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| | | Australian income investors are receiving annual returns almost 3% lower than anticipated from their income generating products, according to a new global survey from Legg Mason Global Asset Management. The findings come from a survey of more than 3,000 ... |
| | | | ... or 2.6 per cent, better at $4.00 after being punished in recent weeks. The banks were also higher, with National Australia Bank up 28 cents to $30.77, Westpac improving 22 cents to $30.19, Commonwealth adding 49 cents to $69.71 and ANZ 15 cents higher ... |
| | | | ... Tuesday, the March share price index futures contract was up 34 points at 5,053. In economic news on Tuesday, the Reserve Bank of Australia (RBA) releases the minutes of its March board meeting, RBA assistant governor (financial markets) Dr Guy Debelle ... |
| | | | ... also in Germany - decided to throw away the sanctity of the most sacrosanct of the average people's store of wealth, the bank deposit. You, I and Irene have read about that plan - the tax depositors for bailout plan imposed on Cyprus. To repeat, Cypriots ... |
| | | | Retail banks in the Asia Pacific region are expected to spend 5.1% more on technology this year and technology expenses will reach US$118.6 billion, Ovum research found. According to analysis provider Ovum, retail banks in the Asia Pacific region are ... |
| | | | The Australian market has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negative opening on the Australian market, IG Markets strategist ... |
| | | | ... "Risk premiums at the five major US banks have fallen some 55%. We're looking at a lot of trades that used to be made by the bank property desks. There has been a lot of price appreciation in the US housing market but not in underlying debt assets." |
| | | | The Banking and Finance Oath (BFO) announced today that CEO of the Association of Superannuation Funds of Australia (ASFA) Pauline Vamos and CEO of Australia and New Zealand Banking Group in Australia Philip Chronican will be joining its board. Vamos ... |
| | | | ... turned it "into a worthless heap of pink, white and purple confetti". However, there's still hope. Reports were that a local bank would accept and exchange the yuan confetti for legal tender yuans if he manages to stitch them up together. I would hire ... |
| | | | ... jobs numbers. The yen was flat after Japanese MPs gave final approval to the government's nominees to take the helm at the Bank of Japan (BoJ), with expectations high that it will usher in more aggressive monetary easing. Tokyo rose 1.45 per cent, or ... |
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