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| | | The Australian share market was expected to open stronger today, despite the absence of leads from offshore trading overnight. At 0702 AEST, the September share price index futures contract was up 18 points at 4,614. In economics news on Tuesday, the ... |
| | | | Share markets rallied today as the Greek parliament passed the first of two austerity packages while violent protests continued against the deeply unpopular reforms. But economists and market commentators have warned that the austerity package and associated ... |
| | | | The threat of Greek turmoil raising Australian bank funding costs has lifted the prospects of a growing Big Four competitor. Ratings Agency Standard and Poor's raised Bendigo and Adelaide Bank's credit rating from stable to positive, with a possibility ... |
| | | | Colonial First State has launched a new deposit product to tap demand for fixed income as more superannuation funds enter the drawdown phase. The new FirstRate Investment Deposits offers a floating interest rate based on the reserve bank cash rate plus ... |
| | | | ... wholesale funding from overseas debt markets, where spreads have been widening thanks to the troubles in Greece. Australian bank spreads are believed to have widened by up to 20 basis points. Vivek Prabhu, portfolio manager and credit analyst for Perpetual ... |
| | | | New Zealand's major banks had their credit ratings cut by Moody's Investors Services on Friday as the rating's agency followed through on an earlier downgrade of their Australian parent institutions. ANZ National Bank, ASB Bank (subsidiary of Australia's ... |
| | | | Australian stocks were trading lower at noon, extending losses from the open with the financial sector under selling pressure due to concerns about European sovereign debt. At 1203 AEST, the benchmark S&P/ASX200 index was down 22.7 points, or 0.49 per ... |
| | | | The financial services industry is being targeted for data theft, one of the world's foremost experts on hack attacks said today. Tal Be'ery, web research team leader from US-based data protection firm Imperva, said the cyber criminals were following ... |
| | | | The Australian market is expected to open lower on Tuesday, following falls on Wall Street in both commodities and equities. On the ASX 24 at 0735 AEST, the June share price index futures contract was 16 points lower at 4,653. In economics news on Tuesday ... |
| | | | The Australian market has received positive leads from offshore trading overnight, with Wall Street and commodities finishing higher, after mixed data in the US was offset by strong earnings reports. On the ASX 24 at 0655 AEST, the June share price ... |
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