Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

AMP SPP price at $4.82 per share

AMP has announced that shareholders who participated in its recent Share Purchase Plan (SPP) would pay $4.82 per share...

Tower announces sale of trustee business

Troubled insurer Tower Limited today announced the sale of Tower Trust New Zealand...

US managers posted mixed performances relative to indexes last quarter: S&P

Standard & Poor's has released a comparison of performance between US market indices and active managers for the second quarter...

Morning market wrap: US Stocks recover ground

US stocks finished moderately higher Friday...

Afternoon market wrap: Shares sustain upward momentum

The All Ordinaries ended the day over 30 points (1.0%) higher, the index eventually finishing at 3,053.4.

HIH liquidators to attempt $1 billion recovery

The liquidators of HIH Insurance are preparing to launch legal action against a range of people linked to the failed insurer in an attempt to recoup more than $1 billion in damages...

AMP and ASGARD step into e-wrap platform shoes

AMP Australian Financial Services and ASGARD have signed a five-year contract to provide ASGARD’s e-wrap platform as a basis for future AMP wrap products...

POF in talks with US Principal Group after superior takeover offer

Principal Office Fund (POF) has admitted it is undertaking advanced talks with US-based Principal Group regarding a possible alternative proposal to Investa Properties Ltd's takeover bid...

ASIC releases promissory note obligation FAQ

The Australian Securities and Investments Commission (ASIC) has released a FAQ to assist issuers of promissory notes in understanding their obligations under the Corporations Act...

Housing finance for new dwellings increases 3.2% in May: ABS

Housing finance for owner occupation increased by 3.2 per cent, with 54,333 new dwellings being financed from April to May 2003, the Australian Bureau of Statistics (ABS) said today...