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Showing 541 - 550 of 628 results for "Fire"

Central Banks hold fire

BENJAMIN ONG  |  FRIDAY, 8 AUG 2008
The week of central watching finished with the Reserve Bank of Australia, the US Federal Reserve, the European Central Bank and the Bank of England opting to hold monetary policy steady this month. Fixed income markets rallied overnight following unchanged ...

UBS faces multi-billion lawsuit

RUTH LIEW  |  TUESDAY, 29 JUL 2008
... falsely selling and marketing auction rate securities as safe, highly liquid and cash-equivalent securities. UBS came under fire when the attorney general claimed UBS's representations were deceptive when the auction rate securities market came under ...

IFM boosts stake in Ecogen

MICHAEL HOBBS  |  MONDAY, 21 JUL 2008
Industry Funds Management (IFM) bought the remaining 72.6 per cent equity stake in gas electricity firm, Ecogen Holdings from Babcock & Brown Power for $80.9 million. IFM has been an investor in the firm since 2003 and now completely owns the business ...

US pension fund to settle suit for $930m

RUTH LIEW  |  FRIDAY, 4 JUL 2008
The largest public pension fund in the US fires a warning shot against companies with lousy corporate governance when it demanded a company it invests in to re-write its CG policy and pay a $930 million cheque for wrongful share trading. The $244 billion ...

Market wrap - midday

AAP  |  TUESDAY, 27 MAY 2008
The Australian share market opened higher today, led by energy stocks Woodside and Santos, after yesterday's more than one per cent decline. US stock markets and commodity trading in London were closed overnight, providing little direction. At 1211 ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 APR 2008
The Australian share market is expected to open lower today following falls on Wall Street and increased price of oil which set a new record at $112 per barrel. In London overnight, however, base metal prices surged. At 0710 AEST on the Sydney Futures ...

Cash is still king

... ten respondents predict the market will end flat or down less than 10 per cent. The proposed acquisition of Bear Stearns at fire sale prices only reinforced the bearish sentiment. "The Australian share market has a disproportionate weighting to financial ...

S&P hits back on CalPERS' claims

RUTH LIEW  |  THURSDAY, 27 MAR 2008
Standard & Poor's has returned fire at claims by CalPERS that the global rating house practiced a "dual rating system" which placed municipalities to a higher standard than corporate issuers. US pension fund giant CalPERS recently flagged the current ...

Future Fund to adopt ESG

RUTH LIEW  |  WEDNESDAY, 19 MAR 2008
The Federal Government's Future Fund has confirmed it will be looking at environmental, social and governance (ESG) issues as part of its investment strategies in 2008. The government-backed $59.6 billion fund was highlighted by Australian Conservation ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 MAR 2008
... the March SPI futures index, and after New York staged a late rally to come back from falls that followed the Bear Sterns fire sale. In London overnight, base metals were significantly lower. At 0726 AEDT on the Sydney Futures Exchange, the March share ...