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| | | ... yields is a also blip in the United States where the Federal Reserve continues to prepare markets for the first official interest rate increase in a decade. He said Europe had improved relative to the most pessimistic assessments of some analysts earlier ... |
| | | | ... points, to 5,556.70. Seoul ended 0.26 per cent higher, adding 5.29 points to 2,056.61, after the central bank cut its key interest rate in a bid to boost the economy, which has been hit by an outbreak of the deadly MERS virus. Shanghai reversed morning ... |
| | | | ... that could follow such a move that would force a default on all the remaining Greek debt, beyond what is due in Friday's interest payment to creditors. Keeping Greece in the euro is optimal regardless of whether Greece defaults or comes to a new bailout ... |
| | | | Australian Unity has announced it has completed its capital raising for a new retirement village development fund. The first development of the new fund will be a $65 million nine-level retirement complex in Melbourne. The building will comprise 91 ... |
| | | | A Westpac financial adviser has left the group to start his own private wealth firm, licensed under Securitor. David Simon has set up Integral Private Wealth, which will provide wealth management services under BT Financial Group-owned Securitor. Simon ... |
| | | | ... dollar against the Japanese currency, fuelled by two US reports that gave the Federal Reserve more ammunition to raise interest rates. With US markets ending largely unchanged, the region had few catalysts to fuel trade, while Greece's ongoing bailout ... |
| | | | The Australian share market was flat at noon, giving investors some hope of a breather after six consecutive days of losses. Traders might have come to a consensus that prices had fallen far enough and would wait for further developments before committing ... |
| | | | ... his ailment recurred. Here are the highlights from the source - the NAB Business Survey: "The recent Federal Budget and interest rate cut appears to have had a positive impact on business confidence - which moved up significantly in May - from +3 to ... |
| | | | ... director of Marblehead Asset Management. He said that surging US Treasury yields, reflecting the expectation of higher interest rates, had traders on edge. "If these rates keep going up, I think you're going to get some real concerns about stocks." Dow ... |
| | | | ... GFC, the situation is not as predictable anymore. Most recently, the Reserve Bank of Australia's (RBA) decision to cut interest rates to 2% has complicated things further. "The situation is not easy. People who transited [to retirement] at the time of ... |
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