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| | | ... Thursday, the December share price index futures contract was down 20 points at 4,4039. In economic news on Thursday Reserve Bank of Australia governor Glenn Stevens is to address the Australian Business Economists annual forecasting conference dinner. ... |
| | | | ... what led their economy to be the No. 2 in the world flush down the drain. In fact, they've already reacted. The People's Bank of China (PBOC) announced that it's lowering reserve requirements for more than 20 rural cooperative banks by 50 basis points ... |
| | | | ANZ Banking Group has purchased the remaining 50% of Linwar Securities in what the bank said was a natural progression for the company. ANZ already held a 50% stake in Linwar through its 2007 acquisition of E-trade, which bought the stake in Linwar ... |
| | | | ... Billiton was down 57 cents at $35.03, and Rio Tinto had slid 80 cents at $63.70. Among the major banks, National Australia Bank had retreated 37 cents to $22.76, Westpac gave away 25 cents to $20.11, ANZ had lost 27 cents at $19.27, and Commonwealth ... |
| | | | ... be deferred by one year due to the introduction of the Minerals Resources Rent Tax (MRRT) with the rate of IWT for foreign bank branches, which borrow from their overseas head office, to fall from 5% to 2.5% in 2014-15, and to 0% in 2015-16. In addition ... |
| | | | ... Minnesota Law school have proposed an alternative rule that would be much more efficient and cause less coolateral damage. "[Bank directors should] personally guarantee the debts of their firms in return for their high salaries and bonuses, or pay them ... |
| | | | ... Wednesday, the December share price index futures contract was down 24 points at 4,128. In economic news on Wednesday, Reserve Bank of Australia assistant governor (Financial Markets) Guy Debelle is to deliver a speech to the APRA Basel III Implementation ... |
| | | | ... Service said that they're not slashing America's credit rating. It was more of the same in the orient too with the World Bank, in its latest semi-annual report, predicting that China is headed for a soft landing and that it and other countries in Asia ... |
| | | | Australian shares fell, led by declines among gold and metals stocks and amid low turnover, after losses overnight on overseas markets. At 1215 AEDT, the benchmark S&P/ASX200 index was down 30.1 points, or 0.72 per cent, at 4,132.9, while the broader ... |
| | | | ... can wriggle out of the supposed ultimatum. On the local market at 1205 AEDT, in the financial sector, National Australia Bank dropped 30 cents to $23.16, ANZ sagged 28 cents to $19.78, Westpac declined four to $20.33, and Commonwealth Bank lost 32 cents ... |
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