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| | | ... some companies." However, Bolton fears the Chinese government's tightening measures could lead to more bad debts in local banks and a downturn in the property market. "I am also concerned about the large public debt at the local government level. Finally ... |
| | | | ... market strength. "We've had a reasonably strong month, (there is) a bit of profit taking after a strong month," he said. "The banks are under a bit of pressure because of a strong month. "We are seeing, as a grouping, some of the defensive stocks perform ... |
| | | | ... Australian share market snapped a four-day winning streak, finishing marginally weaker despite gains among miners and the banks. The benchmark S&P/ASX200 index closed down 5.8 points, or 0.13 per cent, at 4,524.1 points, while the broader All Ordinaries ... |
| | | | ... that the house burnt down two months ago. No! In fact, the RBA is one of the most pro-active and forward-looking central banks in the world. Its monetary policy decisions are based on a comprehensive assessment of economic and financial market conditions ... |
| | | | ... or 6.81 points, to 9,496.85. HONG KONG - Hong Kong stocks rose 0.64 per cent on Tuesday boosted by Wall Street and with banks' prospects lifting sentiment ahead of the earnings season. The benchmark Hang Seng Index closed up 133.48 points at 20,973.39. ... |
| | | | ... division director Martin Lakos said stocks had largely held onto opening gains. "Most notably we have seen a pick-up in the banks, particularly Commonwealth Bank and Westpac," Mr Lakos said. "That has probably been helped a little bit by the stress tests ... |
| | | | ... - should see house prices rise, or at least stabilise, going forward. This would further improve the financial health of banks and financial institutions still holding securities tied to mortgages tied to housing. All will be well. But did you notice ... |
| | | | ... tests. The DAX was up 27.87 points at 6,194.21 points. PARIS - French stocks rose by 0.81 per cent, also reacting to the banks' stress tests. The CAC 40 index added 29.13 points to 3,636.18 points. TOKYO - Japanese shares ended 0.77 per cent higher on ... |
| | | | SouthwestUSA Bank in Las Vegas, Sterling Bank in Florida and Home Valley Bank in Oregon were among seven banks that were closed last week alone in the US - suggesting the troubles in the US banking system are far from over. According to the Federal ... |
| | | | ... positive they have done well," Ms Saly said. "They have also trumped their rival Woolworths in annual sales," she said. Banks were also stronger and at 1207 AEST with National Australia Bank had lifted 52 cents at $24.89 while Commonwealth Bank rose ... |
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