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Showing 13741 - 13750 of 17976 results for "Bank"

Market Wrap - Midday

AAP  |  THURSDAY, 29 JAN 2009
... contract was up 17 points at 3,485 on a volume of 11,561 contracts. The big banks were stronger at 1203 AEDT. Commonwealth Bank of Australia was up 46 cents, or 1.75 per cent, at $26.77, National Australia Bank had added 60 cents, or 3.33 per cent, to ...

Market Wrap - Morning

AAP  |  THURSDAY, 29 JAN 2009
The Australian sharemarket is likely to open higher following a strong from Wall Street. At 0648 AEDT on the Sydney Futures Exchange, the March SPI futures index was 73 points higher at 3,541. In economic news on Tuesday, Optus will release its SMB ...

Good Bank Bad Bank

BENJAMIN ONG  |  THURSDAY, 29 JAN 2009
Bad bank sparks optimism in US equities. Last night's decision by the US Federal Reserve's Federal Open Markets Committee to leave interest rates unchanged at virtually zero was a no-brainer. How can it do otherwise when the deepening financial and ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 JAN 2009
... lows," CommSec market analyst Juliette Saly said. "We're seeing good gains in financial stocks today with the Commonwealth Bank leading the way, although on very thin trading." At 1206 AEDT, Commonwealth Bank was up $1.60, or 6.47 per cent, at $26.34. ...

Bigger fish to fry

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2009
... turned spending conscious would have also helped bring the general level of prices lower. Bigger fish to fry. The Reserve Bank of Australia (RBA) meets next week for its first monetary policy meeting of 2009. Chances are whatever today's ABS numbers ...

CAAM and Soc Gen merger good for Australia

RUTH LIEW  |  TUESDAY, 27 JAN 2009
Credit Agricole Asset Management's clients in Australia are expected to reap the rewards of enhanced investment expertise following the merger of Credit Agricole with French banking giant, Societe Generale. Credit Agricole released a statement yesterday ...

Jobs safe in Australia: ING

RUTH LIEW  |  TUESDAY, 27 JAN 2009
... services firms across the globe. Last year, US banking giant Citibank slashed up to 50,000 jobs worldwide. Locally, Macquarie Bank, ANZ and Westpac and St.George have also been shedding staff to weather tough market conditions.

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... and go for quantitative easing. The Fed indicated as much in its December FOMC meeting statement. As well, the US Central Bank put forward the idea of credit targeting. That is, it will facilitate the extension of credit to households - personal loans ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 JAN 2009
... production reports. On Friday, the Australian share market closed down by just over four cent to a near five-year low as bank and resource stocks were weighed down by continuing concern about the health of the global economy. The benchmark S&P/ASX200 ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 JAN 2009
... cents, or 1.8 per cent, to $38.10. MORE rlm/pe Mr Potter said the domestic financial sector had been spooked by talks of bank nationalisation in the United Kingdom. "It's doing nothing for confidence," he said. At 1205 AEDT, National Australia Bank had ...