Finance News
On Tuesday 22 November 2011, the Responsible Entity of the DPF mailed investors a Supplemental Disclosure Document regarding the unit redemption opportunity. Please click below to view a copy of the document and accompanying Chairman’s letter. CentroDirectPropertyFundRedemptionOpportunityChangestoConsiderSupp.pdf Centro Adviser Services Aus Toll Free: 1800 103 080 NZ Toll Free: 0800 449 605 Email: [email protected]
Read the rest of the entry »The eurozone crisis has so far had a limited effect on China and the world economy but its negative impact is set to grow as the problem will last, Chinese Commerce Minister Chen Deming said to Business Spectator this week. Mr Chen noted that the eurozone debt problem “currently has a rather small impact on consumer…
Read the rest of the entry »The Reserve Bank of Australia (RBA) has lowered its inflation outlook and warned Australia’s economy could be dragged down by Europe’s sovereign debt crisis. The RBA expects underlying inflation to be around 2.5 per cent in 2012, half a percentage point lower than it forecast three months ago. That is within the RBA’s two to…
Read the rest of the entry »US stocks closed sharply higher in reaction to a deal amongst European leaders to bolster the region’s bailout fund, and also a deal with banks and insurers to accept 50 per cent losses on Greek bonds. With two trading sessions left before the end of October, the Dow is nearing its largest monthly percentage gain…
Read the rest of the entry »The CEO of Australian brewer Foster’s has defended the decision to accept a $12 billion takeover deal which will see the company head into foreign ownership for the first time in its 150-year history. Foster’s, which controls leading beer brands including VB, Crown and Carlton Draught, has accepted an improved takeover deal from Anglo-South African…
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