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| | | ... the Australian dollar had suffered overnight, as poor US economic data compounded European fears over sovereign debt and bank liquidity. European bank stocks took a battering on fears over the global economic recovery and renewed concerns about Greece's ... |
| | | | ... close slightly below 4,300 on the ASX 200. Making news on Thursday, AMP Ltd's shares were up 18 cents to $4.33 despite the bank reporting its first half net profit was down 18 per cent to $349 million for the six months to June 30. Foster's Group was ... |
| | | | Despite what continues to be a volatile market, AMP half yearly results reflect good growth in adviser numbers, banking, risk insurance and sales of key wealth management products such as Flexible Super and North. Announced this morning, AMP has posted ... |
| | | | Over the last few years, financial services firms have been grappling to understand the value of social media as a client relationship tool. Many have now committed but, according to recent US research, the majority have fallen for Twitter over rival ... |
| | | | ... think has been done very well in the past in this market." The companies founding partners had worked together previously at bank and asset manager, Investec. The transaction is expected to close in October 2011, pending regulatory approval. This is ... |
| | | | ... banks were higher at noon, making up losses in early trade, with Westpac up 23 cents to $20.48. The nation's second-largest bank on Tuesday posted a two per cent fall in third-quarter cash earnings due to slowing credit growth. National Australia Bank ... |
| | | | ... trading, but has since slipped back to below 105.00 US cents. Mr Waterer said the Aussie dipped slightly after the Reserve Bank of Australia (RBA) released the minutes of its August board meeting, at 1130 AEST on Tuesday. "We saw the dollar lose about ... |
| | | | ... for the Liberal party, Hewson was formerly an economist for the Australian Treasury (Census and Statistics), the Reserve Bank of Australia, the International Monetary Fund and the UN. He also held roles as Shadow Finance Minister, Shadow Treasurer and ... |
| | | | ... ahead sharply on figures that showed the Japanese economy is doing better than expected. Also overnight, the European Central Bank revealed it spent 22 billion euros ($A30.44 billion) last week - more than it has ever done before - to prop up the bond ... |
| | | | ... speculation of a rate hike into three rate reductions before the end of 2011. Yet, at this month's board meeting the Reserve Bank of Australia stressed that, "Overall, growth in real GDP through 2011 is now likely to be at about trend. Over the medium ... |
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