Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5111 - 5120 of 6252 results for "December 29"

Fundies find a loophole in money laundering law

WWW.THESHEET.COM  |  WEDNESDAY, 12 DEC 2007
On the eve of the implementation of the most significant provision of the Anti-Money Laundering and Counter-Terrorism Financing Act, the regulator Austrac has conceded that there is a big loophole in the law. Austrac issued a statement yesterday, saying ...

Market wrap - midday

AAP  |  WEDNESDAY, 12 DEC 2007
The Australian share market remained one per cent weaker at noon, following Wall Street's disappointment over a smaller-than-expected interest rate cut by the US central bank. At 1200 AEDT the benchmark S&P/ASX200 index was 70.3 points or 1.05 per cent ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 DEC 2007
The Australian stock market is expected to open lower after US stocks slumped following the Federal Reserve's decision to cut interest rates by a quarter point to 4.25 per cent, disappointing investors who had hoped for a more aggressive reduction. ...

Market Wrap - Midday

AAP  |  TUESDAY, 11 DEC 2007
The Australian stock market was higher at noon after New York rallied, led by bank and building stocks, as the latest cash infusions into battered financial firms, including Swiss bank UBS, eased credit concerns. The likely prospect of a Federal Reserve ...

Singapore and ME fund swoop on UBS

WWW.THESHEET.COM  |  TUESDAY, 11 DEC 2007
Government of Singapore Investment Corp and an unidentified Middle Eastern investor (rumoured to be a state controlled fund from Oman) have chipped in $11.6 billion in capital into UBS to lift it out of the sub-prime funding jungle. This is the latest ...

Market Wrap - Morning

AAP  |  TUESDAY, 11 DEC 2007
The Australian stock market is expected to open higher after US stocks advanced on Monday as investors snapped up beaten-down financial shares on news of the latest injection of funds into a major global bank. Expectations of a Federal Reserve interest-rate ...

Market Wrap - Midday

AAP  |  MONDAY, 10 DEC 2007
The Australian market was down at noon as weakness in the banking sector offset modest gains by the big miners. At 1200 AEDT, the benchmark S&P/ASX200 index was 23.5 points lower at 6631.2 and the All Ordinaries had declined 19.3 points to 6694.7. On ...

Olympus float on hold

MICHAEL HOBBS  |  MONDAY, 10 DEC 2007
The joint initial public offering (IPO) of Asia Diversified Fund Ltd and Olympus Funds Management has been withdrawn this year due to the recent Asian market sell-off. "Given our track record in India and the significant potential across Asia, we are ...

Market Wrap - Morning

AAP  |  MONDAY, 10 DEC 2007
The Australian stock market is expected to open flat today after Friday's lacklustre session on Wall Street and as investors sit tight ahead of a US Federal Reserve meeting this week. At 0754 AEDT, on the Sydney Futures Exchange, the December share ...

CG not a priority for mid-caps

Listed companies in the mid-cap sector run the risk of being ignored by corporate governance-conscious institutional investors after a new report found that only two out of 150 mid-cap companies have adopted 'best practice' CG standards. The 2007 BDO ...