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Showing 5871 - 5880 of 6884 results for "Act2"

Market wrap - midday

AAP  |  THURSDAY, 25 SEP 2008
The Australian share market was weaker at noon, dragged down by the resources sector. At 1200 AEST, the benchmark S&P/ASX200 was 13.4 points lower, or 0.27 per cent, to 4968.5, while the broader All Ordinaries lost 10.9 points, or 0.22 per cent, to ...

SWFs back alternatives

RUTH LIEW  |  THURSDAY, 25 SEP 2008
The $3.8 trillion sovereign wealth funds sector is expected to pour more money into alternatives to diversify their portfolios, new research shows. "We can expect that sovereign wealth funds [will] progressively diversify into a broader range of investment ...

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
AEGON is expecting to suffer losses from its $466 million exposure to Lehman Brothers. During 2008, AEGON actively lowered its exposure to Lehman Brothers by approximately 20 per cent. By September 12, four days before Lehman Brothers filed for bankruptcy ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
Super funds should take a closer look at their own role in the current capital market crisis and reassess their governance standards instead of blaming other firms, according to Donald MacDonald, BT Pension Fund trustee and UK PRI chair. Speaking at ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
The US Congress is still deliberating the administration's latest rescue package - the details and the cost. The Financial Standard Intelligence Unit (FSIU) acknowledges that despite the delay, the US Congress will ultimately pass the government's bailout ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
Financial markets' attention remains centred on what the US government's 'mother of all bailouts' will eventually turn out to be and more important, how much it will cost. Just as the Financial Standard Intelligence Unit (FSIU) predicted, equity markets ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
Equity markets rebounded sharply at the end of last week's trading as America's administrative, fiscal, monetary and regulatory authorities combined to wrench the claws off the credit squeeze that, last week, threatened to strangle the US financial ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
UK's financial services regulator has stepped in to ban the shorting of UK bank shares and other financials from today until January next year - mirroring the US regulator's move to tighten rules on short-selling to thwart speculators from causing more ...

CalPERS halts lending to big four

RUTH LIEW  |  FRIDAY, 19 SEP 2008
The $274 billion California Public Employees' Retirement System (CalPERS) has temporarily stopped the lending of troubled Wachovia, Goldman Sachs, Morgan Stanley, and State Street shares. Anne Stausboll, interim chief investment officer of CalPERS ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 SEP 2008
The Australian stock market has received a positive lead, with Wall Street shooting higher on reports the federal government may create an entity that will take over banks' bad debt. At 0738 AEST, the Sydney Futures Exchange's December Share Price Index ...