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General

Tower looking to make interest payments on capital bonds, despite losses

Tower Group announced today in its 2003 financial report that despite a $154.4 million loss for the half-year to...

Southcorp's S&P credit rating lowered to BB+/B

Ratings Service Standard & Poor’s has lowered wine industry giant Southcorp’s credit rating from BBB/A-3 to BB+/B it has announced...

Government approves Productivity Commission's super reviews

The Federal Government has approved several recommendations made by the Productivity Commission’s review of the Superannuation Industry (Supervision) Act 1993...

Morning market wrap: US stocks end mixed week

US stocks end mixed week...

Extradited Bell director faces 15 charges in Perth court: ASIC

Ex Bell Resources Ltd director Antony Gordon Oates today appeared in the Perth Court of Petty Sessions to answer 15 charges laid by the Australian Securities and Investments Commission (ASIC)...

Principal appoints new director for institutional sales

Principal Global Investors has appointed Alex Francois its new director of institutional sales, it has announced. Mr Francois will focus on the sale of Principal’s product range...

Afternoon market wrap: Market trims gains in late trade

Australian shares lose ground in late trade...

Macquarie Bank launches pioneer international investment scheme

Macquarie Bank announced that it would be offering Australian investors the opportunity to invest in international shares...

Growth funds record highest returns (5.8%) since December 2001: InTech survey

In its latest performance survey of growth funds InTech has said that the median growth fund has returned 5.8 per cent...

ACCI rejects ACTU's redundancy pay plans

The Australian Chamber of Commerce and Industry (ACCI) will this week show the Australian Industrial Relations Commission (ASIC) how the Australian Council of Trade Unions (ACTU)...