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| | | ... this to $16 trillion, but beyond the well publicised reasons for this mammoth amount of debt (the GFC, various wars and the bank bailout), the issues of social security and minimum wage need to be held accountable, said John Abernethy, chief investment ... |
| | | | ... cent, at $72.71. Banks and financials, too, were down. ANZ lost 91 cents, around 4.5 per cent, to $18.90, National Australia Bank fell $1.01 to $21.66, Westpac was down 69 cents at $19.08, while Commonwealth, the least affected of the big banks, lost ... |
| | | | ... debt, he said. Eslake said the wave of selling across Europe was triggered by market disappointment that the European Central Bank did not announce a program specifically to support the Spanish and Italian government debt markets. "Bond yields have been ... |
| | | | ... venture with a company offshore. Her former roles include executive general manager of performance and award at Commonwealth Bank Australia and executive general manager of culture and performance at Suncorp. Regnan represents institutional investors ... |
| | | | ... 1700 (AEST) on Thursday, the local unit traded between 104.55 US cents and 106.89 cents. Overnight, the European Central Bank (ECB) offered extra help to fight the eurozone debt crisis after a warning that countries such as Italy could now be threatened. ... |
| | | | ... Tinto was up 15 cents at $77.75. Most banks and financials were lower. ANZ was down 14 cents at $20.15, National Australia Bank fell 4.5 cents to $23.155, Commonwealth lost 15 cents to $48.40, while Westpac nudged one cent higher to $20.11. At 1200 AEST ... |
| | | | Australian investors, including super funds, misinterpreting gold as a returns generator rather than as a defensive strategy is costing them major opportunities in the sector. Taurus Funds Management is a specialist in the gold sector and their director ... |
| | | | ... take: "Stocks rebounded after the Wall Street Journal reported that three former top officials at the Fed said the central bank should consider a new round of securities purchases to bolster economic growth." And here's the Wall Street Journal's: "In ... |
| | | | ... per cent, to $40.36, while Rio Tinto lost $2.10, over 2.5 per cent, to $77.95. Banks, too, opened lower. National Australia Bank fell 56 cents to $23.41, Westpac lost 45 cents to $19.92, ANZ was down 47 cents at $20.35, while Commonwealth was 82 cents ... |
| | | | ... crisis. Italy reportedly has a 1.9 billion euro public debt coupled with poor economic growth and political tensions. The Bank of Italy said each percentage point rise in Italy's debt yields adds 3 billion euros to interest payments in the first year ... |
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