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| | | ... eurozone states. HONG KONG - Asia-Pacific stock markets extended a global rally after the world's most powerful central banks offered to inject US dollars into lenders squeezed by the eurozone debt crisis. The European Central Bank and its US, Japanese ... |
| | | | ... in the market, indicated investor appetite had returned. Financial stocks were up 2.6 per cent, with all the major retail banks trading higher. The National Australian Bank gained the most ground, rising three per cent, or 67 cents, to $23.00. Turnover ... |
| | | | ... consistent monthly income. Meanwhile, the demand for commercial property loans has exceeded demand in recent years with banks and traditional mortgage funds unable to lend, resulting in potentially handsome yields. "Under the secured private debt structure ... |
| | | | ... with the US Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, is extending liquidity to banks in the Eurozone. Instead of the usual seven-day operations, these central banks will now "conduct three US dollar liquidity-providing ... |
| | | | NEW YORK - US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks. In positive territory for the fourth day in a row, the Dow Jones Industrial ... |
| | | | ... risk of their investments through institutions, as post trade management enables real time data on asset exposure. Large banks and other financial institutions have invested far more in post trade risk management since the collapse of Lehman Brothers ... |
| | | | ... strongest performers on the market, up two and 2.2 per cent respectively. Westpac gained the most ground of the major retail banks, rising 2.8 per cent to $19.45. In the energy sector, Origin Energy added 19 cents, or 1.5 per cent, to $13.02 and Santos ... |
| | | | ... closed up 2.7 per cent. European equities began the day in the red after Moody's ratings agency downgraded two top French banks, cutting its rating for Credit Agricole bank from Aa1 to Aa2 and Societe Generale's from Aa2 to Aa3 because of fears over ... |
| | | | ... the sector up 1.2 per cent, and Telstra one per cent higher to $3.03. Financials were 0.14 per cent up. The major retail banks were higher with the exception of Commonwealth Bank, which shed 15 cents to $44.96. Westpac was six cents higher at $19.37 ... |
| | | | ... broad-based gains as it recouped part of Monday's heavy losses, amid speculation China was seeking to buy into ailing European banks. The benchmark S&P/ASX200 index was up 34.02 points, or 0.85 per cent, at 4,072.7 points, while the broader All Ordinaries ... |
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