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General

Westpac announces $1.05 billion half-year profit

Westpac Banking Corporation has declared an after tax operating profit of $1.05 billion for the half-year ended March 2003...

van Eyk downgrades two AMP funds

van Eyk Research has announced a downgrade to two AMP funds in the wake of the company’s proposed demerger...

Unemployment drops 0.1% to 6.1% in April 2003: ABS

The national unemployment figure dropped from 6.2 per cent in March 2003 to 6.1% in April 2003, according to the employment statistics released by the Australian Bureau of Statistics (ABS)...

ING Industrial fund to construct $100 million business park in NSW

ING Management has agreed to buy a 25.8 hectare site at Moorebank, New South Wales for $37.2 million from the Department of Defence, it has announced.

AMP Henderson to buy hair care company for $66 million

Henderson Private Capital, the private equity operation of AMP Henderson Global Investors, today announced plans to buy the Sabre hair care products company for $66 million...

Morning market wrap: US shares mark time

US shares ran out of momentum on Wednesday as the Dow Jones lost 27.73 points as investors were prepared to wait on the sidelines...

State Street signs software deal with DST International

DST International has announced that it has signed an agreement with State Street...

Afternoon market wrap: AMP heads towards $5.00

The All Ordinaries index slipped marginally lower in afternoon trade as AMP shares saw morning gains wiped off-with interest...

Court freezes assets of Queensland property group

The Supreme Court of Queensland has frozen certain assets of First Foundation Developments...

AMP set to select ASGARD platform for new wrap products

AMP has announced that it has begun “exclusive” talks with ASGARD to provide its e-wrap platform as a basis for future AMP wrap products...