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General

Morning market wrap: Dow closes at 5-week high

US stocks bounced sharply late Friday, spurred by economic data that again surpassed analyst forecasts...

Holcim Finance prices $260 million MTN

Holcim Finance Australia today priced the Australian bond market's largest ever BBB-plus debt issue in its debut offering to the local market...

CBA to conduct US roadshow to evaluate hybrid security interest

WITH AAP  |  MONDAY, 28 JUL 2003
The Commonwealth Bank of Australia (CBA) announced today it would conduct a roadshow in the US this week...

Afternoon market wrap: Shares end higher

The Australian share market continued to make modest gains in afternoon trade, after earlier opening over half a percent higher in the wake of gains Friday in US markets...

CBA cuts 600 retail jobs

WITH AAP  |  MONDAY, 28 JUL 2003
Commonwealth Bank of Australia Ltd (CBA) has cut 600 jobs from its retail division, in a bid to match branch staff numbers with falling demand for branch banking...

Rain leads to improved confidence: NAB Agribusiness survey

WITH AAP  |  MONDAY, 28 JUL 2003
Falling rain in many parts of Australia has improved confidence in the rural business sector despite weak conditions in the June quarter, the National Australia Bank (NAB) quarterly Agribusiness survey has found...

AMP Henderson launches Enhanced Yield Fund

WITH AAP  |  MONDAY, 28 JUL 2003
A new high yield fund to enable the retail investor to capture access to a range of non-traditional investments was launched today by AMP Henderson...

Midday market wrap: Australian shares a little higher

AAP  |  FRIDAY, 25 JUL 2003
The Australian share market defied losses overnight in offshore markets, trading a  touch stronger in the morning session...

CARE Super continues purple patch with 4% returns on balanced option

CARE Super, a not-for profit superannuation fund catering to office-based employees, today announced that has returned a positive result to its members with a four per cent return through its default balanced...

UBS Global Asset Management makes new appointments

UBS Global Asset Management (UBSGAM) has appointed Colin Woods as new head of its Australian operations, following the transfer of John Larum to a new position in London.