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| | | ... Tinto was $1.56 up at $56.61. The four major banks also opened higher. ANZ was up 14 cents to $24.28, National Australia Bank was 15 cents higher at $25.43, Westpac gained 30 cents to $24.10 and Commonwealth Bank was put on 39 cents to $55.41. No major ... |
| | | | ... Power said, after the enactment of the Federal Reserve's latest round of quantative easing, QE3. The United States' central bank will purchase $US40 billion a month in mortgage-backed bonds to drag down long-term interest rates, and boost employment ... |
| | | | Global demand for Sukuk is forecast to triple from US$300 billion to US$900 billion by 2017, according to recently released estimates from Ernst & Young. Conventional institutions are increasingly demanding Shari'a compliant securities alongside Islamic ... |
| | | | Two down. European Central Bank bond purchases -- Outright Monetary Transactions (OMTs) - open-ended at that: Check. German Constitutional Court's verdict on the European Stability Mechanism (ESM) bailout fund: Check. Ja! Jawohl! "'The review has concluded ... |
| | | | ... fresh measures, or quantitative easing, to stimulate the sluggish US economy. In local economic news on Thursday, the Reserve Bank of Australia is due to release its bulletin for the September 2012 quarter. In equities news, Bupa Health Australia managing ... |
| | | | ... increased over the June quarter by measly 1.4%, with other dwellings up 0.6%, according to the latest data from the Bendigo Bank/REIA Real Estate Market Facts report prepared by the Real Estate Institute of Australia. The report shows patchy growth across ... |
| | | | Australian investors may have traded equity risk for interest rate risk, by switching into cash, said Doug Turek, managing director, Professional Wealth. "When people jump from growth to defensive, they place their savings in the hands of central banks," ... |
| | | | Money Solutions has been chosen as ING DIRECT's partner to deliver phone-based advice service in relation to its Living Super product that was launched last week. ING DIRECT's new product, Living Super, is the first balanced option available to all ... |
| | | | ... the Chinese economy have turned towards the "no hard landing", "stimulus is working" side again. This, after the People's Bank of China (PBOC) reported that new lending jumped to 703.9 billion yuan (US$111 billion) in August - more than the 600 billion ... |
| | | | The senior executive team at Bendigo and Adelaide Bank has taken a pay cut, with bonuses withheld in light of this year's profit drop. The bank's annual report released yesterday revealed that no short term incentives had been paid to its executives ... |
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