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Showing 3971 - 3980 of 4761 results for "July 2014"

Instos allocate $980m to catastrophe bonds

COMPANY RELEASE  |  WEDNESDAY, 22 JUL 2009
Bermuda-based Nephila Capital, which counts AMP and MLC as clients, has raised $980 million in the second quarter of this year from institutional investors targeting catastrophe reinsurance funds. Greg Hagood, the fund's co-founder, said pension funds ...

Jumping at shadows no more

BENJAMIN ONG  |  TUESDAY, 21 JUL 2009
"War is over, if you want it, want is over now" (John Lennon) Wall Street have resumed its upward trek after tripping some weeks back as number crunchers lowered company profit expectations and the dumping of warm bodies on the unemployment heap continued ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 JUL 2009
The Australian sharemarket has received positive leads overnight from higher stocks and commodity prices overseas. At 0709 AEST on the Sydney Futures Exchange, the September share price index contract was 42 points higher at 4,050. In economic news ...

RBNZ could go zero

BENJAMIN ONG  |  MONDAY, 20 JUL 2009
The New Zealand bond market has moved in lockstep with its neighbour across the Tasman as it always had historically. There are numerous debates on why this should or should not be so. But whatever the underlying reasons behind this strong positive ...

Bullish bear

BENJAMIN ONG  |  FRIDAY, 17 JUL 2009
... last night's US jobless claims report for instance. Initial jobless claims fell by 47K to 522,000 in the week ending 11 July - the lowest since January and better than the expected 553,000. Similarly, continuing claims fell by a hefty 642K to 6.273 million ...

Another dead feline bounce

BENJAMIN ONG  |  THURSDAY, 16 JUL 2009
Oh boy! Wall Street is setting itself up for disappointment round 2. Cling! Cling! With the economic environment still challenging at best and recovery in a galaxy far, far away US equities - and by extension, equities everywhere else - would be hard ...

Hong Kong cracks down on Lehman Bros

RUTH LIEW  |  WEDNESDAY, 15 JUL 2009
Following last year's Lehman Brothers collapse, the Hong Kong Monetary Authority has revealed there are still 930 cases involving the failed bank still under disciplinary consideration within the Chinese state. HKMA announced last Friday that there ...

UniSuper activates fair value clause

RUTH LIEW  |  TUESDAY, 14 JUL 2009
The $21 billion UniSuper has initiated a clause that allows trustees to reduce defined benefit members' benefits - if necessary - following the GFC to provide fair value payments. UniSuper announced online on 7 July that it had decided to initiate "Clause ...

The times they are a'changin

BENJAMIN ONG  |  MONDAY, 13 JUL 2009
... shoots look like they're wilting. The preliminary Reuters/University of Michigan consumer sentiment index declined to 64.6 in July - worse than market expectations for a reading of 70 - from 70.8. While the result remains above this cycle's low of 55.3 ...

ASIC bans Firepower adviser

ASIC RELEASE  |  FRIDAY, 10 JUL 2009
ASIC has banned another adviser Quentin Ward from providing financial services for eight years after an investigation into his involvement in Firepower investments. ASIC banned Ward after an investigation into his dealings in the sale of Firepower Holdings ...