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| | | ... annual general meeting. On Thursday, the Australian stock market closed one per cent higher, led by the big miners and major banks as investors set aside troubles from overseas and found value in the local bourse. The benchmark S&P/ASX200 index closed ... |
| | | | The Australian stock market was almost one per cent higher at noon, led by the big miners and major banks as commodities prices firmed following a strong lead from the US. At 1215 AEDT, the benchmark S&P/ASX200 index was up 41.3 points, or 0.89 per ... |
| | | | ... today," said Meltzer. Wingate's mezzanine fund offers funding to property developers that are facing a shortfall due to banks restricted lending post-GFC. "We have grown that business by well over 100 per cent in last 12 months and I expect to double ... |
| | | | ... at HK$18.24 following a cumulative 6.4 per cent decline in the previous four sessions. Chinese shares closed higher, with banks and metal firms leading the gains. The Shanghai Composite Index, which covers both A and B shares, closed up 10.03 points ... |
| | | | ... trillions of dollars in the decades ahead. The industry super fund sector is now stepping into the same arena as the big four banks, which have long had well-resourced policy teams. Government relation roles have always existed in the commercial sector ... |
| | | | ... latest reserve requirement ratio hike by Beijing, which could make it more difficult for them to seek financing from Chinese banks. The People's Bank of China said on Friday it would raise the amount of money banks must hold in reserve, the third hike ... |
| | | | ... Arafura Resources was up one cent at $1.135 as it said the "era" of low prices for rare earths had passed. Among the major banks, National Australia Bank was nine cents lower at $24.39, Westpac eased nine cents to $22.54, ANZ gained four cents at $22.74 ... |
| | | | ... expected disruptions to growth. The Peoples Bank of China even raised the reserve requirement for the country's largest banks by 50 bps to 20 per cent last week. Many expect an interest rate hike to follow as Beijing continues to rein in growth to slow ... |
| | | | ... Group of Seven intervention to prevent the yen from surging further, as well as the Federal Reserve's green light for major banks to pay or increase their dividends after successful stress tests, gave bulls a boost. The Dow Jones Industrial Average rose ... |
| | | | ... Australian equities component fell from 18.5 per cent to 11 per cent of its total assets. It owns large holdings in the big four banks, BHP Billiton and Rio Tinto, QBE Insurance, Suncorp-Metway, Wesfarmers and CSL. In February this year, the Future Fund ... |
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