Housing sector slowdown to curb profits
(Australia) Australia’s six largest banks can expect to deliver solid financial results for the rest of 2003 but will feel the slowing housing market in their loan profits, […]
(Australia) Australia’s six largest banks can expect to deliver solid financial results for the rest of 2003 but will feel the slowing housing market in their loan profits, […]
(Australia) More than 105,000 Australians have financial assets of at least US$1 million, excluding home real estate, according to a new report by Merrill Lynch and Cap Gemini […]
(Australia) The ANZ has stated it expects to deliver eight percent earnings per share growth in FY 2003 and 2004.The bank acknowledged a tough domestic market led to […]
(China) The People’s Bank of China has said its current growth of money supply and loans is “a bit too fast” and warned that it will attempt to […]
(Australia) – Westpac chief executive David Morgan has delivered the message to UK investors that the bank is on track to hit its high single-digit earnings growth targets […]
(Australia) – With interest rates currently sitting at zero, Japanese banks are so wealthy that they could “buy Australia tomorrow if they wanted to”, a member of Merrill […]
(Australia) – Diners Club charge card usage in Australia is falling, with accounts for the Citibank unit in Australia showing a drop of 20 percent in “turnover” during […]
(Indonesia) – Mutual funds investing in Indonesia were Asia’s best in April, delivering an average 18 percent returns to investors.According to fund tracker firm Lipper, gains posted by […]
(Australia) – GE Capital Finance Australasia has experienced a whopping A$45.6 million reversal in its 2002 year, driven by the performance of its consumer finance business.GE Capital’s consumer […]
(Australia) – Macquarie Bank’s profit appears to have slowed by some 26 percent in the six months to March 2003 compared to its first half year.The Bank’s pre-tax […]