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General

PIF announces $30 million placement

Prime Infrastructure (PIF) has announced the successful placement of 27.3 million stapled securities valued at $30 million, following a trading halt yesterday...

Midday market wrap: Australian shares up slightly

AAP  |  TUESDAY, 8 JUL 2003
Australian shares surged higher at the open, only to drift lower throughout the morning session

Macquarie broking business forms research alliance

Macquarie Bank Ltd's broking business has formed a research alliance with South Africa's Nedcor Securities and Canadian investment firm Scotia Capital Inc...

Slow to moderate economic growth for the OECD

The latest composite leading indicators released by the Organisation for Economic Cooperation and Development (OECD) predict slow to moderate economic growth...

Government clears the way for radical Telstra sale

WITH AAP  |  TUESDAY, 8 JUL 2003
Prime Minister John Howard said today that if the Federal Government sold its stake in Telstra it could still have a say in the telecommunication giant’s services...

Global share markets recover some earlier losses in the June quarter

A combination of improved investor sentiment and prospects of interest rate cuts during the June quarter has helped global share markets to recover some of their heavy losses...

IMB launches $500 million RMBS issue

IMB Ltd has launched its first $500 million residential mortgaged backed securities (RMBS) issue for the Australian bond market...

US ruling approves US$750 million WorldCom settlement

WITH AAP  |  TUESDAY, 8 JUL 2003
A US federal judge has approved a US$750 million (A$1.1 billion) settlement between WorldCom and market regulators...

Morning market wrap: US stocks jump on improving outlook

US equity markets surged higher Monday...

Court discontinues proceedings brought against APRA

The District Court of New South Wales has discontinued proceedings brought against the Australian Prudential Regulation Authority...