while News Corporation added 10c to $11.97. Major resource stocks Rio and BHP Biliton were also higher at the open. But the Australian dollar ...

ASIC releases report on interim approach to mutual risk products regulation

The Australian Securities and Investments Commission (ASIC) today released a detailed report of the commission's interim approach towards the regulation of mutual risk products (MRPs). "In general, ASIC considers MRPs to be financial products for the ...

Midday market wrap: Australian shares open higher

... were broadbased, including the major banks, major resource stocks Rio and BHP Billiton, and media conglomerate News Corporation. Japan's Nikkei 225 index was also up almost 1.0%, following a sharp sell-off Friday on fears the market may have rallied ...

Tower announces sale of trustee business

... Zealand for $NZ25 million ($A22.5million). The purchaser is a private US-based investment company, Sterling Grace Corporation. Tower Trust New Zealand provides both personal and corporate trustee services. The sale follows approval last week for Tower ...

Afternoon market wrap: Shares sustain upward momentum

... followed strong advances Friday in US and European equity markets, and a rebound today in Japan's Nikkei 225. News Corporation led the local market higher, with the media conglomerate rising 29c to $11.87. The major banks all recovered ground after last ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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When geopolitics becomes a portfolio risk

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Blake Briggs

CHIEF EXECUTIVE OFFICER
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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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