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Showing 471 - 480 of 628 results for "Fire"

Balmain offers $295m to City Pacific investors

RUTH LIEW  |  TUESDAY, 10 AUG 2010
... share in proceeds from successful litigation. Resolution 1 will see assets sold after BT's value enhancement is completed (no fire sales) with additional development of certain assets within the fund to increase the total capital payments made to unitholders. ...

Inflation no show

BENJAMIN ONG  |  THURSDAY, 29 JUL 2010
RBA no go. This is the financial markets' collective verdict following yesterday's surprisingly lower-than-expected Australian inflation figures. I don't know about you but is central banking and monetary policy really as simple as this? I remember ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
... The Ohio Public Employees Retirement System (OPERS), the State Teachers Retirement System of Ohio and the Ohio Police and Fire Pension Fund, represented by the attorney general, led the class action suit. "The OPERS Board of Trustees has been an active ...

Bored with half-empty glasses

BENJAMIN ONG  |  WEDNESDAY, 7 JUL 2010
... around one per cent yesterday - give or take a few basis points. While the Reserve Bank of Australia (RBA) decided to hold fire on interest rates after yesterday's Board meeting because, "Caution in financial markets has been evident in the past couple ...

APRA dictates investment option labels

MICHAEL HOBBS  |  WEDNESDAY, 30 JUN 2010
... defensive characteristics of a portfolio remains part of the whole portfolio modelling approach," she said. "People understand fire warnings and they understand concepts of swimming between the flags - it's about drilling down risk so people understand ...

NY fund sues BP over oil spill losses

RUTH LIEW  |  TUESDAY, 29 JUN 2010
The $152 billion New York State Pension Fund is suing British Petroleum over losses from the oil spill disaster. In a press statement, New York state comptroller Thomas P. DiNapoli, the trustee of the NY fund, said he was hiring law firm Cohen Milstein ...

Hastings consortium buys $290m stake in US infra

COMPANY RELEASE  |  MONDAY, 7 JUN 2010
Hastings Funds Management and Zachry American Infrastucture have acquired a major stake in a US-based natural gas terminal in a deal worth $290 million. The consortium bought a 55 per cent stake in Freeport LNG Development L.P (FLNG), which owns and ...

More worries

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2010
"I've got chills, they're multiplying. And I'm losing control..." Grease. With European sovereign debt crisis still dangling over their heads like a "Damocles sword" - hey, isn't he Greek? - financial markets are again presented another source of worry. ...

Nein to naked shorts

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2010
... their fall just a few days after. What's going to be different this time? This is perhaps the euro's ultimate baptism of fire. Instead of stopgap measures, European governments have to bite the bullet and acknowledge that huge sacrifices have to be made. ...

US pension funds boost mortgages

RUTH LIEW  |  MONDAY, 10 MAY 2010
The $146 billion New York State Common Retirement Fund has pumped $564 million into Fannie Mae mortgages in New York to help stabilise mortgage lending in the state. According to a press statement by state comptroller Thomas DiNapoli, the $564 million ...