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| | | ... Australian stock market is expected to open lower today after US stocks fell on scepticism about a plan by global central banks to revitalise credit markets. Metals in London were lower overnight. At 0809 AEDT, on the Sydney Futures Exchange, the December ... |
| | | | ... overnight, the Dow Jones industrial average rose 41.13 points, or 0.31 per cent, to 13,473.9. The world's leading central banks provided good news by promising to inject more liquidity into the banking system to help fight the credit squeeze. But it ... |
| | | | ... open higher today following a positive lead from Wall Street as US stocks rose after the Federal Reserve and other central banks sought to ease a global credit crunch. Metals in London were mixed overnight. At 0820 AEDT, on the Sydney Futures Exchange ... |
| | | | ... just released a report arguing that the expanding role of pension funds, mutual funds, oil-rich countries and Asian central banks is redefining how the global economy should be managed. This is because the influx of liquidity provided by these players ... |
| | | | ... population a lesson," said US Fed vice chairman Donald L Kohn in a major speech on Wednesday. "To minimize moral hazard, central banks should operate as much as possible through general instruments not aimed at individual institutions." Kohn said the ... |
| | | | ... settled down 20 cents at $762 an ounce. On central-bank gold sales, gold and gold receivables held by euro zone central banks fell by 108 million euros to 185.975 billion euros in the week ending October 12, the European Central Bank said on Tuesday. ... |
| | | | ... 1,542.84. The Nasdaq Composite Index was up 4.14 points at 2,733.57. LONDON - Britain's top share index rose after major central banks in England and Europe kept interest rates on hold, while Northern Rock led gains after sources said Citigroup had offered ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... combination of falling supply and rising demand for basic food produce is set to bring serious inflationary pressures to central banks later this year." Drought and flooding across the globe have already cut harvest forecasts between 10 and 20 per cent ... |
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