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| | | Australian stocks were firmer at noon as the big banks and miners led the broader market higher in quiet conditions. At 1210 AEST, the benchmark S&P/ASX200 index was up 29.6 points, or 0.69 per cent, at 4,292.9, while the broader All Ordinaries index ... |
| | | | ... dominates the market that antipodean Australian borrowers have to pay above the odds to get anyone's attention. If Australian banks can't keep attracting new deposit funds it will hit local mortgage rates too. If this comes into play then last weekend's ... |
| | | | ... unexpected dose of positive news from Europe, where the sovereign debt crisis has been weighing on market sentiment. Two Greek banks, Alpha Bank and Eurobank, announced that they were merging and receiving a sizable Qatari investment, the first bit of ... |
| | | | ... market is pushing both their government and banking sector to look for increasingly creative ways to attack the problem. Like banks partially cutting their losses by offering principal reductions and more flexible re-payment options, though this is more ... |
| | | | ... investors were nervous and unsure which way the market would turn ahead Dr Bernanke's speech at a meeting of the world's central banks on Friday (US time). There's speculation he will offer hints as to how the Fed may act to stimulate the ailing US economy. ... |
| | | | ... phrases to track behaviour and maybe even prevent customers leaving." "Super funds are beginning to understand something the banks realised a some time ago, that is convergence technology," said Alan Greenstein, executive director, IQ. When speaking ... |
| | | | ... nothing meaningful will be delivered," Mr Speizer said from Auckland. Dr Bernanke will address a symposium of global central banks in Jackson Hole, Wyoming, on Friday night, Australian time. During the local session on Friday, Reserve Bank of Australia ... |
| | | | ... digesting the results over the past few days and picking the opportunities that surprise on the upside," he said. The major banks were higher, with National Australian Bank the strongest performer, up 1.7 per cent, or 38 cents, at $22.92. ANZ was up ... |
| | | | ... easing (QE), will be needed to help the struggling American economy. Mr Bernanke will address a symposium of global central banks in Jackson Hole, Wyoming, on Friday night, Australian time. Bank of New Zealand currency strategist Mike Burrowes said these ... |
| | | | ... sensitive and volatile which, although we're having an up day is a big turn off for private investors," he said. The major banks were higher, with NAB the strongest performer, up 28 cents, or 1.2 per cent, to $23.19. ANZ was up eight cents at $19.90 ... |
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