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| | | ... to close at 2,459.46. LONDON - Britain's blue-chip index ended lower during a choppy session as funding concerns pulled banks down, while US crude oil prices at near-record levels helped support heavyweight oil shares. The FTSE 100 index closed down ... |
| | | | ... points to 4907.06 TOKYO - Japan's Nikkei average fell as lower oil prices hurt Mitsubishi and other trading houses, while banks slid on looming concerns about global credit markets. The Nikkei fell 94.45 points to 14,341.12. HONG KONG - Hong Kong shares ... |
| | | | A solid company selection framework forms part of the backbone of Northward Capital's Australian Equities Fund, an offering that is now officially open to the retail sector. Speaking at a breakfast briefing yesterday, Charles Brooks, investment specialist ... |
| | | | ... refinancing of $2.7 billion debt has lifted confidence in the financial sector, boosting the market in early trade. "The banks have made a recovery today," he said. "I think a lot of that may have been associated with Babcock & Brown Power who may have ... |
| | | | The Australian share market is expected to open lower after fears that US banks could be forced to raise more capital hit Wall St. On the Sydney Futures exchange, the June share price index was down 25 points at 5,583. Today, the Australian Bureau of ... |
| | | | ... territory at noon, weighed down by the financial sector after Standard & Poor's cut credit ratings for three US investment banks overnight, sending Wall Street lower. At 1202 AEST, the benchmark S&P/ASX200 index was down 38.3 points, or 0.68 per cent ... |
| | | | ... Australian share market is expected to open lower after US stocks were buffeted by debt rating downgrades for three investment banks. On the Sydney Futures exchange, the June share price index was down 65 points at 5,630. Today, the Reserve Bank of Australia ... |
| | | | The Australian share market was slightly lower at noon as weakness among the major banks outweighed strength among oil and resources stocks flowing from higher prices for oil and most base metals. Austock senior client adviser Michael Heffernan said ... |
| | | | ... 100 per cent principal protection on maturity date. According to Ord Minnett, the fund provides exposure to the Dow Jones Banks Titans 30 Index, which comprises some of the world's biggest financial services firms. The new fund will provide principal ... |
| | | | ... have an independent chair. In good news for the financial services sector, BDO Kendalls noted that Australia's four major banks, National Australia Bank, ANZ, Westpac and Commonwealth Bank, all have outstanding corporate governance structures in place ... |
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