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

Search Results

Showing 531 - 540 of 625 results for "Financial Sector"

Silk and Vilgan join govt council

MICHAEL HOBBS  |  THURSDAY, 10 APR 2008
Treasurer Wayne Swan has boosted the superannuation industry's representation on the Financial Sector Advisory Council (FSAC) by appointing AustralianSuper chief executive Ian Silk and QSuper chief executive Rosemary Vilgan to the group. The group is ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 APR 2008
... Tuesday, as news that Washington Mutual Inc expects a large quarterly loss raised the spectre of poor results in the financial sector, while minutes from the Federal Reserve's latest meeting stoked fears of a recession. Washington Mutual, the largest ...

Market Wrap - Midday

AAP  |  MONDAY, 7 APR 2008
... expectations, due mainly to a higher collective provision charge. "We're being dragged down by that news from ANZ and the financial sector is copping it today. It has been quite negative," Mr Vaughan said. "The ANZ is down five per cent on write-offs ...

Market bottom approaches, recovery expected soon

ALEX DUNNIN  |  TUESDAY, 1 APR 2008
... 7-15 per cent every nine months. However, a crisis on the stock markets has often been accompanied by one in the financial sector, as illustrated by the Savings & Loans crisis in 1990 and the LTCM debacle in 1998. Of the ten crashes, six have coincided ...

Cash is still king

... prices only reinforced the bearish sentiment. "The Australian share market has a disproportionate weighting to financial sector stocks, making it especially vulnerable to negative sentiment towards this sector. Also, Australian shares have strongly outperformed ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 MAR 2008
... banks led gains after a raised offer for Bear Stearns from JPMorgan Chase & Co soothed market jitters about the financial sector. The FTSE 100 closed at 5,689.1 points, up 193.9 or 3.53 per cent. FRANKFURT - The DAX index ended at 6,524.71 points, up ...

Time to get radical: IMF

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2008
... the IMF. The IMF has suggested these issues could be addressed through a three pillar approach that attacks the financial sector's deterioration, uses macroeconomic levers to cushion demand and adopts a multilateral strategy. The cushioning demand idea ...

Market wrap

AAP  |  THURSDAY, 13 MAR 2008
... "Resources stocks like Rio Tinto will lead the market today but there is likely to be some profit-taking in the financial sector." At 1020 AEDT, Rio Tinto was up 84 cents to 126.09 or 0.67 per cent to $126.09. BHP was up 20 cents or 0.54 per cent to ...

Market wrap - midday

AAP  |  WEDNESDAY, 12 MAR 2008
... noon led by banking stocks after the US Federal Reserve announced a $US200 billion liquidity injection into the financial sector overnight. At 1200 AEDT, the benchmark S&P/ASX200 index had gained 188.6 points, or 3.67 per cent, to 5322.8, while the broader ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... reporting obligations of institutions." This initiative follows the passage through Parliament, in late 2007, of the Financial Sector Legislation Amendment (Simplifying Regulation and Review) Act 2007. The Act introduces a consistent definition of reportable ...