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General

NAB on track for cash EPS forecast

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd (NAB) chief executive Frank Cicutto said today that the bank is on track to deliver its earnings per share forecast for the current financial year...

Mercer Trusts announces new CIO

Russell Clarke has been appointed the new Chief Investment Officer of Mercer Trusts, Mercer Investment Consulting has announced.

Morning market wrap: Global trading thin as US markets remain closed

AAP  |  TUESDAY, 2 SEP 2003
US markets were closed Monday for the Labor Day holiday, with trade in other major centres subdued amid low turnover.

Afternoon market wrap: All Ordinaries up slightly

The All Ordinaries closed trading this afternoon 11.8 points higher or about a third of one per cent, similar to the gains made in the Hang Seng index. Japan’s Nikkei index...

NAB chief leaves open on-market AMP share buying option

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd chief executive Frank Cicutto today left open the option of buying more shares in takeover target AMP Ltd on-market...

ABS releases population statistics for Australia

The Australian Bureau of Statistics (ABS) said today that Australia’s estimated resident population at June 2002 of 19.7 million people is projected to grow...

Lowly two stars for Advance's Goldman Sachs-managed international equities

Morningstar has awarded an uninspiring two stars for Advance Asset’s Goldman Sachs Asset Management (GSAM) of Advance’s international equities management...

ACCC to target property investment marketing exercises

WITH AAP  |  TUESDAY, 2 SEP 2003
Australia's consumer watchdog has threatened court action against people who conduct property investment seminars and other real estate marketing exercises...

Macquarie Funds appoints David Craig to head its international division

Macquarie Funds Management today announced that David Craig, currently the division director, would take on the position of head of the group’s international division...

Midday market wrap: Japanese stocks rise up towards 14-month highs

AAP  |  TUESDAY, 2 SEP 2003
Japanese stocks erased opening losses to end the morning session near 14-month highs on Tuesday after UFJ Holdings and other banks extended recent gains...