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Showing 6131 - 6140 of 6884 results for "Act2"

Economic round-up: Yearning for a yuan inspired Asian euro

SUZY MAC  |  TUESDAY, 22 MAY 2007
China's runaway economy may be reason enough to cut the value of the yuan without any pressure from US Treasury, but pressure is gently mounting for a single Asian currency. According to Bloomberg, the Chinese Government is considering a currency revaluation ...

Investors will be compensated for dud advice: Pearce

ALEX DUNNIN  |  MONDAY, 21 MAY 2007
Financial services licensees must have measures in place so they can compensate retail clients if the advice or services they provide are found to be "inappropriate". The measures are part of a new regulation just announced by the Government and may ...

Economic round-up: Bank fee jump is our fault, not theirs

ALEX DUNNIN  |  FRIDAY, 18 MAY 2007
Banks are right now being attacked because of the 6 per cent or $10 billion increase in their fee revenues that is showing up in their profit results, but the fee jump reflects changes in the economy and how we use banks rather than fee gouging. So ...

Members covered for fraud but not bad investments

The troubles of a Western Australian-based super fund should serve as a stark warning to super fund members who blindly contribute money into their super without understanding how their funds are invested. Strategic Capital Superannuation Fund (SCSF) ...

Microfinance bonds attract major instos

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
Major institutions are entering the 'double-bottomline' fixed interest market by securitising microfinance bonds that will be used to fund micro loans in developing economies. Institutions to get involved so far include Citigroup, Deutsche Bank, Commerzbank ...

Kiwibank fined over lack of disclosure

ALEX DUNNIN  |  THURSDAY, 17 MAY 2007
New Zealand government-owned bank Kiwibank yesterday pleaded guilty to breaching the Fair Trading Act while a banking group recently appointed as a KiwiSaver default fund is also under investigation. The case concerns banks which failed to properly ...

Market wrap - morning

AAP  |  THURSDAY, 17 MAY 2007
The local market will likely take direction from New York, despite base metals heading lower on the London Metal Exchange. At 0803 AEST on the Sydney Futures Exchange, the June share price index contract was up 34 points to 6,341, on a volume of 1,855 ...

Tolhurst appoints new economist/strategist

CHRIS NICHOLLS  |  WEDNESDAY, 16 MAY 2007
Tolhurst has announced the appointment of former Aegis analyst Tony Farnham as economist/strategist. Explaining his move, he said that, "It really came down to the fact that I just wanted to have taste of the executing broker side of the business, which ...

Market wrap - morning

AAP  |  WEDNESDAY, 16 MAY 2007
Although the Dow Jones closed higher amid signs of stabilising inflation, the S&P 500 Index and the Nasdaq declined. The local market will will likely take a cue from the mostly stronger base metals overnight. At 0745 AEST on the Sydney Futures Exchange ...

Sustainable investing eclipses SRI

ALEX DUNNIN  |  TUESDAY, 15 MAY 2007
Socially responsible investing built on the ideas of simply screening out bad investments is naA-ve and doesn't do much more than confuse investors, said McKinsey & Co in a report to clients. "Early approaches simplistically screened out 'sin sectors' ...