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| | | ... mortgage servicers in some cases rushed through paperwork for multiple mortgage foreclosures without reading it - has led major banks such as JPMorgan and Wells Fargo to halt mortgage foreclosures in a number of states. Over the weekend, Bank of America ... |
| | | | ... Australian stocks were higher at noon, with strength coming from the resources sector, offset by weakness among the big banks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 8.8 points, or 0.19 per cent, at 4,695.6 points, while the broader All ... |
| | | | ... Australian dollar is now heading towards parity with the big dollar. China is one of the major reasons why despite the central banks of the larger economies of the US, Japan and Europe are still far from contemplating raising interest rates, the Reserve ... |
| | | | ... Ferguson said. He said global miner BHP Billiton had bounced despite little movement in commodity prices overnight. The major banks had opened stronger but concerns over the health of some banks in Ireland may weigh upon the sector during the day. In ... |
| | | | US investment banks are taking further steps towards meeting the requirements of recently passed FinReg legislation, and the indirect result could be new investment opportunities for Australian super funds. Shortly after the New York Times revealed ... |
| | | | ... without that support," Mr Taylor said. The finance sector was creating the biggest drag on the Australian market after US banks were weaker overnight, he said. But no sector was on positive ground. Mr Taylor said was the local market had had a strong ... |
| | | | ... considered a non-appreciating, non-interest bearing asset. In the late 1990s, gold lost its glitter as European central banks unloaded their gold reserve holdings unto the market. The price of the yellow metal dropped from a cycle high of US$410.55 per ... |
| | | | ... financial sector was leading the market upwards, while gold stocks and health care were flat. "At the moment, I think the banks are leading the market, materials are also coming back a little," she said. "The US market had a strong result due to the ... |
| | | | ... Anderson, said it had been a good morning's trade on thin volumes. "The United States talked about quantitative easing and the banks are performing well," Mr Anderson said. "The insurance sector, apart from QBE, is really positive too," Mr Anderson said. ... |
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