Executives stood down over banknote scandal
The board of the Reserve Bank subsidiary Securency International has stood down its managing director and company secretary amid federal police investigations into alleged corruption.
The board...
ABC Business News -
Saturday November 21, 2009, 12:38 pm
Banks should lend more, curb 'undue' bonuses: ECB
FRANKFURT (AFP) - Banks should step up their lending to support economic growth while taking steps to curb "undue" bonuses, European Central Bank head Jean-Claude Trichet said...
AFP Finance News -
Saturday November 21, 2009, 1:38 am
Seven banks face Moody's review
Moody's Investment Services Ltd review of $24 billion worth of hybrid securities extends to seven Australian banks and some subsidiaries, including $9.5 billion issued by Commonwealth Bank of...
AAP -
Friday November 20, 2009, 8:03 pm
Banknote scandal: police raid RBA subsidiary
Federal police have raided the offices of a Reserve Bank subsidiary in Melbourne in the latest part of a scandal involving plastic banknotes in other countries.
The raids happened yesterday, with...
ABC Business News -
Friday November 20, 2009, 8:03 pm
Chinese bank may back $7.5b Qld project
Resourcehouse Ltd chairman Clive Palmer says a Chinese bank is interested in backing the company's proposed $7.5 billion coal mine and infrastructure development in central Queensland.Professor...
AAP -
Friday November 20, 2009, 5:56 pm
JP Morgan to buy ANZ custodian business
ANZ Banking Group Ltd will sell its custodian services business to US Banking giant JP Morgan as the Australian lender moves to focus on its core markets in the Asia Pacific region."Custodian...
AAP -
Friday November 20, 2009, 5:16 pm
Japan maintains super-low interest rates
Japan's central bank announced on Friday that it was leaving its super-low interest rates unchanged at 0.1 per cent, in the face of mounting concerns about deflation in Asia's biggest...
AAP -
Friday November 20, 2009, 4:02 pm
AIR Midday Market Roundup
The market is down 66. The SFE Futures were down 45 this morning. Wall St. down 94 overnight. The Dow was down 1 at best and down 170 at worst. Biggest fall in a month. Economic figures were in line...
Australasian Investment Review -
Friday November 20, 2009, 10:59 am
Singapore Out Of The Red, Sees Growth in 2010
Singapore now sees its economy solidly back in the black in 2010 after confirming that it grew strongly in the third quarter. The country's Trade and Industry Ministry issued a flash third...
Australasian Investment Review -
Friday November 20, 2009, 8:14 am
US Still Fragile
Another week for the US economy in which statistics, speeches and interviews, all underlined just how tough it is going to be in the world's biggest economy for the next year or more. In...
Australasian Investment Review -
Friday November 20, 2009, 12:13 am
Australia shares up 0.2pct,buoyed by banks;IAG jumps
* S&P/ASX 200 closes at 4,749.2, up 10.2 points
* Banks, property stocks underpin market
* IAG jumps on bid hopes, but analysts say unlikely
(Adds analysts' comments)
By Sonali Paul
...
Reuters Finance News, Australia -
Thursday November 19, 2009, 5:20 pm
Australia shares up 0.2pct;banks, property stocks rise
(Updates to provisional close)
MELBOURNE, Nov 19 (Reuters) - Australian shares crawled
higher in thin trade on Thursday, underpinned by the banks and
property stocks after the top miners gave up...
Reuters Finance News, Australia -
Thursday November 19, 2009, 4:28 pm
Australia shares flat; IAG up on bid hopes
(Adds IAG, QBE, Brambles)
MELBOURNE, Nov 19 (Reuters) - Australian shares were flat
on Thursday, after the top miners gave up early gains and
turned negative following a solid climb in resources...
Reuters Finance News, Australia -
Thursday November 19, 2009, 3:01 pm
Card transactions rose in Sept: RBA
The total monthly value of credit and charge card transactions, including advances, rose by two per cent in September, new figures from the Reserve Bank of Australia (RBA) show.Australians spent...
AAP -
Thursday November 19, 2009, 2:51 pm
Public Sector Boosts Wages
Nothing at all for interest rates from the September quarter Labour Price Index from the Australian Bureau of Statistics except to say that once again the public sector has been very generous with...
Australasian Investment Review -
Thursday November 19, 2009, 8:42 am
