In a statement published today (1 August), the global packaging giant said the time was right to split its Australasia and Packaging Distribution (AAPD) business from Amcor's other operations. Amcor said the demerger of AAPD into a ...
The federal governments proposed changes to the fringe benefits tax might pass through the senate before the election, if Kevin Rudd has his way. Mr Rudd has been in contact with numerous world leaders in regards to the G20 summit and is ...
Tags: Fringe, Transportation
An investor who purchased shares of LED chip and component maker SemiLEDs Corp has filed a lawsuit in the US District Court for the Southern District of New York over alleged violations of Federal Securities Laws by SemiLEDs in connection ...
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals
Australia's Sino Gas & Energy Holdings said Wednesday that it has signed its first sales agreement for gas from the Linxing block in central China that allows pilot production to start in December this year. The agreement is for gas to be ...
Tags: Gas, Energy, Metallurgy, Mineral
The Australian Securities & Investments Commission has agreed to hold off on several possible changes to equity market trading rules, in the wake of concerns expressed by market participants and market manager ASX Limited. Yesterday's ...
Tags: ASIC, Trade Rule Changes
Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
Regulators have decided against imposing restrictions that would have further curbed computer-driven and off-market share trading, claiming recent regulatory changes are already having the desired effect. In a significant win for the ...
Tags: High Frequency Trade, Restriction
The U.S. Securities and Exchange Commission charged the Nasdaq stock exchange with violations of securities law for its "poor systems and decision-making" during Facebook's initial public offering, the agency has announced. Nasdaq has ...
Tags: Nasdaq, SEC Charge, Facebook IPO
Australians are continuing to cut back on owning shares directly and, most particularly, through managed funds, according to an Australian Securities Exchange survey out yesterday. The survey, conducted every two years, reveals that more ...
Retail investors will now be able to buy $10,000 parcels of Australian government bonds on the Australian Securities Exchange, five years after the process began to make it possible. ASX chief executive Elmer Funke Kupper launched the ...
Tags: ASX Bond Market, Business
Fujairah Cement Industries (FCI) has recorded a drop in revenue for the first three months of 2013. Figures released to the Abu Dhabi Securities Exchange show the total revenue up to March 31 was AED130,192,431 as compared to ...
Tags: Fujairah Cement, Cement Industries
BENSALEM, PA--(Marketwired - Gyrotron Technology Inc. (PINKSHEETS: GYTI), developer of innovative industrial technologies, has filed a provisional patent application for a new technology for glass tempering, one of the primary methods of ...
Tags: Glass Tempering Technology, Glass
Australian government bonds will be traded on the Australian Securities Exchange from May 21. The new arrangement will allow investments in Treasury Bonds and Treasury Indexed Bonds in the form of CHESS Depository Interests (CDIs). ...
Tags: ASX Trade, Government Bonds
The Australian Securities Exchange has stepped up pressure on would-be competitor LCH Clearnet in the emerging market for interest-rate derivatives clearing, signing up investment groups and state treasuries to help develop a service for ...