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Showing 3071 - 3080 of 3117 results for "November 2003"

Midday Market Wrap: Dollar up after employment announcements

The Australian dollar shot back towards near six year highs in response to a rise in the nation's employment level in September. The domestic unit bounced from $US0.6902 prior to the 1130 AEST announcement of the data to $US0.6927 at 1139 AEST, fractionally ...

Costello unveils response to CLERP 9

The business and investment community has until 10 November to formally respond to the government's draft legislation on audit reform and corporate disclosure, the result of the ninth review of the Corporate Law and Economic Reform Program (CLERP 9). ...

RBA expected to hold rates, but hikes will come

Australia's effervescent economy will force interest rates to rise soon but most economists think the Reserve Bank will wait for further evidence of a global upswing before hiking rates. The Reserve Bank of Australia (RBA) has kept rates on hold for ...

Midday Market Wrap: Bond market stronger after yesterday's sell off

The Australian bond market opened slightly stronger today, halting yesterday's sharp sell off. At 0900 AEST the yield on the Commonwealth Government May 2013 bond was at 5.545 per cent from 5.570 at yesterday's close. The yield on the November 2006 ...

Colonial supports PREIA managment of Lend Lease

AAP  |  MONDAY, 6 OCT 2003
Colonial First State Investments Ltd has reiterated its support for Principal Real Estate Investors (Australia) Ltd (PREIA) to take over the management rights of Lend Lease US Office Trust (LLUSOT). Giant property developer Lend Lease is currently overseeing ...

Midday Market Report: Dollar firm; All eyes on Japan

The Australian dollar was firmer to noon but remained locked in a range as global players await further direction from US economic data. At 1200 the Australian dollar was trading at $US0.6849/52 compared with yesterday's close of 0.6840/46. The local ...

Telstra announces off market share buy back

AAP  |  FRIDAY, 3 OCT 2003
Telstra Corp Ltd today said it would buy back between $800 million and $1 billion of its own shares in an off market tender process. Telstra, which had flagged the possibility of a share buyback when it announced its full year results recently, said ...

STOPS Fund to transfer to CARE Super

The $17 million Shipping and Travel Officers Productivity Superannuation Fund, (STOPS) plans to transfer to CARE Super, the not-for-profit super fund catering for office-based employees, in November, it has announced. STOPS chairman Bob Crabb explained ...

Afternoon market wrap: All Ords recover from opening losses

The Nikkei Stock Average of 225 issues closed at 10,229.57 points on the Tokyo Stock Exchange today, down 88.87 points, or 0.86 percent, from Friday. The Australian share market recovered early losses but still closed down today, as key resources and ...

Midday market wrap: All Ords lower at noon after OPEC news

The Australian sharemarket remained lower at noon, still affected by a fall in United States stocks after an OPEC announcement fuelled concern about energy prices. The Organisation of Petroleum Exporting Countries' overnight decision to cut its oil ...