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Showing 3101 - 3110 of 3113 results for "Hong"

Hongkong Electric chooses State Street for $461 million mandate

... the Hongkong Electric retirement fund. "We look forward to working with Hongkong Electric, a long-standing member of the Hong Kong business community, and providing them with State Street's value-added solutions," said KK Tse, executive vice president ...

Midday market wrap: All Ordinaries up slightly

... $5.3 billion collapse of the insurance giant was due primarily to mismanagement. Meanwhile Telstra has said that its giant Hong Kong subsidiary CSL will be hard hit by the ongoing SARS virus. All Ordinaries: 2942.20 (+9.80) Dow Jones: 8402.36 (+51.26) ...

Afternoon market wrap: All ordinaries up

... commission will level out 56 charges against HIH, some of which could be prosecuted as criminal charges. Japan's Nikkei index and Hong Kong's Hang Seng index gained in trading despite the ongoing SARS virus affecting the socio economics of the East Asian ...

AMP to sell $2.8 billion in mortgages, property loans

... property finance loans in both Australia and New Zealand as part of its restructuring strategy announced on November 14 2002. Hong Kong Shanghai Banking Corporation (HSBC) will acquire AMP Banking's $1.6 billion residential mortgage portfolio in New ...

Afternoon market wrap: Airlines hit by turbulence

... as it announced that it was scrapping some international services in May and June due to a decline in bookings for Japan, Hong Kong, and the US. AMP lost $0.55 but ANZ and Commonwealth again both rose in a mixed day for the banking and financial sector. ...

Qantas shares plummet as Dixon warns investors on profits

... mid-July. For the interim Qantas schedule, from April to July, the airline plans to reduce flights to London, Paris, Rome, Hong Kong, Japan and Los Angeles. It will also defer planned increases in flights on existing routes.

Telstra chief brands AFR article claims "misleading"

... made in an article published in the Australian Financial Review, claiming that a shareholder supported proposal from its Hong Kong venture Reach with its banking syndicate, was "misleading and unfounded." "While Reach reports that discussions continue ...

Afternoon market wrap: All Ordinaries return negative figures

John Fernando The All Ordinaries shed 1.36% in trading today as Hong Kong's Hang Seng index also decreased by 1.22% following the trend set in Wall Street where stocks took a dive yesterday. Meanwhile the dollar is trading at a three-year high at US$0.62 ...

Morning wrap market wrap:

... continued its bad run with a loss of 3.4% in trading today to close at $6.77. Asian stocks also had a strong rally with Korean, Hong Kong and Japanese investors reacting positively to the US economic figures. The Asian rally was propped-up by gains in ...

Telstra profits down by 44% to $1.18 billion

... compared with the corresponding period of 2001 to $11.41 billion, but profits were hit hard by a $965million writedown on its Hong Kong based joint venture Reach. Telstra sought to ease the blow to shareholders by announcing a special dividend of $0.12 ...