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| | | ... self-reinforcing downward spiral of economic weakness would be difficult to arrest." And we were so sure. Surer still after the Peoples Bank of China (PBOC) just did it. The PBOC reduced borrowing costs - the first since 2008 - taking the benchmark lending ... |
| | | | ... Tuesday, the June share price index futures contract was up 20 points at 4,017. In economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its official interest rate decision. Also, the Australian Bureau of Statistics ... |
| | | | ... dipped below 4,000 points during Monday's trade. Overnight, US stocks jumped more than 2.3 per cent after the European Central Bank said it would keep open its unlimited liquidity loans for euro zone banks at least through 2012. European stocks moved ... |
| | | | MLC Advice Solutions has appointed Marc Cassidy as its new state manager for Victoria, commencing July 2. Cassidy will assume responsibility for the delivery of the advice offering and practice management services to advisers in Victoria and Tasmania. ... |
| | | | ... we thought. For it's so easy to hide under the G7 cloak. Not when it's your personal credibility is at stake. Two central bank authorities did just that last night. While keeping interest rates on hold at 1.0%, ECB president Mario Draghi reminded all ... |
| | | | ... Tuesday, the June share price index futures contract was up 20 points at 4,017. In economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its official interest rate decision. Also, the Australian Bureau of Statistics ... |
| | | | ... asking for help for its beleaguered banks and Cyprus flagging its banks may need EU aid when finance ministers and central bank chiefs from the Group of Seven developed nations held an emergency conference call. The finance ministers promised to respond ... |
| | | | ... funds under advice as at 31 March 2012. Prior to joining Outlook Financial Solutions, Fraietta held positions at Commonwealth Bank of Australia and Colonial First State for a number of years in corporate superannuation and wealth management. Most recently ... |
| | | | ... through the banks, private banks in India are very strong" he said. "India has an inefficient government. A very good central bank, but the government can't pass laws. "The unfortunate thing is that there is a government that is inefficient, you have ... |
| | | | ... waited to see how the crisis within the eurozone and the slowing of China's economy plays out". But for the AFR, "the Reserve Bank of Australia has taken out insurance against risks posed by Europe and weaker growth in China" with yesterday's rate reduction. ... |
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