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| | | ... Trust holds its annual general meetings. In Australia, the market on Friday finished flat after weakness among the big four banks offset strong gains among energy stocks. The benchmark S&P/ASX200 index was up 2.4 points, or 0.04 per cent, at 5,664.7 ... |
| | | | ... Woodside Petroleum had jumped 66 cents to $35.53 and Santos had put on 16.5 cents to $8.075 as the oil price lifted. The banks were mixed, with Commonwealth Bank advancing nine cents to $83.65, ANZ easing three cents to $32.19, Westpac was eight cents ... |
| | | | ... PanAust holds its annual general meeting in Brisbane. Shares rose on Thursday as bargain hunters piled into most of the major banks, and the big miners found support from investors betting on further economic stimulus measures in China. The benchmark ... |
| | | | ... a big rise in annual profit plus the payment of a special dividend and announcement of another share buyback. The major banks were mixed, with Commonwealth Bank up 82 cents at $83.31, ANZ up nine cents at $31.98, Westpac 11 cents higher at $32.37 and ... |
| | | | ... traditionally one of the highest dividend payers in the world, has benefited from a global search for yield, as central banks elsewhere lowered rates and undertook major quantitative easing (QE) programs. "The REITS sector, with its traditionally high ... |
| | | | ... October 2014, ASIC has been scrutinising the conduct of "large advice entities" such as AMP, Macquarie and the big four banks. In April, it said it had detected "multiple instances of licensees charging clients for financial advice, including annual ... |
| | | | ... mortgage-backed securities. "QE2 and QE3 were different policies; they were providing liquidity to the banking system. But until the banks turn that into credit, it doesn't generate economic activity. The only thing you really see when they create all ... |
| | | | ... 2.07%, to $56.26. Fortescue Metals lost 11 cents to $2.11, while BHP offshoot South32 eased four cents to $2.29. The major banks were mixed. National Australia Bank had shed 10 cents to $33.57, ANZ added nine cents to $32.09, Commonwealth Bank lifted ... |
| | | | ... markets and we felt that the time was right for that." Baldwin explained that prior to the global financial crisis, investment banks were "bastions of liquidity." But new minimum capital requirements have limited investment managers' and dealers' access ... |
| | | | ... said. The RBA cut the cash rate by 0.25 percentage points on May 5, taking it to a historic low of two per cent. The major banks lifted after the RBA minutes were released. At 1200 AEST, the Commonwealth Bank was 39 cents higher at $83.39, Westpac was ... |
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