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General

Morning market wrap: Dow Jones steadies after Wednesday falls

The Dow Jones rose slightly overnight on some positive earnings results, especially in the tech sector, but the global picture was mixed as the FTSE-100 fell by 58.10 points...

Afternoon market wrap: Index retreats in afternoon session

The All Ordinaries index retreated slightly during the afternoon session in sympathy with weaker regional sentiment...

Government Superannuation Office puts $20 million into Investa

The Investa Property Group has secured a $20 million investment from the Government Superannuation Office (GSO), the administrator of the QSuper funds, Investa has announced...

Midday market wrap: All Ordinaries marginally firmer

The All Ordinaries index was up by 4.50 points at lunchtime in line with the US market...

ACCC to block Qantas-Air New Zealand deal

The Australian Competition and Consumer Commission (ACCC) has issued a draft decision denying Qantas’ proposed acquisition of 22.5 per cent of Air New Zealand, describing it as “very anti-competitive and not in the public interest”...

APRA hits back at hedge fund policy criticism

The Australian Prudential and Regulation Authority (APRA) has hit back at criticism over its March warning to superannuation funds about the possible perils of hedge funds...

Morningstar and ninemsn launch web-based fund tools

Morningstar and ninemsn announced today the launch of three managed funds tools to be featured on the ninemsn.com.au/investor website...

ANZ predicts 4% Australian economic growth in 2004

ANZ today predicted that the Australian economy will grow by 3 per cent for 2003 and by 4% for 2004, slightly higher than the forecasted  average for world economic growth of 2.9% in 2003, and 3.9% for 2004...

Challenger and CPH tie the knot, Cuffe in as CEO

Challenger and CPH have taken the next step on the road to eventual union by signing an implementation agreement that will create a $1.1 billion financial services group...

Morning market wrap: US shares fall as war nears conclusion

Shares in the US fell overnight as any boost from the toppling of Saddam Hussein’s regime in Iraq was replaced by caution ahead of the start of the US quarterly reporting season...