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Showing 5071 - 5080 of 6515 results for "Jul"

Market Wrap - Midday

AAP  |  THURSDAY, 12 AUG 2010
The Australian stock market was weaker at noon after a poor performance on global markets overnight and a lift in the domestic unemployment rate. The market also took a dim view of weak profit results from Telstra and Qantas. At 1211 AEST, the benchmark ...

FSC launches trustmark for consumers

RUTH LIEW  |  THURSDAY, 12 AUG 2010
AMP, AXA, Colonial First State and ING are among the Financial Services Council members that will have to comply with a new set of standards set by the FSC, following the launch of its consumer-centric "trustmark". The FSC trustmark was launched today ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 AUG 2010
The Australian market has received strong, negative leads from offshore trading overnight, with key market indices all down heavily, oil dropping and only gold amongst key metals showing a rise. At 0710 AEST on the Sydney Futures Exchange, the September ...

The Fed did it

BENJAMIN ONG  |  THURSDAY, 12 AUG 2010
Ouch! Now that hurt didn't it? Of course it did. The S&P 500 index dropped by 2.8 per cent, the Dow fell by 2.5 per cent and the Nasdaq declined by 3 per cent. Not a good night overall. But why am I not surprised? As I've written just two days ago ...

SSgA hits $3bn in ETFs

COMPANY RELEASE  |  TUESDAY, 10 AUG 2010
State Street Global Advisors has reached the $3 billion in total funds under management mark for its SPDR range of Exchange Traded Funds (ETFs) in Australia, up more than 50 per cent over 12 months. This is 52 per cent higher than the $1.97 billion ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 AUG 2010
The Australian stock market has received a positive lead from offshore markets during the overnight session, with Wall Street closing higher and the benchmark crude oil contract settling above $US81 a barrel. At 0715 AEST on the Sydney Futures Exchange ...

Top CEOs back statutory fiduciary duty for advisers

MICHELLE BALTAZAR  |  MONDAY, 9 AUG 2010
The country's top executives in financial services said that the Ripoll Inquiry recommendation to impose statutory fiduciary duty for financial advisers is the best way to improve the quality of advice, a survey shows. The Financial Services Council/PricewaterhouseCoopers ...

Gillard Govt to tighten reverse mortgages rules

RUTH LIEW  |  MONDAY, 9 AUG 2010
Reverse mortgages holders will receive more protection during a property downturn if Labor continues to hold government after the election - but the industry's peak body said most of these proposed policies are already in place. A re-elected Gillard ...

Not a jobless double-dip

BENJAMIN ONG  |  MONDAY, 9 AUG 2010
Double-dip here we come! Yes Virginia, we're on our way back to the abyss. This, if you believe the talking heads and the written words on the financial media after the latest update on US employment hit trading screens last Friday night. The numbers. ...

ASIC targets five unregistered property ventures

ASIC RELEASE  |  FRIDAY, 6 AUG 2010
Melbourne company director Mark Ronald Letten has come under further ASIC scrutiny after the regulator moved to appoint receivers to an additional five unregistered property ventures associated with Letten. On Friday, 30 July, ASIC obtained orders relating ...