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| | | ... freeze wages, retire old planes, and slash capital spending and some routes to cut costs. Among the major banks, Commonwealth Bank had gained 11 cents to $75.31, Westpac was up 18 cents to $33.72, ANZ was four cents higher at $32.19, but National Australia ... |
| | | | Royal Bank of Scotland's losses soared to almost STG9 billion ($A16.82 billion) last year, the state-rescued lender has announced, while its decision to pay millions in bonuses has triggered a political backlash. Net losses announced on Thursday widened ... |
| | | | ... the slowdown proves to be a temporary blip caused by severe winter weather. In local economic news on Friday, the Reserve Bank of Australia is due to release financial aggregates data for January. In equities news, Virgin Australia, Woolworths, Harvey ... |
| | | | ... Bennelong Wealth Partners chief executive Fiona Rowland. Nassios was previously the chief investment officer for Deutsche Bank AG where he was responsible for investment solutions for high net worth families and individuals. This included having responsibility ... |
| | | | Industry Super Australia (ISA) has confirmed that it spent around $9 million on advertising in 2013, despite some media reporting a much higher figure. ISA, which represents 15 super funds including AustralianSuper, Cbus, Hesta and HOSTPLUS, confirmed ... |
| | | | Investors focusing their Asia interest on just China and India are missing a strategic opportunity to get involved with South East Asia (SEA), a region that is just as big and growing at a similar rate. SEA comprises 14 countries located between Australia ... |
| | | | ... speculators might be thinking just that - shorting the Chinese yuan versus the greenback - from here on after the Peoples Bank of China (PBOC) allowed the country's legal tender to fall by nearly 0.5% in a single day - seems small but it was the biggest ... |
| | | | ... decline. Investors were also spooked over a possibly cooling Chinese property market and lending curbs as China's central bank effectively drew cash out of the system as it continues to fret over possible bad debts among lenders. In local economic news ... |
| | | | ... Fortescue Metals was one cent lower at $5.98. However, the big banks were all up. ANZ was 11 cents higher at $32.11, Commonwealth Bank was 28 cents better at $75.64, Westpac had gained 13 cents to $33.70 and NAB had lifted 16 cents to $34.59. Qantas ... |
| | | | London-headquartered HSBC has controversially unveiled measures to avoid new EU rules on bank bonuses, drawing the wrath of union bosses. This comes after Europe's biggest bank managed a 15.5% A jump in annual net profits and warned about emerging markets ... |
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