AXA Asia Pacific
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Challenger buys Axa portfolio
Challenger Financial Services has bought AXA Asia Pacific's $1.3 billion annuities portfolio and sold its financial planning business to AXA for $150 million.
Aussie stocks lower after resources fall
The Australian share market closed lower after losses from the resources sector amid sharply weaker commodity prices overnight and a poor lead from Wall Street.
Market expected to open lower on Monday
The Australian share market is expected to open lower on Monday after a sharp drop on United States markets.
Stocks to watch
Stocks of interest on the Australian Stock Exchange today.
Babcock & Brown shares dive on fee flow fears
Babcock & Brown, the worst- performing stock on the MSCI Asia-Pacific Index, fell on concerns that credit market turmoil may cut proceeds from asset sales to reduce debt.
Fairfax moves to unwind margin loan
THE Fairfax Media director John B. Fairfax has unwound a margin loan over 159 million of the publisher's shares, which was believed to have prompted short-sellers to target the stock over recent weeks.
AXA Asia Pacific gets new regional boss
AXA Asia Pacific Holdings Ltd has appointed Michael Bishop, who headed Prudential Corporation Asia, to lead its Asian operations.
Westpac's issue of convertible shares...
Westpac's $600 million convertible preference share issue is the third from a major financial group in a month-and-a-half but it won't be the last.
ASX high at noon as Wall St soars
The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
Similar news about ANZ Bank
Orica to demerge consumer products
Orica Ltd plans to demerge its consumer products business into a separate company and raise up to $900 million through an entitlement offer.
Babcock plunges further
Babcock & Brown, Australia's second-largest investment bank, plunged further, falling almost a third in early trading.
Red Wings reward Babcock for winning...
AP - Mike Babcock's new contract allows the oldest of his three children to graduate from the same high school she's attending. And if all goes well with the Detroit Red Wings...
Banks lead way as shares climb
The Australian sharemarket closed higher yesterday as Westpac's proposed takeover of St George enlivened the banking and financial services sector.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes...
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
AXA Asia funds shrink by $10b
Axa Asia Pacific Holdings, a unit of Europe's second-biggest insurer, said funds under management fell 10% in the first quarter amid the decline in global financial markets.