Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4931 - 4940 of 5948 results for "Banks"

Market Wrap - Midday

AAP  |  THURSDAY, 10 JUL 2008
... fall in the US market overnight. "We've recovered a little bit across the board from this morning," Mr Heffernan said. "The banks were hit pretty bad earlier and resources haven't done too well but I wouldn't read too much into that. "There is some good ...

Market Movers (10 July)

BENJAMIN ONG  |  THURSDAY, 10 JUL 2008
... followed St.George's announcement last 5 July raising its variable mortgage rate by 20 basis points to 9.67 percent. Both banks blamed higher funding costs due to the ongoing global credit crunch. The Labour Force report is critical to markets because ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
... higher Wednesday in a rebound sparked by a sharp fall in oil prices and hopes the US Federal Reserve will continue to support banks hit by the US subprime home loan crisis. Dealers said sharp gains on Wall Street on Tuesday, led by the banks on encouraging ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 JUL 2008
... cent lower, driven down by sharp falls in heavyweight commodity stocks that tracked crude and metal prices lower, while banks continued to struggle. The FTSE 100 closed at 5,440.5 points, down 72.2 or 1.31 per cent. FRANKFURT - The DAX index ended at ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 JUL 2008
... following hefty market swings as investors fretted about the opening of the second quarter earnings season, sensing major banks could unveil further losses. The leading Dow Jones Industrial Average declined 56.58 points, or 0.50 points, to end at 11,231.96. ...

New tech counters terrorist attacks

RUTH LIEW  |  MONDAY, 7 JUL 2008
... prevent funds from being used by terrorists, reduces risk and provides cost-effective compliance for investment managers and banks. Tech company Logica recently launched HotScan Plus - an automated transaction scanning software which delivers a set of ...

Market Wrap - Morning

AAP  |  MONDAY, 7 JUL 2008
... for June are also due. The local market ended well over one per cent stronger on Friday after bargain hunters rejoined the banks and resources sectors. The benchmark S&P/PASX200 index gained 83.8 points, or 1.68 per cent, to 5082.1 while the broader ...

Market Wrap - Midday

AAP  |  FRIDAY, 4 JUL 2008
... better. "Obviously there's some bargain hunters around. "There seems to be a $40.00 floor on BHP at the moment and and the banks look cheap on a forward PE (price to earnings) level." BHP Billiton advanced 74 cents to $40.56 and Rio Tinto firmed $3.72 ...

Market Wrap - Morning

MICHAEL HOBBS  |  FRIDAY, 4 JUL 2008
... ended up almost 1 per cent during an extremely volatile trading session, as data led stocks on a rollercoaster ride with banks rising and oil companies falling. The FTSE 100 closed at 5,476.6 points, up 50.3 or 0.93 per cent. FRANKFURT - The DAX index ...

BNY Mellon taps distressed debt

RUTH LIEW  |  THURSDAY, 3 JUL 2008
Struggling telecommunication companies, bankrupt banks, airports under duress - the sub-prime crisis has increased the number of distressed debt companies, providing more opportunities for the Mellon Recovery Fund. Launched in August 2006, the Mellon ...