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General

ANZ in talks with Thai Military Bank

ANZ today announced that it had been approached by Thai Military Bank (TMB) in relation to TMB's recnt capital raising program. Although discussions are at an early stage...

Citibank agrees to improve advertising disclosures: ASIC

The Australian Securities and Investments Commission (ASIC) has accepted an enforceable undertaking from Citibank in relation to allegations that the bank had conducted misleading advertising...

Qantas to cut 1,000 jobs by June 30

Qantas Airways today announced that it would reduce its staff by 1,000 employees between now and June 30 as it reacts to lower passenger numbers due to the war in Iraq...

Perpetual gains $100 million worth of funds in March

Perpetual Investments has reversed recent losses in its funds under management (FUM), increasing assets by $100 million since February 28 to a total of $16.5 billion on March 31...

Morning market wrap: Spectre of peace hangs over market

With the war in Iraq apparently moving rapidly to its conclusion US shares were running out of steam, as investors were no longer able to point to positive screen headlines as a reason for stronger sentiment...

Hedge funds underperform broader indices in March: Hennessee

Hedge funds returned 0.62 per cent in March, lower than the broader equity market return of 1% on the S&P 500 index and 1.28% on the Dow Jones Industrial Average, according to the Hennessee Hedge Fund Index...

Morningstar gives three stars to AMP's Australian small caps fund

Morningstar has announced a three star rating for AMP Henderson Global Investors’ Australian small caps fund...

ASX urges greater property trust sector disclosure

The Australian Stock Exchange (ASX) has today asked all members of the ASX listed property trust sector to...

Midday market wrap: All Ordinaries marks time

The All Ordinaries index was virtually unchanged at lunchtime despite the increasing likelihood that the war in Iraq will not last much longer...

BT/Westpac moves to reassure clients after NZ compliance breach

BT/Westpac has moved to reassure clients after the New Zealand Securities Commission said it will be looking into a “broad range of matters” relating to the late filing of BT Funds Management documents...