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General

S&P says Coles result has no impact on ratings

WITH AAP  |  FRIDAY, 19 SEP 2003
Coles Myer Ltd's annual result was above expectations but would have no impact on the retailer's ratings or outlook...

Afternoon market wrap: All Ords dragged down by CBA news

Tokyo share prices fell 0.86 per cent today in what dealers said was a technical correction to the market's recent sharp rise...

ATO fraud jailed four years

A former Australian Tax Office (ATO) employee has been jailed for four years over a complex scheme that defrauded the Commonwealth of more than a million dollars...

UFM widens wholesale portfolio with two new funds

United Funds Management Ltd (UFM), part of the SMF group, has established two new wholesale funds...

Focus on China-US bilateral trade in upcoming Dubai summit: ICAP

G7 finance ministers are to get together this weekend in Dubai to compare notes, whilst the outlook for economic growth appears to be better...

Tasmanian adviser faces 110 ASIC charges

A former financial adviser from Sandy Bay, Tasmania, appeared today in the Hobart Magistrates Court on a total of 110 charges brought by the Australian Securities and Investments Commission...

Moody's affirms CBA ratings following announcement

WITH AAP  |  FRIDAY, 19 SEP 2003
International ratings agency Moody's affirmed the ratings of the Commonwealth Bank of Australia Ltd (CBA) following news that it plans to restructure its business...

IWIF unitholders to be asked to vote for trust closure

International Wine Investment Fund (IWIF) unitholders will again be asked to vote for the wind-up of the trust at a meeting next month...

Midday market wrap: Japanese stocks rise to fresh highs

AAP  |  FRIDAY, 19 SEP 2003
Japan's Nikkei average rose in Friday trade to a fresh 15-month high after positive economic data bolstered views that the U.S. economic recovery is gaining speed...

Midday market wrap: All Ordinaries gain slightly

The All Ordinaries only rose 4.4 points or 0.14per cent in trading to 3225.9, following softer closings last night at Wall Street and London...