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

Search Results

Showing 801 - 810 of 896 results for "Failing"

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... housing market was, and continues to be, in the dumps. The banking and financial sectors are in distress. Businesses are failing. Workers are losing their jobs. The economy is contracting and perhaps the global recession would be deeper. There were rumours ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... proposed US$825 billion bail-out package, the number of workers losing their jobs, people losing their homes, businesses failing and other economies receding are multiplying, each feeding on the other into what is looking like a never-ending downward ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 DEC 2008
... profit concerns in the global economic downturn hit exporters such as Honda Motor, with merger news from Nippon Oil Corp failing to provide support. The benchmark Nikkei shed 79.86 points to 7,924.24. HONG KONG - The benchmark Hang Seng Index fell by ...

SMSF trustee fails sole purpose test

RUTH LIEW  |  WEDNESDAY, 12 NOV 2008
SMSF trustee Gerard Karl Little has been charged by ASIC for failing the sole purpose test after he obtained early access to funds and pocketed $685,000 in commissions. Little, of Castlecrag, New South Wales, appeared in the Downing Centre Local Court ...

Daily funnies

BENJAMIN ONG  |  WEDNESDAY, 29 OCT 2008
... household spending continues to soften, house prices are still on a downtrend, equity prices remain weak and global growth is failing. At the start of October, the Financial Standard Intelligence Unit (FSIU) postulated that the Fed would soon follow ...

Market Wrap - Midday

AAP  |  TUESDAY, 16 SEP 2008
... America for $US50 billion ($A61 billion) in stock and Lehman Brothers filed for Chapter 11 bankruptcy protection after failing to find a buyer during a weekend of crisis talks. Commonwealth Bank of Australia says it has exposure to the collapsed New ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... 1,251.70. LONDON - European stocks closed higher on Friday, with investors betting that the US authorities will ensure that failing investment bank Lehman Brothers finds a saviour and ease the pressure on the banking sector. In London, the FTSE 100 index ...

Saving Freddie Mac and Fannie Mae

RUTH LIEW  |  FRIDAY, 5 SEP 2008
... underwriting all the lending in the US housing market. "The concept of these two entities getting into trouble or potentially failing... the repercussions for the financial markets are horrendous," he said. Both agencies were not directly involved in ...

Credit Suisse slapped with $12m fine

RUTH LIEW  |  FRIDAY, 15 AUG 2008
... certain asset-backed securities. According to a statement released by the FSA, Credit Suisse was fined $12 million for "failing to conduct their business with due skill, care and diligence and failing to organise and control their business effectively." ...

SMSF trustee faces criminal charges

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
Castle Hill resident Atan Ona Kassongo has become the first SMSF trustee to be charged by ASIC for failing to maintain the fund in accordance with the sole purpose test. Kassongo, 51, was charged by the Australian Securities and Investments Commission ...