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| | | ... of discussions with Lonsec to secure an investment grade rating. Once that is obtained, the group plans to approach the major platforms to distribute their product, which will also be made available through financial planners and directly through the ... |
| | | | ... higher after the Reserve Bank of Australia (RBA) slashed interest rates by a full percentage point. The rate cut sparked a major turnaround in the Australian share market that had opened earlier more than three per cent lower after stocks were savaged ... |
| | | | ... information is and Australian organizations are not required to notify anyone if data is stolen. "Phishing" has also become a major threat to personal information with recent incarnations including SMiShing which uses mobile phones to gain information. ... |
| | | | ... the announcement was a vote of confidence in the Australian operation, which is continuing its growth program through a major product overhaul due for launch in December 2008 and a series of new technology releases in 2009. Some Asian AIG business units ... |
| | | | Taking lessons from the past, a shock response from the world's major central banks in the form of big interest rates reductions - in the order of say 50-100 basis points each time - might assist reducing the magnitude and length of the coming recession ... |
| | | | ... Rio Tinto was off by $2.99, or 3.15 per cent, to $92.01. In the US overnight, the key Dow Jones Industrials Average of 30 major stocks dipped 19.59 points, or 0.18 per cent to 10,831.07. The broader Standard & Poor's 500 shed 5.3 points, or 0.45 per ... |
| | | | Another 18 products have been taken off Standard & Poor's 'On Hold' list after reassuring the ratings house that its "business as usual" despite ASIC's ban on short selling. The 18 funds, which include heavyweights such as the BT Global Return Fund ... |
| | | | ... ten or 15 years and the Reserve Bank of Australia (RBA) here is pretty tight on our banks," he said. At 1216 AEST, all the major banks were weaker, with Westpac Banking Corporation down 4.1 per cent, or 95 cents, to $22.20, and its takeover target St ... |
| | | | The Australian stock market had moved into the red by noon, dragged lower by the big miners and most of the major banks, while the local market digested news of the agreement reached in the US on the Wall Street bailout. At 1217 AEST, the benchmark ... |
| | | | ... secretray Henry Paulson's widely reported ineffectivesness in arguing his administration's own strategy, which was seen as a major contributor for why the bail-out negotiations became so protracted. The prime minister said the first thing we must accept ... |
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