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| | | ... has led to a surge in the demand for agricultural commodities and alternative energy in the form of biofuels," said Paul Banks, executive director, structured products at GSJBW. According to Matt Stovold, GSJBW executive director, the funds will give ... |
| | | | ... are now at a four year and almost all time high after this morning's US rate rise, putting even more pressure on central banks around the world to follow suit irrespective of local fundamentals. The US rate drop to just 3 per cent lifts the gap Australia ... |
| | | | ... Yesterday, Australian shares fell 1.71 per cent, slipping for a second day on niggling doubts about credit quality at the top banks. The S&P/ASX200 index fell 97.8 points, or 1.71 per cent, to 5618.7, and the All Ordinaries dropped 89.2 points, or 1.55 ... |
| | | | ... expectations of another Federal Reserve interest rate cut to shore up the economy fueled a further recovery in shares of banks, insurers and home builders. Fed policy-setters are due to decide on interest rates on Wednesday, a week after they slashed ... |
| | | | ... cent, to 5,886.3. NEW YORK - US stocks rallied on Monday as investors snapped up shares of manufacturers and downtrodden banks after more weak housing data bolstered expectations the Federal Reserve will slash rates later this week. At the unofficial ... |
| | | | ... essence we conduct foreign exchange for our clients and transfer the funds onwards. It's an added service area much like what banks offer their clients - just in a cheaper and more efficient method," said Scott Collins, general manager of Australia for ... |
| | | | One of Europe's biggest banks, France's Societe Generale (SG), is left fighting for its reputation following $8.2 billion in losses from fraudulent dealings, a crisis which won't help its wealth management arm already under pressure in the current markets. ... |
| | | | ... companies. The sharp rise in GCC fortunes is expected to reignite Middle East's sovereign wealth funds stakes in Wall Street banks. But rather than injecting foreign capital now, there's growing concern that Gulf money will stay in the region until ailing ... |
| | | | ... cent lower after Societe Generale said it lost $7.16 billion from alleged, sparking concerns about the health of the global banks. The Hang Seng Index lost 550.90 points to finish at 23,539.27 WELLINGTON - NZ stocks rebounded 1.2 percent following gains ... |
| | | | ... are trying to work out whether we're going for a short shallow recession or a long deep recession." At 1219 AEDT, the big banks were all firmer. ANZ Bank was 68 cents higher to $25.90, Commonwealth Bank was $1.12 firmer at $50.99, National Australia ... |
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