The civil claim in the Denpasar District Court includes a claim for compensation of $US53 million ($58.29 million) for specific loss which CVBB claims to have suffered from the alleged invalid termination, and $US100 million ($109.99 million) for "unspecified" damages arising from the

The business and membership base of secure registration service provider Card Alert and sister company EKKO Guardian have been acquired by credit risk information provider Veda Advantage . Sydney-based Veda said its subsidiary Secure Sentinel acquired both businesses for an

AFP British insurer Prudential on Monday said it had agreed to purchase AIA, the Asian arm of US insurance giant AIG, in a cash and shares deal worth STG35.5 billion ($A60.02 billion). "Prudential plc has reached agreement with American International Group Inc (AIG) on terms for the

AAP Rare earths explorer Arafura Resources Ltd and a Chinese firm have ceased talks regarding a vanadium project north east of Alice Springs in the Northern Territory. Arafura signed a letter of intent (LOI) with Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co Ltd in

BANKWEST'S expansion program is paying dividends for Commonwealth Bank despite CBA's decision not to open any more branches outside the subsidiary's base in Western Australia. Lending growth of 11 per cent over the six months to December 31, driven primarily by new mortgages, has been the

AAP GPG (No.4) Pty Ltd intends to make a new offer for agribusiness Tandou Ltd, after its proportional offer expired on Monday. GPG (No.4) Pty Ltd is a wholly-owned subsidiary of Guiness Peat Group. GPG said its new offer would be 33 cents cash per share for all fully-paid ordinary

AAP A Sydney barrister will get $2.89 million in stocks and dividends from Macquarie Group and Bendigo and Adelaide Bank after they sold his stock without giving him time to meet a margin call. Ross Goodridge took the banks to the Federal Court after going to work one day and coming

The impact of the rise or fall of the U.S. dollar on investments is multifaceted. Most notably, investors need to understand the effect that exchange rates can have on financial statements, how this relates to where goods are sold and produced, and the impact of raw

Even if the contract is ultimately valid, the uncertainty arising from issues between his company and the Chinese company that allegedly agreed to buy $60 billion of coal may be enough to torpedo a listing. Professor Palmer (as he prefers to be titled) heralded plans to float his vast iron ore