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Showing 381 - 390 of 521 results for "Banking Sector"

Market Wrap - Midday

AAP  |  FRIDAY, 28 MAR 2008
... stocks fell overnight on worries about a cutback in business spending and fears of another major casualty in the banking sector. At 1200 AEDT, the benchmark S&P/ASX200 index was down 81.8 points, or 1.52 per cent, at 5289.8, while the broader All Ordinaries ...

Let the sub-prime post-mortem begin

ALEX DUNNIN  |  TUESDAY, 25 MAR 2008
... calls are because after all the carnage caused by lending-without-restrictions it is again left to the traditional banking sector and central banks to clean up the system and restore order. But if central banks are the ultimate pillar of such unaccountable ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 MAR 2008
... FTSE 100 index of Britain's leading shares ended down 1.07 per cent as fresh concerns over the health of the UK banking sector weighed on financial stocks and miners also fell. The blue-chip index was 60.2 points lower at 5,545.6 having touched a high ...

Market Wrap - Midday

AAP  |  FRIDAY, 29 FEB 2008
... overnight. Analysts said continuing "ordinary news" on the US economy was weighing heavily on the local bourse with the banking sector again sliding lower. At 1215 AEDT, the benchmark S&P/ASX200 index was down 122.5 points to 5,528.7 while the broader ...

Bad weather dampens Suncorp profits

MICHAEL HOBBS  |  FRIDAY, 29 FEB 2008
... prospect of immediate contraction in credit spread. In the event credit spreads widen further it is likely the banking sector will move to adjust its lending rates appropriately reflect the increased cost of funds," he said. "This gives us confidence ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 FEB 2008
... on a volume of 11,862 contracts. Austock Securities senior client advisor Michael Heffernan said losses in the banking sector were weighing heavily on the local market. "It is a bit of a disappointing performance given the fair outcome on Wall Street ...

Market wrap - midday

AAP  |  TUESDAY, 26 FEB 2008
... there is always anticipation that could play a part but overall it does look pretty positive at the moment." The banking sector was stronger, with ANZ adding 24 cents to $22.84 by 1201 AEDT, the National Australia Bank putting on 78 cents to $29.90 ...

Market Wrap - Midday

AAP  |  MONDAY, 25 FEB 2008
... AMRO Morgans, Trent Muller, said the stock market had been buoyed by the late rally in the US. "In particular, the banking sector was firmer over the deal to bale out bond insurer Ambac Financial in the US," Mr Muller said. At 1205 AEDT, the major four ...

Market wrap - midday

AAP  |  FRIDAY, 22 FEB 2008
... Austock Securities, Michael Heffernan, said there were plenty of cheap buying opportunities, particularly in the banking sector, as "blood-letting" continued. "Well, it is all cheaper today than yesterday," Mr Heffernan said. "The blood-letting continues ...

Market Wrap - Morning

AAP  |  THURSDAY, 21 FEB 2008
... tier data released today. On Wednesday, Australian shares fell more than two per cent, amid heavy losses from the banking sector and reports that US-based KKR Financial had delayed debt repayments. The benchmark S&P/ASX200 index was 122.6 points or 2.18 ...