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Showing 701 - 710 of 724 results for "Spark"

AMP says demerger sparks 83% net cash flow rise

AAP  |  FRIDAY, 16 JAN 2004
AMP Ltd's customers have voted with their money in favour of its recent demerger with UK-based HHG Plc, with the local group revealing a leap in cash flows. During the second half of 2003, net cash flows for AMP's financial services business climbed ...

Midday Market wrap: $A weaker at noon, bonds firmer

AAP  |  WEDNESDAY, 17 DEC 2003
The Australian dollar was slightly weaker at noon, as it retreated in local trading after hitting a new six-year high for the second consecutive session overnight. The local unit reached a peak of 74.55 US cents against the greenback early in the overnight ...

Rate hike expected, more to come: economists

AAP  |  WEDNESDAY, 3 DEC 2003
Australia's central bank is expected to increase interest rates again in February, after a strengthening global and domestic economy sparked an 0.25 percentage point hike today, according to economists. They said the Reserve Bank of Australia's (RBA) ...

IMF admits mistakes in controversial handling of Asia crisis

The International Monetary Fund (IMF) admitted today it made mistakes in its controversial handling of the 1997-1998 Asian financial crisis which put affected countries under stringent programs. Charles Adams, assistant director of the IMF Office for ...

Midday market report: Shares surge higher on US data

The Australian stock market opened higher today following a surge by stocks on Wall Street overnight. The benchmark S&P/ASX 200 index was 16.6 points higher at 3273.1 in early trade while the all ordinaries index had leapt 20.0 points to 3273.1. Overnight ...

Dollar consolidates ahead of $US0.70 push

AAP  |  FRIDAY, 10 OCT 2003
The Australian dollar shot closer to six-year highs this week, riding on a strong economy and weak US dollar, and is expected to push towards $US0.7000 in the short term. The local currency broke through the $US0.6850 resistance level this week, reaching ...

Midday Market Report: Resource sector boosted by metal prices; bonds open weaker

The Australian share market moved ahead at noon today as strong metal prices overnight boosted the resources sector. News Corp helped drive the bourse after the tech-laden Nasdaq closed at its highest level in 19 months. AMP was another strong performer ...

Low rainfall sparks hopes of high insurance earnings

AAP  |  THURSDAY, 9 OCT 2003
Relatively low levels of rain in recent months have sparked hopes of three of Australia's top insurers producing even better than expected earnings in the coming year. Analysts at UBS have upgraded their earnings estimates for Promina Group Ltd, Insurance ...

Morning Market Wrap: Dollar hits six year high

The Australian dollar charged above $US0.6900 overnight to hit its highest level in nearly six years as the United States dollar crumbled across the board. The local unit hit $US0.6920 in New York - its highest level since January of 1998. At 0700 the ...

ASIC investigation leads to Tasmanian director ban

The Supreme Court of Queensland has banned Garry Raymond Howes, a former Tasmanian solicitor and director of the failed company Gold Ribbon (Accountants) Pty Ltd (GRA), from managing a corporation for five years. The ban follows an investigation by ...