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Showing 6061 - 6070 of 6252 results for "December 29"

Morning Market Wrap: Dollar hits fresh highs

The Australian dollar hit a fresh six-year high of $US0.7177 overnight as the US dollar weakened, buoyed by speculation of a widening interest rate differential with the United States. At 0700 AEDT the Australian dollar was trading at $US0.7156/61 compared ...

Challenger, CPH to pay each other $100m under proposal

AAP  |  MONDAY, 10 NOV 2003
Kerry Packer's Challenger Financial Services Group and CPH Investment Corporation (CPHIC) will pay each other nearly $100 million, under a plan to "corporatise" Challenger and cut ties with CPH. Challenger will also sell its quarter stake in beauty ...

Navigator launches new "safety" fund for cautious investors

Navigator has announced the addition of a new fund designed to help shelter investors from the downside of turbulent markets. The Safety First Performance Fund is the first time that Navigator has added a capital protected fund to the range of funds ...

Macarthur Cook announces expansion plans

The St George Bank group has taken a strategic stake in listed boutique property fund manager Macarthur Cook Limited, which in turn has announced the acquisition of National Australia Fund Management Limited. Ascalon Capital Managers Limited, the vehicle ...

Macquarie receives ATO product ruling for protected lending over managed funds

Macquarie Financial Products Management Ltd has received an Australian Taxation Office (ATO) Product Ruling for the latest offering of its leading edge Macquarie Fusion Funds, providing certainty to investors looking for tax efficiency in their investment. ...

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened stronger today after the US dollar weakened on profit taking in the wake of a strong US jobs number, a trader said. At 0700 AEDT the Australian dollar was trading at $US0.7090/97 compared with Friday's close of 0.7072/77. ...

Midday Market Wrap: Dollar driven down by strong US currency

The Australian dollar was weaker at noon, driven down by a stronger US dollar. At 1200 AEDT the Australian dollar was trading at $US0.7065/69 compared with yesterday's close of 0.7121/26. It reached a high of $US0.7074 and a low of $0.7053 in morning ...

ANZ announces TrUEPrS preference shares buyback

As part of its ongoing capital management strategy, Australia and New Zealand Banking Group Limited (ANZ) has called for the buyback of the ANZ Preference Shares issued as part of the trust units exchangeable for preference shares (TrUEPrS) Series 1 ...

Lure of high yields attracts global fund investments in Australia

Lured by the prospect of high yields in Australia, global fund managers are stepping up to the crease and are pumping large amounts of money here. TD Securities chief economist Stephen Koukoulas, in an exclusive interview with the Financial standard ...

Morning Market Wrap: Dollar weaker after US jobless claims plunge

The Australian dollar opened weaker today against a broadly stronger US dollar but remained within its recent range above important support levels. At 0700 AEDT the Australian dollar was trading at $US0.7058/63 compared with yesterday's close of 0.7121/26. ...