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Showing 7031 - 7040 of 7139 results for "June 2023"

Morning market wrap: US stocks jump on improving outlook

US equity markets surged higher Monday, underpinned by upbeat comments on the semiconductor sector and growing confidence in the prospects of stronger economic growth in the second half. Chipmaker Taiwan Semiconductor Manufacturing Co. beat earnings ...

Former HIH executives win reduction in liquidator payout

Former HIH director Rodney Adler and chief executive officer Ray Williams today lost an appeal to have their directorship bans lifted, but won a reduction to the $7,986,402 amount each was ordered to pay to the HIH liquidators. Adler was banned from ...

Job ads rise in June: ANZ

WITH AAP  |  MONDAY, 7 JUL 2003
... particular the interest rate sensitive sectors such as housing and retailing." The number of internet job ads rose by 2.0% in June (seasonally adjusted) following three consecutive monthly declines. This was 5.3% higher than in June last year. The combined ...

Global bonds sell-off from their unsustainable levels: ICAP

In its weekly economic insight released today, ICAP reported that a major correction in global bond markets has begun, and that it remains unlikely that bond yields will reach their June lows again in this cycle. ICAP mentioned that the only rationale ...

Rodney Adler back in court

HIH director Rodney Adler appeared in court today to face a committal hearing on three counts of manipulating the stockmarket and two counts of making false or misleading statements in relation to securities. He faces a maximum five years' jail on each ...

Morning market wrap: US stocks sag on mixed economic data

US stocks ended a shortened session lower, as new data provided mixed signals about the strength of the recovery. The Bureau of Labor Statistics reported payrolls declined by 30,000 in June and the unemployment rate rose to a new 9-year high of 6.4%. ...

Three-year returns from pooled funds the worst since 1975: Mercer

The median balanced fund delivered a second consecutive year of negative returns, Mercer Investment Consulting confirmed today. Mercer also said the average annual median return was -0.6% over the three years to June 2003, the worst three-year stretch ...

Macquarie to collect $66 million performance fee

Macquarie Bank is due a $65.68 million performance fee from Macquarie Infrastructure Group (MIG), the Bank has announced. The fee is payable to MIG's management companies, both of which are wholly owned subsidiaries of Macquarie Bank. Stephen Allen ...

RBA leaves rates unchanged

The Reserve Bank of Australia (RBA) board has decided to leave interest rates unchanged at 4.75 per cent for the 13th consecutive month following its monthly meeting yesterday. The RBA last altered rates with a 25 basis point hike on June 5 2002. Over ...

Morning market wrap: US stocks up in late trade

US stocks erased early losses to finish higher, supported by some positive elements in the ISM's June survey of manufacturing activity. The Dow Jones industrial average gained 55.5 points (0.6%) to close at 9,041.0, while the broader S&P 500 ended 7.8 ...