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Showing 3201 - 3210 of 3265 results for "January 31"

Midday market report: Shares surge higher on US data

The Australian stock market opened higher today following a surge by stocks on Wall Street overnight. The benchmark S&P/ASX 200 index was 16.6 points higher at 3273.1 in early trade while the all ordinaries index had leapt 20.0 points to 3273.1. Overnight ...

Morning Market Wrap: Dollar sinks below $US0.7000

The Australian dollar sank below $US0.7000 overnight as the United States dollar swept to strength on the back of a resurgent US manufacturing sector. The Australian dollar slumped by nearly a full US cent in New York following manufacturing data at ...

Victorian securities dealer banned:ASIC

A Victorian securities dealer has been permanently banned from doing any act as a representative of a dealer or an investment adviser, following an investigation by the Australian Securities and Investments Commission (ASIC). Michael Kwong of Malvern ...

Industry groups call for active management interest in imminent IASB standards

The Australian Securities and Investments Commission (ASIC) and the Financial Reporting Council (FRC) have called on all company boards and management to take an active interest in preparing for the adoption of the International Accounting Standards ...

Hedge funds achieve modest gains for September: Van Hedge Fund Advisors

Despite the fact that all major US stock market benchmarks were down last month, hedge funds continued to generate seventh-straight month of modest gains for the Van Global Hedge Fund Index. Van Hedge Fund Advisors (VAN) has said that seven out of ten ...

ANZ launches proceedings over NHB insurance recovery

ANZ has issued proceedings in the Victorian Supreme Court regarding ANZ's $130 million insurance claim, consequent upon settlement in January 2002 of its former subsidiary Grindlays Bank's 1992 dispute with India's National Housing Bank (NHB). The proceedings ...

AMP details $1.2 billion rights issue as part of demerger

AAP  |  FRIDAY, 10 OCT 2003
Troubled financial services group AMP Ltd is to undertake a $1.2 billion rights offer to redeem its reset preferred securities as part of its planned demerger. AMP also said it is injecting a further net $84 million into its United Kingdom operations. ...

Macquarie spends $40 million in South Korea

AAP  |  THURSDAY, 9 OCT 2003
Macquarie Bank Ltd has deepened its footprint in South Korea, with another $40 million investment in a vital toll road linking two of the nation's biggest cities. In the second investment for its Korean Road Infrastructure Fund (KRIF), Macquarie said ...

Morning Market Wrap:End of winning streak; dollar sets fresh high

The Australian share market is likely to lose ground today, ending a winning streak that began at the start of October, after falls in international markets overnight. But shares in producers of base metals - nickel in particular - are once again likely ...

Morning Market Wrap: Dollar hits six year high

The Australian dollar charged above $US0.6900 overnight to hit its highest level in nearly six years as the United States dollar crumbled across the board. The local unit hit $US0.6920 in New York - its highest level since January of 1998. At 0700 the ...