Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 8051 - 8060 of 9326 results for "Red"

FBI sting catches $2.4bn mortgage fraud

The US Department of Justice and Federal Bureau of Investigation (FBI) swooped down Wall Street after charging more than 400 individuals for mortgage-related fraud and booked two ex-Bear Stearns hedge fund managers with conspiracy and securities fraud. ...

CFS takes infrastructure to the front line

RUTH LIEW  |  FRIDAY, 20 JUN 2008
Colonial First State (CFS) may be best known for favouring highly liquid assets but the group is slowly but steadily turning to infrastructure based on new fund developments. CFS is increasing its involvement in the infrastructure sphere with allocations ...

Asian banks still insulated from sub-prime

ALEX DUNNIN  |  FRIDAY, 20 JUN 2008
While the sub-prime disaster caused chaos in developed world credit markets, the Asian banking system continues to weather the storm amazingly well. Moody's Investors Service said the ratings outlook for many banks is generally stable and for some it's ...

Mortgage arrears hit all-time high

ALEX DUNNIN  |  THURSDAY, 19 JUN 2008
Arrears in Australia for securitised mortgages increased to 1.45 per cent during April, its highest ever recorded level, said Standard & Poor's Ratings Services (S&PRS). Securitised mortgages are those 20 per cent of mortgages where the funding is sourced ...

Oceanic and AIFA launch 13-wk FP course

MICHAEL HOBBS  |  WEDNESDAY, 18 JUN 2008
A joint venture between Sydney based Oceanic Human Resources and the Australian Institute of Financial Services & Accounting (AIFA) is addressing the national financial planner shortage by creating a 13-week fast track planning course. The Professional ...

Housing affordability report fails to deliver

ALEX DUNNIN  |  WEDNESDAY, 18 JUN 2008
Housing affordability is like petrol prices in that it brings out the economic enthusiasts with their so-called miracle solutions. The latest set of big ideas is from the Senate Select Committee on Housing Affordability that this week released its major ...

QIC taps EMs with risk control

RUTH LIEW  |  TUESDAY, 17 JUN 2008
QIC has launched the created QIC Emerging Markets (EM) Equity Fund - a risk-controlled and cost-effective strategy that allows funds to invest in emerging markets. The Queensland-based investment manager acknowledges EMs have traditionally posed governance ...

Economy slowing down and speeding up

ALEX DUNNIN  |  TUESDAY, 17 JUN 2008
The just released minutes of last month's Reserve Bank Board meeting show that while the board believes the economy is slowing, the rising terms of trade is pushing the economy hard in the opposite direction. "Board members noted that the bulk of indicators ...

Pentafin tags Thunderhead for SMAs

RUTH LIEW  |  MONDAY, 16 JUN 2008
Pentafin has secured the Thunderhead NOW platform to support its unit trust and managed accounts (MA) business. Pentafin partnered with Thunderhead following a global hunt for a solution provider to cater to the technology firm's MA and unit trust requirements. ...

Market Wrap - Midday

AAP  |  MONDAY, 16 JUN 2008
The Australian share market was slightly in the red at noon after virtually flatlining in morning trade amid ongoing concern for Babcock & Brown's debt woes. At 1208 AEST, the benchmark S&P/ASX200 index was down 16.8 points, or 0.31 per cent, at 5,361.3 ...