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General

Market wrap

AAP  |  TUESDAY, 4 MAY 2004
The Australian benchmark index is expected to open stronger following modest gains in the US overnight.

Market Wrap

AAP  |  MONDAY, 3 MAY 2004
In Sydney today, the Australian benchmark index is expected to open weaker in line with offshore markets on Friday night.

ASIC issues stop orders against six debenture prospectuses

AAP  |  FRIDAY, 30 APR 2004
The Australian Securities and Investments Commission (ASIC) has issued six stop orders on debenture prospectuses since the beginning of the year and yesterday gave guidelines to protect investors.

Australian dollar opens lower on Chinese Premier's comments

AAP  |  THURSDAY, 29 APR 2004
The Australian dollar opened almost one US cent lower from yesterday's close as comments from a Chinese official and broad United States dollar strength weighed on the local currency.

Market Wrap

AAP  |  THURSDAY, 29 APR 2004
US stocks sank on Wednesday as concerns about rising interest rates and heightened tensions in Iraq, along with worries about China's efforts to cool its red-hot economy, overshadowed investors'recent enthusiasm about strong corporate profits.

Market Wrap

AAP  |  WEDNESDAY, 28 APR 2004
The Australian share market is likely to find itself treading water again at the open, after another lacklustre lead from Wall Street overnight.

Market Wrap

AAP  |  TUESDAY, 27 APR 2004
Australian stocks look set to soften after falls in Wall Street overnight.

Market Wrap

AAP  |  MONDAY, 26 APR 2004
In New York on Friday night, the Dow Jones industrial average gained 11.64 points, or 0.11 per cent, to 10,472.84.

Promina expects strong 2004 despite slowing premium growth

Trans-Tasman insurer Promina Group Ltd expects another strong result in 2004 despite slowing premium growth across the insurance industry.

Australian dollar hits new low for the year overnight

AAP  |  FRIDAY, 23 APR 2004
The Australian dollar dipped to its lowest level for the year overnight and could fall further over the next few months if the US dollar continues to strengthen on the prospect of a US interest rate hike.