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| | | Australians will suffer the price of higher margin products and limited product innovation if the life insurance market continues to consolidate, warns Tower Australia. Jim Minto, managing director of Tower Australia, urged the government and Australian ... |
| | | | State Street has agreed to pay more than $340 million in settlement to the SEC's charges on misleading investors about their exposure to sub-prime investments. According to the SEC, State Street also selectively disclosed more complete information to ... |
| | | | AXA Australia has created three new general manager roles in its distribution team, including positions in sales, national accounts and marketing and strategy. Tim Mitchell Adams has been appointed as general manager, sales. Paul Harrop has been appointed ... |
| | | | The Australian market is likely to open in the red after US stocks and commodities plunged on investor concerns that the global economy is weaker than expected. At 0824 AEDT on the Sydney Futures Exchange, the March share price index contract was 134 ... |
| | | | The Australian market is likely to open weaker after US stocks retreated following lower-than-expected growth in the United States' service businesses. Major commodities also fell overnight. At 0821 AEDT on the Sydney Futures Exchange, the March share ... |
| | | | Peter Walsh, former head of retail at Putnam Investments in Australia, has been appointed head of retail distribution. Walsh left Putnam Investments after the firm withdrew from the retail market in Australia last year. Before joining Putnam, he was ... |
| | | | Running of the bulls. Peppered with undeniably wonderful set of numbers, Wall Street couldn't have it any other way overnight. The Dow closed 1.2 per cent higher - the biggest daily advance in about a month - the S&P 500 surged 1.4 per cent and the ... |
| | | | Australian stocks are expected to open lower on Monday following a weak lead from the US and most major world markets. At 0733 AEDT on the Sydney Futures Exchange, the March share price index contract was 47 points lower at 4,499. In economic news ... |
| | | | ... Barack Obama's State of the Union address. Toyota shares lost 4.26 per cent after the company said it was suspending the sale of eight models in the United States to fix defects related to accelerator pedals. The Tokyo Stock Exchange's benchmark Nikkei-225 ... |
| | | | The Australian share market was about 1.5 per cent lower at noon, hit by concerns of a local rate rise, lower than expected sales by Woolworths and delays to a major mining joint venture. A decline in US stocks overnight also dented investor confidence ... |
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