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| | | Property fund manager Opus Capital has invested more than $300 million in property in the year to June with a view to attract corporate and government tenants that prefer 'green' buildings. During the year, Opus bought around $311 million worth of property ... |
| | | | The Australian sharemarket was lower at noon and had extended its morning losses as banks and resources stocks dragged the local bourse further into the red. At 1215 AEDT, the benchmark S&P/ASX200 index was down 103.2 points, or 2.75 per cent, at 3644.9 ... |
| | | | ... Investment Management Limited intends to provide the same high level of security after 28th November as today by having the banks, whose investments make up the Macquarie CMT, apply to the Government to guarantee the underlying investments." The Macquarie ... |
| | | | ... capital? Equity markets are down. Bond and money market spreads are wide. The money thrown by national governments and central banks are being hoarded. Lending restrictions are tight. Again, what capital? The same problems that afflict the economic factors ... |
| | | | ... plunged almost six per cent to a four year low following heavy falls on Wall Street after the US government refused to buy banks' soured mortgage assets. The benchmark S&P/ASX200 index dived 230 points, or 5.86 per cent, to 3,697.3 - its lowest close ... |
| | | | ... loan losses will increase in the first half of fiscal 2009 because of company failures and the economic slowdown. Other banks also dropped with NAB shedding $1.04, or 5.22 per cent, to $18.89, Westpac losing $1.35, or 7.07 per cent to $17.75, while ANZ ... |
| | | | As banks reclaim market share in the mortgage market following the RMBS market meltdown and the flight to government guaranteed deposit taking institutions, APRA has released figures showing their branch network is as strong as ever. According to the ... |
| | | | ... approved and half of the US$700 billion dispersed -- and central interest rate targets dropped -- credit remains impaired as banks tighten lending standards and continue to hoard cash. And with the US economy in fast forward slowdown, lending will remain ... |
| | | | ... to open lower after US stocks slumped overnight after Treasury Secretary Henry Paulson said the government would not buy banks' soured mortgage assets after all. Resource stocks also are likely to fall after oil and gold prices declined overnight. At ... |
| | | | ... cents to $39.23, Oil Search declining 16 cents, or 3.21 per cent, to $4.83 and Santos slipping 12 cents to $13.51. Among the banks, NAB sank ten cents to $20.05, Commonwealth Bank was down 33 cents to $35.28 and Westpac dipped ten cents to $19.20. ANZ ... |
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