RBA Bank Liquidity Facility

Published on December 17, 2010 by Technology Slice

RBA Bank Liquidity Facility – THE RBA and APRA will offer Australia’s banks a secured liquidity facility to help them comply with the new Basel III requirements. The agreement from the Reserve Bank of Australia and the Australian Prudential Regulation Authority comes less than a day after the Bank for International Settlements said banks would [...]

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Posted in Money

Wall Street Soars

Published on December 2, 2010 by Technology Slice

Wall Street Soars – The Dow Jones Industrial Average soared 249.76 points (2.27 per cent) to close at 11,255.78, with all 30 blue-chip components closing in positive territory, led by do-it-yourself retailer Home Depot, up 5.10 per cent. The S&P 500 index, a broader measure of the market, rose 25.52 points (2.16 per cent) to [...]

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Posted in Money

Financial Crisis Isn’t Over

Published on March 2, 2010 by Technology Slice

Financial Crisis Isn’t Over – Australia cannot continue to rely on its place in Asia to dodge the fall-out from the global financial crisis, a leading foreign regulator has warned. The sovereign debt crisis enveloping the Mediterranean was set to spread, said Hans Hoogervorst, chairman of Dutch securities regulator the Netherlands Authority for the Financial [...]

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Posted in Money

Secret Bankers Meeting

Published on February 7, 2010 by Technology Slice

The world’s top central bankers began arriving in Australia yesterday as renewed fears about the strength of the global economic recovery gripped world share markets. Representatives from 24 central banks and monetary authorities including the US Federal Reserve and European Central Bank landed in Sydney to meet tomorrow at a secret location, the Herald Sun [...]

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Posted in General

Jobs Report

Published on February 6, 2010 by Technology Slice

Crude-oil futures traded sideways Friday after data showed an unexpected drop in the January U.S. unemployment rate. Crude futures held close to Thursday’s close, which saw prices drop $3.84 a barrel, or 5%, amid a broad selloff of risky assets due to fears over weakness in the global economy. Light, sweet crude for March delivery [...]

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Posted in Money

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