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Showing 5241 - 5250 of 5948 results for "Banks"

Sub-prime currency fall-out

SUZY MAC IS ON LEAVE  |  FRIDAY, 21 SEP 2007
With central banks lowering official interest rates in response to sub-prime induced credit crunches rather than due to fundamental parameters, we could be in for some unpredictable currency movements. This week the US Federal Reserve slashed their ...

Market Wrap - Midday

AAP  |  THURSDAY, 20 SEP 2007
... Petroleum in the energy sector and BHP Billiton in the materials sector is driving the gains today," Ms Saly said. "The banks are also stronger followed on that rate cut: we saw financials do well in the US, although there was a little bit of weakness ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 SEP 2007
... and financial sector which had been suffering of late. Meanwhile, Treasurer Peter Costello said there was no reason for banks in Australia to lift mortgage interest rates in light of the situation in the US. "It is true that for those institutions that ...

Credit crunch shows banks still lead the system

SUZY MAC IS ON LEAVE  |  WEDNESDAY, 19 SEP 2007
While central banks having to provide lines of credit to lenders as a result of the credit crunch is dragging the banking sector into the crisis, it shows how institutional investors are still as a group too weak to not require banks to lead them, said ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 SEP 2007
... Sydney today at the investment market launch. The Australian sharemarket closed lower on Tuesday, dragged back by the major banks as investors fretted over the debt market. The benchmark S&P/ASX200 index fell 78.9 points to 6192.5 and the All Ordinaries ...

Market Wrap - Midday

AAP  |  TUESDAY, 18 SEP 2007
... at 6202 on a volume of 74,264 contracts. Austock Brokers senior client adviser and strategist Michael Heffernan said the banks are being tarred by the North Rock incident in the United Kingdom. "It is a bit of a red letter day today. I can't really see ...

Market Wrap - Midday

AAP  |  MONDAY, 17 SEP 2007
... figures, and it's likely that we'll also see a 25 basis point cut - it could be up to half a per cent." In addition to the banks easing this morning, Sebastian said a weakness in commodity prices on the London Metal Exchange and a lower oil price was ...

Market Wrap - Morning

AAP  |  MONDAY, 17 SEP 2007
... LONDON - UK stocks fell after mortgage lender Northern Rock became a casualty of the global credit squeeze, weighing on banks and property-related stocks. The FTSE 100 dropped 74.60 points to 6,289.3 points. FRANKFURT - The DAX index fell 38.23 points ...

Mobile banking the next frontier

... commissioned by mobile content services provider Sybase 365 was that more than a quarter of those surveyed would consider changing banks if they are offered free mobile banking services. The survey also found that three out of four would like to do their ...

Market Wrap - Morning

AAP  |  FRIDAY, 14 SEP 2007
... the three month PM kerb close on the London Metal Exchange. NEW YORK - US stocks rose after a broker upgraded investment banks, McDonald's Corp boosted its dividend by 50 per cent, and biggest lender Countrywide Financial Corp said it had obtained $12 ...