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Showing 3241 - 3250 of 5948 results for "Banks"

Market Wrap

AAP  |  FRIDAY, 28 SEP 2012
... part to reports the People's Bank of China would pump 365 billion yuan ($A55.9 billion) into money markets, to maintain banks' liquidity. That news spurred gains on the local market on Thursday. Also overnight, the Spanish parliamentary cabinet approved ...

Spanish austerity and Chinese take-away

BENJAMIN ONG  |  FRIDAY, 28 SEP 2012
... into the money markets this week. This is the biggest weekly injection on record and is aimed at helping Chinese commercial banks meet reserve requirements and at the same time ensuring that they can meet expected large cash withdrawals ahead of the ...

Suncorp and Bendigo jump on hybrid demand

LINDA HAUSKEN  |  THURSDAY, 27 SEP 2012
... capital raised from the Convertible Preference Shares, will be used to redeem an issue of Reset Preference Shares Amid big banks and household names flooding the market with hybrids, ASIC is pushing to change the name from 'hybrid security to 'capital ...

Mortgage broker first offender under new law

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
Sydney based mortgage broker, Daniel Nguyen has pleaded guilty to ten charges after he provided false information to banks to secure approvals for $3 million worth of home loans for his clients. The charges laid against Nguyen, 45, are the first to ...

Market Wrap

AAP  |  WEDNESDAY, 26 SEP 2012
... the market back a bit." BHP Billiton opened 42 cents down at $32.33 and Rio Tinto dropped $1.07 to $52.89. The four major banks were also lower. ANZ fell six cents to $24.49, Commonwealth Bank was seven cents lower at $55.24, National Australia Bank ...

Pick your poison

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2012
... What's wrong with this market? With so much liquidity being pumped into the system by three of the world's major central banks - the US Federal Reserve, the European Central Bank and the Bank of Japan - markets appear unconvinced. Wall Street was down ...

Storm preyed on the naive: ASIC

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
... investors and stand accused by the regulator of involvement in an unregistered managed investment scheme. Myers said the banks had a full understanding of what their clients were investing in but they were motivated by profit and now want to wash their ...

Market Wrap

AAP  |  TUESDAY, 25 SEP 2012
... London Bullion Market, down from $US1,784.50. HONG KONG - Asian markets mostly fell as the recent rally fuelled by central banks' stimulus plans petered out, while there were fears over Greece's ability to meet requirements to get more bailout cash. ...

Fidelity launches Aust equity income fund in Japan

LINDA HAUSKEN  |  MONDAY, 24 SEP 2012
... Africa's market yield of 5.82%) over the past 112 years. Some of the highest dividend paying stocks include Telstra and the banks. The Australian market currently offers investors some of the highest dividends yields in the world with close to a 6% franked ...

Market Wrap - morning

AAP  |  MONDAY, 24 SEP 2012
... points. HONG KONG - Asian markets have risen, rebounding from the previous day's losses, as stimulus moves by the central banks of the United States, Europe and Japan outweighed another round of weak economic data. Shares looked set for a positive end ...