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Showing 10911 - 10920 of 17967 results for "Bank"

What Wen wants, Wen gets, when Wen wants

BENJAMIN ONG  |  TUESDAY, 13 MAR 2012
... 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.

Market Wrap

AAP  |  MONDAY, 12 MAR 2012
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 appoints head of strategy group

MELANIE TIMBRELL  |  MONDAY, 12 MAR 2012
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 ...

BetaShares launches High Interest cash ETF

CLAIRE MCGREAL  |  MONDAY, 12 MAR 2012
... 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 ...

Good bacteria

BENJAMIN ONG  |  MONDAY, 12 MAR 2012
... counteract the bad bacteria - the banks - that recently started a fad of setting interest rates independent of the central bank.

Market Wrap - Midday

AAP  |  FRIDAY, 9 MAR 2012
... 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 ...

New St George and Westpac New Zealand CEOs appointed

CLAIRE MCGREAL  |  FRIDAY, 9 MAR 2012
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 ...

Greece still matters

BENJAMIN ONG  |  FRIDAY, 9 MAR 2012
... 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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 MAR 2012
... 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 ...

Market Wrap - Midday

AAP  |  THURSDAY, 8 MAR 2012
... 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 ...