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| | | ... might be standing on 10 per cent unemployment rate at this time. But they didn't and they won't. Governments and central banks of the world - including Australia -- have cranked up their printing presses, which at the very least changed the economic ... |
| | | | ... while found in pockets of the country such as Western Australia, would not be a national issue but called upon the central banks worldwide to help prevent asset price bubbles. "Central banks around the world have to focus on asset price bubbles and they ... |
| | | | ... 1.44 per cent lower along with other Asia markets as Japan revised downward its third-quarter growth figures while Chinese banks lost on capital raising fears. The benchmark Hang Seng Index dropped 318.76 points to 21,741.76. WELLINGTON - The New Zealand ... |
| | | | ... private sector to sovereigns. It is slowly looking like the GFC all over again, except today it's whole countries instead of banks and financial institutions falling one after the other - under the weight of debt. It was Greece's turn last night. Fitch ... |
| | | | ... rates would remain low as the economy proceeds on slow recovery. Stocks fell back in mid-afternoon trading, however, led by banks and brokerages. Around close, the Dow Jones industrial average was up 1.21 points, or 0.01 per cent, at 10,390.11. It had ... |
| | | | ... or three per cent, to $35.70 and investment bank Macquarie Group gained 56 cents, or 1.2 per cent, to $49.03. The major banks gained, other than National Australia Bank, which fell two cents to $28.08. Westpac rose 19 cents, or 0.8 per cent, to $24.23 ... |
| | | | ... were prepared to provide very high spreads so we invested in local residential mortgage backed securities, the big four banks and high quality global banks," he said. "We found we could get very attractive returns on credit, which encouraged us even ... |
| | | | ... financial crisis," Matthew Peter said. "Normally these funds would flow into the money supply, but they have been hoarded by US banks with limited credit being extended to households, businesses and investors. "As confidence returns and banks expand ... |
| | | | ... years. NSW has the most unclaimed money with more than $250 million outstanding. This money has been provided to ASIC by banks, life insurance companies, credit unions and companies who have been the subject of a takeover in 2007. |
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