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| | | ... directive, significantly reduced inflation - down to 3.2% in February from 4.5% in the previous month - provides the People's Bank of China (PBOC) plenty of room to ease policy. What Wen wants, Wen gets, when Wen wants. Wen no want a hard landing. |
| | | | Australian stocks were slightly lower to noon as investors sat on their hands ahead of the release of a raft of US data. At 1200 AEDT, the benchmark S&P/ASX200 index was down 12.4 points, or 0.29 per cent, at 4,199.6 points, while the broader All Ordinaries ... |
| | | | BlackRock has appointed former J.P. Morgan Private bank executive Joseph Pacini head of Alternative Investors Strategy Group, Asia Pacific ex-Japan. Based out of Hong Kong, Pacini will take responsibility for the firm's alternatives business across ... |
| | | | ... Exchange in the coming weeks. The Australian High Interest Cash exchange traded fund (ETF) will hold Australian dollars in bank deposit accounts with at least one of the major banks here. New fixed income ETFs are also expected to be launched on the ... |
| | | | ... counteract the bad bacteria - the banks - that recently started a fad of setting interest rates independent of the central bank. |
| | | | ... Billiton improved 28 cents to $34.58, and rival Rio Tinto added $1.19 to $63.85. Among the major banks, National Australia Bank was four cents higher at $23.42, Westpac climbed six cents to $20.47, ANZ eased four cents to $21.76, and Commonwealth Bank ... |
| | | | Rob Chapman is stepping down as chief executive of the St George Banking Group to be replaced by Westpac New Zealand boss George Frazis, with senior Westpac executive Peter Clare taking over in New Zealand. Chapman has been at the helm of St George ... |
| | | | ... and Portugal and Italy and Spain - time to get their houses in order. This is the same hope expressed by European Central Bank President Mario Draghi last night. While he thinks that the outlook for the single currency area economy "is still subject ... |
| | | | ... would be successful. The euro bounced back above $US1.32 with dealers shrugging off decisions by central banks the ECB and Bank of England to keep interest rates steady as expected. London's benchmark FTSE 100 index jumped 1.18 per cent to 5,859.73 points ... |
| | | | ... said. Newcrest's stock gained 12 cents to $30.72. Major banks and financials were mostly stronger, with National Australia Bank leading the big four banks higher, gaining 36 cents, or 1.56 per cent, to $23.43. Most retailers lost ground, with department ... |
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