National Australia Bank
Late Rally Powers Asian Stock Rebound
Even Korea, which showed early weakness over uncertain reaction to government's bank bailout plan, rises 2.3%, while Japan, Hong Kong and Australia all perform significantly better Monday.
Market update - 25 July
The FTSE 100 was down 50.8 points at 5311.5 at 12:05 pm this morning after fresh concern about the mortgage market and the health of a leading US bank hit Wall Street overnight. The Down Jones Industrial Average was badly bruised, down 283.1 at 11349.3 points, after Washington Mutual reported a $3.3bn second quarter loss and analyst said that the unsecured creditors were moving to reduce their exposure to the Seattle, Washington, based lender.
Bottom Falls Out In Tokyo
Leading rout in Asia, Nikkei plunges 9.4% on forced selling to cover losses and fear over slowing world economy.
Asian Stocks Skid On Recession Fears
Major indexes lose 3% to 5% on worries damage is spreading beyond financials to the broader global economy.
Australian stocks lower at noon
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.
Banks pull stocks higher
The stock bounces back after Wall St is buoyed by a drop in the oil price and positive consumer confidence data.
07/29/08
Similar news about ANZ Bank
Second day of heavy falls hits...
The sharemarket added to Monday's heavy losses, after falls in the financial sector dragged it to its lowest since August 2006.
07/08/08
Similar news about GPT Group
Kill the competition: M&S sackings...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Westpac may have to boost $17.6 billion St George bid (Reuters)
Reuters - Westpac Banking Corp Ltd , which has bid $17.6 billion for St George Bank in the biggest banking takeover ever in Australia, is bracing for rival offers to emerge that could push the price tag even higher.
Market in the black, buoyed by finance
THE Australian sharemarket closed marginally in the black yesterday, driven by strength in the financial sector, but was weighed down at the end by a weaker mining sector despite stronger metal and oil prices.
Kill the competition: HBOS rivalry...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Kill the competition: Dividend ban...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
Early gains turn into share-price...
THE Australian sharemarket gave back early gains to close lower despite positive moves on Wall Street.
Aussie's greenback parity paradox
Dollar spike has pundits and investors alike rethinking their outlook for interest rates.
ASX higher, financials, resources up
The ASX was close to one per cent higher at noon after shaky financial stocks changed direction to add to strong gains in the resources sector.
ASX slightly higher at noon
The Australian share market was slightly higher at noon led by the resources sector.
Aussie stocks higher, led by resources
The Australian share market closed firmly in the black, driven by the resources sector after the commodities index recorded its biggest weekly gain in 33 years.
ASX closes lower after financials fall
The Australian share market closed lower after falls from the financial sector, with Babcock & Brown suffering a heavy loss amid a drop in interim profit.
Resources drive Aussie stocks higher
The Australian share market closed firmly in the black after a stronger prices drove resources sector higher, helping to ovecome a negative Wall Street lead.
Kill the competition: Money shortage...
Welcome to today's round-up of business news from The Times: what we're
saying, what they're saying
ASX lower led by financials, resources
The Australian share market closed more than two per cent lower, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
Aussie stocks lower at noon
The Australian share market was more than 1.5 per cent lower at noon with both the financial and resources sectors in the red.
Aust stocks up moderately at noon
The Australian share market was up moderately at noon as the metals & mining and energy sectors lifted, but utilities fell.
ASX edges higher as oil and gold rises
The Australian share market nudged a little higher after closing relatively flat last week as gold and oil prices rose.
ASX close flat as bank gains offset
The Australian share market closed flat as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks.
Aussie shares close higher
The Australian share market closed in the black after stronger commodity prices bolstered resource stocks and countered a negative US lead overnight.