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General

Morning market wrap: See-sawing US shares finish weaker

Uncertainty of the underlying economic strength-or otherwise-of the US was illustrated by a weaker close on Wall Street on Friday...

FEA scraps ongoing fees from new woodlot project

Forest Enterprises Australia (FEA) has announced the release of its new woodlot project for 2003, its eleventh managed investment scheme...

Afternoon market wrap: Banks drag index to marginal loss

Losses in three of the four major banks contributed to a 1.90 point loss on the All Ordinaries index...

"Watch out for fixed interest risks": ASIC warns investors

The Australian Securities and Investments Commission (ASIC) has warned investors to watch out for the different levels of risk attached to fixed interest investments...

Value outperforms growth, but no time to switch: Mercer

The profound impact of investment styles on returns over the past three years has again been highlighted...

Credit Suisse launches Asia ex-Japan fund

Credit Suisse Asset Management (Australia) has expanded its Asian equities offering by launching an Asia ex-Japan fund for Australian investors...

Midday market wrap: Promina breaks $2.00, AMP edges lower

Shares in newly-listed Promina traded above the $2.00 mark in the morning session...

AMP Life to appeal Takeovers Panel decision

AMP Life has launched an appeal with the Takeovers Panel after it ruled in favour of Centro Properties in relation to Centro’s bid for the AMP Shopping Centre Trust (ART)...

Lend Lease sells HCI arm for $159 million

The US Lend Lease Corporation has announced that it has entered into an agreement with Municipal Mortgage & Equity, LLC (MuniMae) for the US$102 million (A$159 million) sale...

Crean comes out firing on super, corporate governance

Labor’s Simon Crean has outlined a series of measures to tighten rules on corporate governance and attacked the Government’s superannuation tax policy...