Tag Archives: news-com-au

ASIC lifts short selling ban

News.com.au – The Australian Securities and Investments Commission has lifted the ban on short selling financial stocks. Short selling was temporarily banned on September 21 last year while the share market was extremely volatile. The ban was lifted for non-financial […]

Hedge fund monitor says short selling ban is ‘rubbish’

News.com.au – An independent monitor of local hedge funds has rubbished claims domestic financial stocks would be targerted if the ban on short selling was lifted. Australian Fund Monitors’ chief executive Chris Gosselin hosed down concerns expressed by the Australian […]

China\’s Sinosteel to proceed with Midwest takeover

AP – Chinese steelmaker Sinosteel Corp. has taken control of 98 percent of Midwest Corp. and will proceed with compulsory acquisition of the Australian miner, Midwest said. In a brief statement Wednesday, Midwest said Sinosteel would recommend de-listing the company […]