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General

Too many defects in prospectuses: ASIC

Many public fundraising documents continue to fall short of minimum standards set down in the Corporations Act, according to a recent review by ASIC...

Morning market wrap: US bonds continue sell-off

US bond yields jumped sharply higher overnight, with the yield on the benchmark 10-year government bond rising 21 basis points to 4.21%...

ASIC releases new licensing guide

The Australian Securities and Investments Commission (ASIC) today released a new licensing guide called - Responsible officers: demonstrating compliance with organisational competency...

MFS closes rights issue and announces distribution forecast

The listed McLaughlins Financial Services Limited (MFS) Leveraged Investment and Securities Trust (LIST) announced today that it had closed its July 2003...

Afternoon market wrap: Local shares extend losses

The Australian share market continued to drift lower in afternoon trade...

Midday market wrap: Australian shares edge higher

Australian shares opened modestly stronger this morning, following gains Friday in major US and European markets...

Producer price index for final commodities rises 1.4% for the year: ABS

The Australian producer prices index for final commodities saw a drop of 0.4 per cent during the June quarter, but rose 1.4% for the year...

Growing US current account deficit burden may fall on Asian currencies: ICAP

In the latest ICAP weekly insight released today, the focus was primarily on the US current account deficit, which at its unsustainably high level would require...

Morning market wrap: US shares end week stronger

AAP  |  MONDAY, 21 JUL 2003
US shares closed the week on a stronger note, buoyed by favourable earnings reports from Microsoft and Ericsson...

Afternoon market wrap: Australian shares drift lower

Australian shares drifted lower in afternoon trade, as a dearth of local factors helped rob the market of earlier momentum...