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| | | April 1st came early this year with the Reserve Bank, the Productivity Commission and the National Trust of NSW making some of their most incredible public statements ever. High interest rates and bank rates jumping above the Reserve's official benchmark ... |
| | | | ... slumped 39.95 points, or 1.70 per cent, to 2,284.41. LONDON - UK stocks gained 1.01 per cent, led by financials, after the Bank of England (BoE) promised extra funds to ease liquidity pressure, while miners also supported the benchmark as metal prices ... |
| | | | ... the past year, providing more downside risk. Arguably, most important is that aggressive monetary tightening by the Reserve Bank means that domestic profits growth is likely to come under significant downward pressure in the coming year," Russell's senior ... |
| | | | ... energy and materials sectors," he said. US stocks dropped on Wednesday as financial shares slid when concerns resurfaced that bank profits will take much longer than expected to recover from the housing slump. The Dow Jones industrial average fell a ... |
| | | | Westpac has appointed former St George Bank executive, Peter Clare to group executive of consumer financial services. Clare's appointment follows the resignation of Mike Pratt in December last year. Clare previously worked at St George for six years ... |
| | | | ... long-term investment portfolio holds between 25-50 stocks and is managed by former joint head of global banking at Deutsche Bank, Hamish Douglass and ex-chairman and former UBS Australasia chief executive, Chris Mackay. Moncrieff said while MFG's investment ... |
| | | | ... after US stocks slid as investors sold off financial shares on fears that funding for leveraged buyouts could dry up and hurt bank profits. Base metals were up in London. At 0702 AEDT on the Sydney Futures Exchange, the June share price index futures ... |
| | | | ... analyst, fixed interest and alternatives. George's previous experience includes roles with Mercer Investment Consulting, Royal Bank of Canada and Integra Capital Financial Corporation. |
| | | | ... 86 cents, or 2.5 per cent, to $35.27 and Rio Tinto was up $2.00, or 1.71 per cent, to $119.00. Mr Heffernan said the major bank stocks mostly were in the red after strong rises yesterday. "Commonwealth Bank has done very well today," he said. "The other ... |
| | | | ... gained on Tuesday as a bounce in commodity prices lifted shares of miners and other resource companies, countering a drag from Bank of America Corp and data that fueled concerns about the economy. In afternoon trade, the Dow Jones industrial average ... |
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