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| | | ... surfaced in the Eurozone with markets concerned over Italian public debt and Cypriot pension funds withdrawing cash from banks exposed to the Greek sovereign debt crisis. The yield on 10-year Italian BTP bonds has risen to 6.26 per cent, the highest ... |
| | | | ... economists' forecasts of a rise of 2.5 per cent. Financial, healthcare, and materials stocks led the market lower. Among the big banks, National Australia Bank was down 62 cents, or 2.5 per cent, at $23.87, Westpac was down 43 cents, or two per cent ... |
| | | | Self-managed super funds have been stockpiling cash in the three months to June reflecting a cautious attitude to the stockmarket among trustees, a new survey has said. Cash holdings for the 1600 SMSFs administered by self-managed super administration ... |
| | | | ... points and in Paris the CAC 40 dropped 2.27 per cent to 3,588.05 points. Milan lost 3.87 per cent, with some of Italy's banks losing up to nine per cent while Madrid shed 3.24 per cent and other European markets slumped. HONG KONG - Asian stock markets ... |
| | | | ... at the White House. Australia reportedly has $11.2 billion in US treasury holdings including from super fund investment, banks and the Reserve Bank. Rainmaker research shows the average superannuation fund has 5.8% of their total assets in international ... |
| | | | ... campaign by consumer group, CHOICE, reflecting the increasing power of social media as a form of communication. The big four banks, the main target of the campaign, were also among the early adopters of social media as a way of communicating with their ... |
| | | | ... be less pleased than they are at the moment." The reaction of ratings agencies will also be important, he said. Locally, banks were the main beneficiaries of the positive investor sentiment. National Australia Bank was up 75 cents, or 3.1 per cent, at ... |
| | | | ... per fine ounce, up 31 cents from Thursday's local close of $US1,614.69 per ounce. Newcrest Mining lost 51 cents to $39.66. Banks and financials were up, with ANZ gaining 10 cents to $21.09. Commonwealth added 19 cents to $49.63, National Australia Bank ... |
| | | | ... Wholesale Life and General Insurance had premium inflows of $14 million and $10 million for the three months respectively. The banks funds under administration fell 1.3% to $197 billion during the June quarter, triggered by the ASX 200 losing 4.8% of ... |
| | | | ... Australia and New Zealand. Prior to joining Standard & Poor's, Hoven worked as a stockbroking analyst for two global investment banks and with Exxon in business and engineering roles. Hoven's departure follows Lonsec's Grant Kennaway's move to Morningstar. ... |
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