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Showing 771 - 780 of 1369 results for "Corporations"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
... industries declined by US$50.5 billion in the June quarter driven by a US$56.1 billion drop in profits of non-financial corporations, partly offset by a US$5.6 billion rise in profits of financial companies. Receipts from the rest of the world increased ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
... increased by 1.8% in the year to August of 2016 (equal to the previous month's growth rate) and loans to non-financial corporations grew by 1.9% (same as July's rate), while credit growth to governments slowed to 10.9% from 12.2%. Thailand trade balance ...

Life insurance reforms to be re-introduced

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... (LIF) will be formally re-introduced in early October when Federal Parliament next meets. An exposure draft of the Corporations Amendment (Life Insurance Remuneration Arrangements) Regulation 2016 bill was released in April of this year, but lapsed due ...

Instos seeking smart carbon plays

DARREN SNYDER  |  FRIDAY, 23 SEP 2016
... global specialists strategy targets companies that solve environmental problems and address efficiency issues in large corporations that drive the wider economy. "There are lots of drivers about why this should be a good idea: more people, using more ...

Food-related sector appetising for investors

JAMIE WILLIAMSON  |  THURSDAY, 22 SEP 2016
... in Abundant Produce. "The commercial seed industry is dominated by a small number of transnational pharmaceutical corporations who have acquired or merged with competing firms. Since the commercialization of transgenic crops in the mid-1990s the sale ...

Advisory firm has licence cancelled

MARK SMITH  |  MONDAY, 19 SEP 2016
... financial resources to provide the services covered by its licence and to conduct the business in compliance with the Corporations Act 2001. "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity ...

ASIC hands down permanent and four year bans

KERRIE SYDEE  |  FRIDAY, 16 SEP 2016
... and Velvet Assets carried on a financial services business without holding an AFSL and so contravened s911A of the Corporations Act Woodcock was involved in this contravention by the companies Woodcock personally persuaded clients to invest by failing ...

Morgan Stanley pays $123,750 penalty

KERRIE SYDEE  |  WEDNESDAY, 7 SEP 2016
... The MDP said it had "reasonable grounds" to believe that Morgan Stanley had contravened subsection 798H(1) of the Corporations Act by breaking a number of account reconciliation rules in Part 2.3 of the ASIC Market Integrity Rules 2011 relating to client ...

CommSec hit with $700,000 fines

ALEX BURKE  |  FRIDAY, 2 SEP 2016
... Panel, which the regulator said "had reasonable grounds to believe CommSec contravened subsection 798H(1) of the Corporations Act." The subsection covers rules pertaining to transaction disclosures "in relation to crossings and trading as principal." ...

Ostrava wound up, directors banned

KERRIE SYDEE  |  FRIDAY, 2 SEP 2016
... employed by ASIC, from providing financial services for 20 and 10 years respectively and disqualified from managing corporations for 15 years and seven years respectively. The court wound up the companies on just and equitable grounds, in regard to serious ...