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Showing 5601 - 5610 of 6099 results for "trading"

Market Wrap

AAP  |  THURSDAY, 25 MAR 2004
... European central bank (ECB) officials raised speculation of possible rate cuts in Europe. At 0700 AEDT the local unit was trading at $US0.7549/53, compared with yesterday's close of 0.7516/20. Overnight, it traded between a low of $US0.7445 and a high ...

NAB dumps share buyback following APRA report

AAP  |  WEDNESDAY, 24 MAR 2004
... adequacy initiatives and terminate a share buyback after the release of a report by the banking regulator today into a forex trading scandal at NAB. The Australia Prudential Regulation Authority (APRA) undertook an investigation into the bank's processes ...

NAB set to go public with APRA report into forex scandal

AAP  |  WEDNESDAY, 24 MAR 2004
... statements today. The National Australia Bank board met yesterday to consider the APRA report into the foreign exchange trading scandal that cost the bank $360 million.

Market Wrap

AAP  |  WEDNESDAY, 24 MAR 2004
... the United States dollar gave up its early gains to close weaker in a choppy market. At 0700 AEDT the local currency was trading at $US0.7521/26 compared with yesterday's close of 0.7537/47. Overnight it traded between a low of $US0.7498 and a high of ...

Market Wrap

AAP  |  TUESDAY, 23 MAR 2004
... gold price and a weaker United States dollar which fell broadly across the board. At 0700 AEDT the local currency was trading at $US0.7530/34 compared with yesterday's close of 0.7452/57. Offshore, it traded between a low of $US0.7465 and a high of 0.7559. ...

Labor targets audit committee chair in NAB fallout

AAP  |  MONDAY, 22 MAR 2004
The federal opposition has called for more heads to roll at National Australia Bank (NAB) as a result of its forex trading fiasco, singling out embattled board member Catherine Walter. Labor financial services spokesman Senator Stephen Conroy said Walter ...

Market Wrap

AAP  |  MONDAY, 22 MAR 2004
... United States dollar recovered some ground against the euro and the yen on Friday night. At 0700 AEDT the local unit was trading at $U0.7481/86 compared with Friday's close of 0.7489/94. Offshore, it traded between a low of $US0.7445 and a high of 0.7520 ...

HSBC launches global fund of hedge funds

... invested in some 35 global and regional hedge funds employing long/short equity strategies, event-driven styles and commodity-trading plays.

Market Wrap

AAP  |  FRIDAY, 19 MAR 2004
... the currency market, drove the United States dollar down against most currencies. At 0700 AEDT the local currency was trading at $US0.7522/27 compared with yesterday's close of 0.7441/46. It traded between $US0.7417 and 0.7555 overnight. The Australian ...

NAB head of foreign exchange resigns

AAP  |  THURSDAY, 18 MAR 2004
National Australia Bank Ltd (NAB), stung by $360 million in forex trading losses, yesterday said the head of its global foreign exchange division, Peter Cunningham, has resigned. NAB sacked five foreign exchange traders, while three senior executives ...