Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2211 - 2220 of 5948 results for "Banks"

Market Wrap AM

AAP  |  TUESDAY, 10 MAR 2015
... $US1.0849, compared with $US1.0842 late in New York on Friday. The Frankfurt-based ECB announced it and the national central banks of the euro area have started buying 60 billion euros ($A84 billion) worth of bonds per month in the long-awaited purchase ...

Market wrap

AAP  |  MONDAY, 9 MAR 2015
... as it struck a deal to supply natural gas to Alcoa of Australia, the country's biggest alumina producer. Among the major banks, Commonwealth Bank descended 47 cents to $90.62, National Australia Bank weakened 25 cents to $37.72, ANZ surrendered 19 cents ...

Market Wrap PM

AAP  |  FRIDAY, 6 MAR 2015
... is repositioning itself into high-yield stocks in expectation of an upcoming rate cut from the Reserve Bank, with the big banks enjoying a rise. "Expectations are that rates will still ease - the yield return is there," he said. "People still believe ...

NAB to face Senate grilling over advice scandal

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
... planning and the inappropriate selling of financial products by financial advisers. "We have been in contact with a range of banks, but today is about NAB and about what went on, what's going on and what they are prepared to say about the most recent ...

My QE, your problem

BENJAMIN ONG  |  FRIDAY, 6 MAR 2015
... 160 bps lower from the beginning of 2014. But in this world of competitive currency devaluations - "At least 21 central banks have eased monetary policy this year", the Sydney Morning Herald (SMH) reports (to which, permit me to add, some have already ...

Market wrap PM

AAP  |  THURSDAY, 5 MAR 2015
... Petroleum jumped 10 cents to $35.20, Santos gained two cents to $7.95 and Oil Search was 12.5 cents higher at $8.20. The major banks all opened in negative territory before National Australia Bank made some ground. NAB gained three cents at $38.12, but ...

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
... one-year deposit rate by 25 basis points each to 5.35% and 2.5%, respectively. The move followed the PBOC's 50 bps reduction in banks' reserve requirement ratio (RRR) early last month and November 2014's easing when the PBOC cut the one-year benchmark ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
... Oil and gas producer Woodside Petroleum was up 25 cents at $35.35, while Santos gained nine cents to $8.03. Amid the major banks, Commonwealth Bank was down 36 cents at $91.56, National Australia Bank was 15 cents lower at $38.14, ANZ lost seven cents ...

Market Wrap PM

AAP  |  TUESDAY, 3 MAR 2015
... a new record low of 2.00 per cent in an announcement on Tuesday afternoon. Rate cut expectations have boosted the major banks. "I suspect there is a little bit of buy the rumour going on - the rumour of the rate cut," OptionsXpress market analyst Ben ...

I cut, you cut, I cut

BENJAMIN ONG  |  TUESDAY, 3 MAR 2015
... prettied by an ugly Australian dollar. But here's the rub, Australia's neighbours know that drill too. Not a few central banks have and/are engaging in Newton's third law of motion - "for every action there's an equal and opposite reaction" - some more ...