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Showing 6911 - 6920 of 10309 results for "STI"

Nikko cancels $2bn IPO

ELISE BURGESS  |  MONDAY, 5 DEC 2011
Tyndall Asset Management's owner, Nikko Asset Management, has cancelled a $2 billion share offering due to global market volatility. Announced after a board meeting, Nikko has cancelled a previously resolved secondary offering of shares and suspended ...

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
No doubt financial markets are still basking in the afterglow of last week's equity rally - which for many had been the best in more than three years. The S&P 500 index ended the week up 7.4% with the All Ords not that far behind as it posted a 7.1% ...

Big four banks downgraded

ELISE BURGESS, CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
Australia's big four banks have been downgraded by ratings agency Standard & Poor's. The decision to lower Westpac, Commonwealth, ANZ and NAB issuer credit ratings from AA to AA- is part of the agency's recent shakeup of ratings criteria, which was ...

A liquid Christmas

BENJAMIN ONG  |  THURSDAY, 1 DEC 2011
Central banks of the world unite! The going must be getting tough because the tough (central banks) got going. Six of the world's biggest central banks -US Federal Reserve, European Central Bank, Bank of Japan, Bank of England, Bank of Canada, Swiss ...

Snowball re-brands for future

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
Merged independent financial advisory groups Snowball and Shadforth are now known as SFG Australia. The name change was approved by shareholders at the group's annual general meeting in Sydney yesterday, after being given the green light by the regulator. ...

Ventura reduces wholesale funds cost

CLAIRE MCGREAL  |  WEDNESDAY, 30 NOV 2011
Ventura Investment Management has reduced the price for its wholesale funds by up to 25%, following the reappointment of Russell Investments as the funds' investment manager. The move follows feedback from advisers who maintained clients had become ...

Super industry responds to MYEFO

ELISE BURGESS  |  WEDNESDAY, 30 NOV 2011
Super industry heads have responded to yesterday's MYEFO announcement from the Government with concerns raised about the reliance of super products on the equity markets. As reported yesterday by Financial Standard, Treasurer Wayne Swan released the ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
"It's beginning to look a lot like Christmas, everywhere you go." Oh yes Virginia, happy days have come back. Wall Street's up, Europe's up, Asia and Australia are up and up. Scan through the headlines and you get the impression that though all remains ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
The Australian market looks set to open lower, following mixed movements on Wall Street but a higher close on European markets despite Italy being forced to pay record rates at a bond auction and intense pressure on eurozone finance ministers to avert ...

The Rock and MyState merger approved

ELISE BURGESS  |  TUESDAY, 29 NOV 2011
The Rock Building Society potential merger with MyState Limited is one step closer after Rock shareholders vote heavily in favour of the move. If it goes ahead, it will create one of Australia's leading listed community-focused financial services groups ...