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General

NZ watchdog allows Tower capital-raising to proceed

WITH AAP  |  MONDAY, 7 JUL 2003
Tower’s proposed capital-raising package underwritten by Guinness Peat Group (GPG) has been given the nod of approval by a New Zealand stock exchange (NZX) watchdog...

Morning market wrap: Investors await re-opening of US markets

US markets were closed for the Independence Day long weekend, while other major share markets traded quietly...

Global bonds sell-off from their unsustainable levels: ICAP

In its weekly economic insight released today, ICAP reported that a major correction in global bond markets has begun...

Afternoon market wrap: Shares drift lower in late trade

AAP  |  MONDAY, 7 JUL 2003
The Australian market drifted lower in afternoon trade...

Macquarie prices new bond issue

Macquarie Securitisation has announced the successful pricing of a new domestic bond issue.

Rodney Adler back in court

HIH director Rodney Adler appeared in court today to face a committal hearing...

Barclays boosts Adviser Services team

Barclays Global Investors Australia has strengthened its Adviser Services team by appointing Leah Waldie to the role of National Account Manager...

S&P rates Members Equity RMBS transaction

Standard & Poor's Ratings Services has given preliminary ratings to Members Equity Pty Ltd's latest residential mortgage-backed securities (RMBS) transaction...

Tower chairman says proxies will allow cap change motion

AAP  |  FRIDAY, 4 JUL 2003
Tower chairman Olaf O'Duill told a shareholders meeting in Wellington today that he believed he had enough proxies to remove the 10 per cent shareholding cap...

Morning market wrap: US stocks sag on mixed economic data

US stocks ended lower, as new data provided mixed signals about the strength of the recovery...