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| | | ... as bank stocks such as Mitsubishi UFJ Financial Group surged after stress tests eased uncertainty over the health of US lenders. The benchmark Nikkei advanced 47.13 points, or 0.5 per cent, to 9,432.83. HONG KONG - The benchmark Hang Seng Index closed ... |
| | | | ... weighed down by losses on Wall Street where investors were anxious ahead of results from US government "stress tests" on key lenders. After a robust start to the day, several markets in Europe lost ground. The London FTSE 100 index managed just a 0.05 ... |
| | | | ... a set of minimum standards before they can operate. Under the bill, banks, credit unions, finance companies and other lenders will be classified. Credit providers, credit advisers, mortgage brokers and credit brokers will be categorised as credit service ... |
| | | | National consumer credit laws will adopt a higher threshold at which lenders are obliged to formally consider a variation to a loan where a customer cannot pay due to illness, unemployment or other reasonable causes. The government plans to lift the ... |
| | | | ... creates the fantasy that everything is okay," Mr Hancock said. "They're delaying the reality." Three of Australia's major lenders moved into positive territory, with Commonwealth Bank leading the sector, gaining 65 cents, or 1.79 per cent to $36.91. ... |
| | | | ... in recent months, leading to bank's increasing their profitability following the collapse in competition from non-bank lenders. |
| | | | ... poll by CNN and Opinion Research Corp revealed 41 per cent of Americans think the US government should leave distressed lenders to die, 39 per cent wanted them to be temporarily nationalised and only 18 per cent wanted the government to give more money. ... |
| | | | ... highest close in a month, with banks such as Mitsubishi UFJ Financial Group jumping amid easing fears about the health of US lenders. The Nikkei-225 index added 134.87, or 1.78 per cent, to 7,704.15 points. HONG KONG - The benchmark Hang Seng Index added ... |
| | | | ... prices." AMP jumped 22 cents or 5.91 per cent to $3.94, and AXA was up 17 cents or 5.96 per cent to $3.02. Australia's major lenders mostly were higher, with ANZ Banking Group adding 41 cents, or 3.22 per cent to $13.15. Commonwealth Bank firmed 78 cents ... |
| | | | ... sidelines, and anyone who wants to sell has sold." Uncertainty continues to plague financial stocks, he said. Australia's major lenders were mostly stronger, with Commonwealth Bank gaining 93 cents, or 3.49 per cent, to $27.57, ANZ Banking Group adding ... |
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