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| | | ... potential to derail the recovery." Locally, the finance, energy and resource sectors were the worst performers. Among the banks, NAB was down 70 cents at $25.17, Commonwealth Bank had fallen $1.10 to $51.85, ANZ had lost 66 cents at $20.76 and Westpac ... |
| | | | ... there be a double dip? Apparently not. Stammer said that a double dip is unlikely given the health of local and offshore banks. All roads lead to China Craig James, chief economist at CommSec, predicts the local economy will post just over three per ... |
| | | | ... $40.94 after base metals prices fell overnight. A weak lead from the US financial sector was the main constraint for local banks. NAB was 14 cents lower at $25.76, Commonwealth Bank had dropped 61 cents at $52.80, ANZ was down 25 cents at $21.52, and ... |
| | | | ... hard commodities such as gold provide a safer haven. Explanation two. Because of this distrust for the US currency, central banks are now beginning to stock up on gold as part of their reserves. India, for instance, made the headlines last October when ... |
| | | | ... loan rates have risen by close to a percentage point." The RBA had raised the cash rate by a total of 75 basis points, most banks by 100 basis points. There's your 25 basis point increase right there. Some in the media printed that we have Westpac to ... |
| | | | ... per cent higher on Tuesday and extended gains through the morning, with mining and energy stocks leading the way. Local banks also were firmer at noon. IG Markets institutional dealer Chris Weston said an encouraging set of manufacturing reports in overseas ... |
| | | | ... the sharemarket recorded its biggest one-day percentage fall in two months. Mr Page said on Monday the big miners and the banks had helped drag the bourse higher. At 1202 AEDT shares in BHP Billiton were up 45 cents, 1.14 per cent, at $39.85 while Rio ... |
| | | | ... weaker Australian dollar," said RBS Morgans private client adviser Craig Walker. "There are also declines among the major banks and oil stocks," he said. BHP Billiton was 96 cents lower, by 2.33 per cent, at $39.74, while Rio Tinto dropped $2.63, or ... |
| | | | ... deputy chair and non-executive director at HSBC Bank (China) and chair and non-executive director of HSBC's seven rural banks in mainland China. These appointments replace Kerrie Kelly and Vincent Cheng, who are retiring from their roles. |
| | | | ... They know we can't afford it. Not now." Obama offered more help. He announced tax relief for small businesses, community banks, families and students and the redirection of the US$30 billion already repaid by Wall Street banks to small business and homeowners. ... |
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