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Market wrap

AAP  |  MONDAY, 8 MAY 2006
... on the New Zealand sharemarket for the second day in a row, with the stock losing a further 6.7 per cent. The sharemarket's top stock ended the day down a further 34c at 472, having gone as low as 467, knocking $666 million off the company's value. This ...

Market wrap

AAP  |  FRIDAY, 5 MAY 2006
... value of shares traded on the New Zealand sharemarket was more than three times normal levels as investors rushed to sell off top stock Telecom. Today more than 82.4 million Telecom shares, worth more than $415 million, changed hands. Telecom shares ...

Head of BNP Paribas Security Services shifts to UK role

... BNP Paribas Securities Services for Asia Pacific, including Australasia effective from 1 August 2006. The change over at the top follows a three year growth period for the group who acquired Cogent in 2002 and over the last three years has been the fastest ...

Tyndall appoints senior analyst from Credit Suisse

KATE HAGE  |  THURSDAY, 4 MAY 2006
... from 2003 to 2006 was ranked first or second in the Institutional Investor and Extel surveys of analysts. He was also awarded top analyst of building materials by The Sunday Times in 2005. The appointment comes only months after former Tyndall chief ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2006
... announcement of a 25 basis point rate hike today, citing recent inflation figures showing headline inflation right at the top of the central bank's 2-3 per cent target band and that high crude oil prices would continue to put upward pressure on prices ...

UN signs up $6 trillion to responsible investing

... economies," he said. The UN's initiative coincides with a recent AON risk survey that found 'corporate governance' was the top risk concern for company executives versus 'legal risk' last time. Michelle Baltazar

Daily economic update

BENJAMIN ONG  |  TUESDAY, 2 MAY 2006
... reports released overnight kept alive expectations that the US Federal Reserve will continue to raise interest rates. Coming on top of the weekend's strong 4.8 per cent annualised growth in first quarter real GDP - the fastest pace since the third quarter ...

Corporate governance the biggest risk: Aon

HAMISH MADDEN  |  TUESDAY, 2 MAY 2006
An Aon Australia survey has found that the issue of corporate governance is the top risk concern for executives, rocketing from ninth on their list of priorities in 2002-03 to the top of the table this year. Whereas in 2002-03 legal risk was the highest ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 1 MAY 2006
... prices increased by 0.9 per cent in the first quarter of 2006, taking the annual inflation rate to 3 per cent - right at the top end of the RBA's 2 per cent to 3 per cent target band. This has led to changed expectations over the Australian central bank's ...

Macq offers world hedge through Equinox

Macquarie Portfolio Management has launched a fund that offers mums and dads access to the top hedge fund managers in Asia and other emerging markets. Called Equinox Select Opportunities Trust, the fund will invest in eight different component funds ...