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Showing 9631 - 9640 of 17967 results for "Bank"

Aust shares open lower

AAP  |  WEDNESDAY, 12 JUN 2013
... out of the six largest stocks on the bourse, particularly punished after their recent record-high run. National Australia Bank was 44 cents, or 1.55 per cent, worse at $27.96; ANZ shares had dropped 45 cents, or 1.67 per cent, to $26.43; Commonwealth ...

More Asian HNWs enlisting private banks

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
... there was a developing trend to seek the services of private banks. Only 10% of Asian HNW investors currently use a private bank but 15% of East & Partners sample said they intended to do so. Meanwhile the survey showed proportion using their business ...

The sky is falling downunder

BENJAMIN ONG  |  WEDNESDAY, 12 JUN 2013
... to 1.9% (from 2.7%) next year while at the same time warning of a 20% probability of a recession. There's former Reserve Bank of Australia (RBA) governor Bernie Fraser warning that the "good times have passed" for the Australian economy and "it is going ...

Market Wrap AM

AAP  |  WEDNESDAY, 12 JUN 2013
The Australian market looks set to open lower following falls on international markets after the Bank of Japan stayed quiet on any new stimulus measures. The Bank of Japan on Tuesday opted against increasing its asset purchase program or changing interest ...

Sinking emerging markets

BENJAMIN ONG  |  TUESDAY, 11 JUN 2013
... reducing its monetary policy stimulation sooner rather than later. The prospect of reduced money printing by the US central bank sent the yield on 10-year US Treasuries soaring from a five-month low of 1.63% on the 2nd of May to around 2.21% currently. ...

Market Wrap AM

AAP  |  TUESDAY, 11 JUN 2013
... 4,780. In local economic news, the Australian Bureau of Statistics releases housing finance data for April. National Australia Bank's May business survey is also due for release. The market was closed on Monday, and on Friday the benchmark S&P/ASX200 ...

Credit Suisse launches SIV portfolios

MARK SMITH  |  FRIDAY, 7 JUN 2013
... launched two new investment portfolios developed specifically for Significant Investor Visa (SIV) applicants. The Private Bank has also established a dedicated SIV desk, specifically focused on inbound enquiries, with staff who are fluent in Mandarin ...

Aussie shares weaken ahead of long weekend

AAP  |  FRIDAY, 7 JUN 2013
... to Melbourne Mining Club in London. Rival Rio Tinto lost 33 cents to $53.74. The big banks were mixed, with Commonwealth Bank shedding 27 cents to $65.88 and National Australia Bank losing eight cents to $28.67. But Westpac added seven cents to $27.78 ...

Fracking shock in store for US

MARK SMITH  |  FRIDAY, 7 JUN 2013
Investors are greatly underestimating the significance of an energy-independent US, according to Nikko Asset Management chief executive Charles Beazley, who thinks the performance of the US economy will surprise everybody. New fracking technologies ...

Market Wrap AM

AAP  |  FRIDAY, 7 JUN 2013
... market looks set to open flat after erratic swings on Wall Street and falls on European bourses after the European Central Bank and Bank of England kept rates on hold. At 0817 AEST on Friday, the June share price index futures contract was up three points ...