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| | | ... cent, at 9,608.32 points. The Topix index closed up 37.74 points, or 4.54 per cent at 868.13 points. Also on Monday, the Bank of Japan pumped nearly $US25 billion more into the market as it continued an aggressive emergency fund operation following the ... |
| | | | ... largest offeror of superannuation services behind NAB/MLC, Westpac/BT Financial Group, NSW Government, AMP and Commonwealth Bank/Colonial First State. "The superannuation industry in Australia is largely a product of government policy and to influence ... |
| | | | ... manager, who has been heading up wealth management in the interim. Galagher's former roles include economist in the Reserve Bank of Australia's economics and research department and roles at IOOF, Commonwealth Funds Management and Tyndall Investments. ... |
| | | | ... formerly served as director and head of transactions at Hastings Fund Management, and as director of infrastructure at Deutsche Bank AG. AustralianSuper and Westscheme recently announced they would merge to create a $40 billion super fund with 1.7 million ... |
| | | | The Australian dollar was higher at noon, as Japan's central bank pumped more cash into the currency market. At 1200 AEDT, the Australian dollar was trading at 100.42 US cents, up from Monday's local close of 100.20 US cents. Since 0700 AEDT on Tuesday ... |
| | | | Platform funds under administration (FUA) by end December 2010 reached $397 billion, just below its pre-GFC $400 billion 2007 peak, meaning that as terrible as the GFC fallout was, it only set back Australia's wealth creation plans by two years. The ... |
| | | | ... even a full three months into the New Year. Japan is just starting to calibrate the cost of the 11 March disaster. The World Bank estimates that it would take the country five years to rebuild at a staggering cost of US$235 billion. And that's only for ... |
| | | | ... requirement ratio hike by Beijing, which could make it more difficult for them to seek financing from Chinese banks. The People's Bank of China said on Friday it would raise the amount of money banks must hold in reserve, the third hike this year, as ... |
| | | | ... one cent at $1.135 as it said the "era" of low prices for rare earths had passed. Among the major banks, National Australia Bank was nine cents lower at $24.39, Westpac eased nine cents to $22.54, ANZ gained four cents at $22.74, and Commonwealth Bank ... |
| | | | ... to draw retail investors to its new Australian fixed income capability, which will also be available to instos. The French bank will launch its Australian fixed income offering this quarter or next, adding to its exposure to the Australian equities sector. ... |
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