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| | | ... dented sentiment, leaving investors with no lead to go on against a backdrop of dire warnings about the economic outlook. The banks suffered, with Germany reactivating a banking sector bailout fund after its lenders were told last week they needed to ... |
| | | | ... Seoul lost 1.88 per cent, or 35.70 points, to 1,864.06. Hong Kong ended 0.69 per cent lower, or 128.49 points, at 18,447.17. Banks led the falls, with Bank of China down 1.06 per cent to HK $2.80, Industrial and Commercial Bank of China down 0.85 per ... |
| | | | ... Woodside was down 76 cents, or 2.4 per cent, at $31.61 and Santos had dropped 22 cents, or 1.7 per cent, at $13.00. The banks were also lower, with National Australia Bank down 48 cents, or two per cent, at $23.88, Westpac down 46 cents, or 2.2 per cent ... |
| | | | ... while Rio Tinto rose $1.08, or 1.7 per cent, to $64.82. Financial stocks also added 1.5 per cent. Three of the big four banks hold annual general meetings this week, with Westpac executives set to face shareholders on Wednesday, NAB on Thursday and ANZ ... |
| | | | ... toward solving its crisis. Citigroup Inc. rose 3.7 per cent, Morgan Stanley 3.1 per cent and JPMorgan Chase & Co. 3 per cent. Banks have been weighed down for months by fears about their exposure to Europe. The biggest European banks have been downgraded. ... |
| | | | ... investors feared that the rising cost of raising money overseas would put pressure on bank margins. All of the big four banks have now said they will pass on the Reserve Bank of Australia's full interest rate cut of 25 basis points. "Banks are going ... |
| | | | ... investors through MUTB and its parent company, via third party distributors including securities companies and regional banks. "Our alliance with MUTB will accelerate AMP's growth into the Asian region through our investment management business, will ... |
| | | | ... of the eurozone. Also weighing on markets was an announcement due after the close of trading on how much capital European banks need to meet new requirements aimed at making sure they can withstand future financial shocks. The European Central Bank cut ... |
| | | | ... meeting, where the ECB announced another 25 bps reduction in interest rates to 1.0% as well as new measures to help Europe's banks "only", ECB President Draghi gave European pollies the one-finger salute. To support banks' liquidity, the ECB announced ... |
| | | | ... for the second time this week, warning that it may cut the European Union's credit rating as well as those for regional banks BNP Paribas, Commerzbank and Deutsche Bank. Ms Lee said many investors were "chasing defensive investments like telecoms" ahead ... |
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