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Showing 9851 - 9860 of 17967 results for "Bank"

No end in sight for renminbi rally

MARK SMITH  |  THURSDAY, 28 MAR 2013
... currency is one of the goals under the country's five-year plan and, in early September 2012, Dai Xianglong, a former People's Bank of China governor, said that China could liberalise its capital account as early as 2015. "While the precise timing will ...

Earnings growth key to equity returns

MARK SMITH  |  THURSDAY, 28 MAR 2013
... undervalued and anticipates strong returns in the coming years. "In addition to our retail stocks, we are also overweight non-bank financials. We believe that double digit growth is sustainable over the long term, provided you focus on the fundamentals. ...

Cypriot banks to re-open sans banking

BENJAMIN ONG  |  THURSDAY, 28 MAR 2013
... be able to encash checks (American spelling). But you can leave in four days (says head of internal audit at the Central Bank of Cyprus, Yiangos Demetriou) or seven days (according to Athens newspaper Kathimerini). Yes Virginia, the capital controls ...

Market Wrap

AAP  |  THURSDAY, 28 MAR 2013
... 0.69 per cent. HONG KONG - Asian markets mostly fell and the euro suffered a sell-off on Friday after the European Central Bank told Cyprus it would cut off funding to its banks if it did not agree a new bailout deal soon. Regional markets followed losses ...

Market Wrap

AAP  |  WEDNESDAY, 27 MAR 2013
... 0.69 per cent. HONG KONG - Asian markets mostly fell and the euro suffered a sell-off on Friday after the European Central Bank told Cyprus it would cut off funding to its banks if it did not agree a new bailout deal soon. Regional markets followed losses ...

Market Wrap PM

AAP  |  TUESDAY, 26 MAR 2013
... after a top European finance official suggested the Cyprus bailout framework could serve as a template for other European bank crises. Under the deal reached early on Monday in Brussels, Cyprus agreed to reduce its oversized banking sector and inflict ...

Template of a bail-in?

BENJAMIN ONG  |  TUESDAY, 26 MAR 2013
... everybody's in - the banks' shareholders and bondholders and uninsured depositors. Deal details. The country's second largest bank, Cyprus Popular Bank (aka Laiki), would be shuttered -- virtually destroying the bank's senior bondholders (who cares ...

Market Wrap

AAP  |  TUESDAY, 26 MAR 2013
... 0.69 per cent. HONG KONG - Asian markets mostly fell and the euro suffered a sell-off on Friday after the European Central Bank told Cyprus it would cut off funding to its banks if it did not agree a new bailout deal soon. Regional markets followed losses ...

Market Wrap PM

AAP  |  MONDAY, 25 MAR 2013
... five cents to $57.87. Among the major banks, ANZ rose 20 cents to $28.75, Westpac added 31 cents to $30.81, Commonwealth Bank climbed 65 cents to $68.28, and National Australia Bank gained 26 cents at $30.89. Among other stocks, toy distributor Funtastic ...

Reignited euro crisis prompts gold rush

MARK SMITH  |  MONDAY, 25 MAR 2013
... positive for the shiny metal. ETF Securities data shows that gold has jumped 82 percent since the end of 2008 as central bank measures intended to stimulate economic growth increased speculation that inflation will accelerate. Last week the Fed left ...