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| | | ... been worried about rising levels of souring debt on bank balance sheets. A late-session drop in banks left Wall Street's major benchmarks mixed. The Dow Jones industrial average fell 83 points, while the technology-heavy Nasdaq composite index ended ... |
| | | | ... sustainable, they said. To improve industry efficiency, Tubman and Liao said the government had to be prepared to consider major changes. One way was to do away with all the competing master trusts and wrap accounts and operate a single government-owned ... |
| | | | ... surprise investors next month by getting poor marks in the government's "stress tests," which are designed to determine whether major banks have enough capital to survive if the economy turns even worse. The results are due May 4. The Dow Jones industrial ... |
| | | | ... months so we've been having independent reviews with Andrew Nicholas and Antoinette Platter who are going to take on the major roles there," said Davis. "We've got confidence in both of those individuals in managing the product so there's going to be ... |
| | | | ... Wesfarmers conducts an investor briefing. On Monday, the Australian share market closed slightly lower, with losses by the major miners dragging the main indices into the red after a positive start. The benchmark S&P/ASX200 index was down 7.7 points ... |
| | | | ... has appropriate facilities while maintaining the historical aspects. "AXA's establishment of the [university] here is a major initiative that will add to other manpower development and training efforts for the financial sector in Singapore, as well as ... |
| | | | Whoa boy! Take it easy. How many times have we been admonished by our elders to chew our food slowly right in the middle of chomping down a big chunk of that juicy, tender, savoury steak? Not once, not twice but many, many times. Because it is the me ... |
| | | | Russell Investment Group has cut around 20 per cent of the firm's Melbourne and Sydney staff, but leaves local investment teams mostly intact. According to industry sources, the firm's Melbourne office, where the majority of staff cuts were made, suffered ... |
| | | | Up to 60 per cent of US companies are seeing their employees postpone retirement plans and reduce pension plan participation. Dissaffected employees are also increasing hardship withdrawals, according to a new Towers Perrin survey. US employees are ... |
| | | | What are they up to? What do they hope to accomplish? I am talking, of course, about the International Monetary Fund (IMF) and our very own Federal Treasurer Wayne Swan. What do they have in common? Both still have not learned their lessons. Both want ... |
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