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General

Launch of new property fund

Capitalising on the strong performance of property assets in recent years, property fund manager SAITeysMcMahon has announced the launch of a new composite property fund.

AXA lifts H1 profit 114% to $287 million

AXA Asia Pacific Holdings today announced a net profit before non-recurring items of $287 million in the six months to 30 June...

Morning market wrap: US shares broadly steady

AAP  |  TUESDAY, 26 AUG 2003
Major US share market indexes ended narrowly mixed, hampered by thin volumes and a renewed rise in bond yields.

Afternoon market wrap: Shares edge lower

The Australian share market continued to drift lower in the afternoon session, with generally in-line profit results failing to excite investors

Direct property outperforms trusts in past quarter: FSPI

The Australian property sector provided a total return of 2.6% in the three months to July, according to the latest Financial Standard Property Indices (FSPI), released today.

Morningstar likely to downgrade Zurich international equities

Morningstar has announced today that it would reassess its four star rating of Zurich Australia in light of three key staff departures from its international equities investment management...

Federal court approves schemes of arrangement for BankWest

The federal court has approved the schemes of arrangement by which HBOS plc takes over the shares it does not already own in Bank of Western Australia...

Commonwealth Bank rules out acquiring a bank in New Zealand

Commonwealth Bank of Australia’s chief executive David Murray has today said that the bank has ruled out acquiring a bank in New Zealand to be successful there...

Qantas confirms property review

Qantas has today reacted to media speculation by confirming that it is undertaking a full review of its property assets...

Midday market wrap: All Ordinaries dip slightly

The All Ordinaries dipped slightly in the morning’s trading, whilst the Nikkei 225 registered a 0.58 per cent fall in trading...