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Australia 13/01/2012

09:06 : ANZ Bank Plans to Cut ‘Many Hundreds' of Jobs, Union Says - Australia & New Zealand Banking Group Ltd. is preparing to cut as many as 900 jobs, according to a union that represents bank workers, as the lender trims costs in an economy where demand for mortgages has slumped to ...
Source : businessweek-com
02:08 : ANZ holds mortgage rates in first review independent of c.bank - SYDNEY, Jan 13 (Reuters) - Australia and New Zealand Banking Group left its variable mortgage rate unchanged on Friday, though it said funding costs were elevated, as it begins setting mortgage ...
Source : reuters-com

Australia 12/01/2012

02:28 : CBA, ANZ consider bids for RBS Australian units-sources - SYDNEY, Jan 12 (Reuters) - Australia and New Zealand Banking group and Commonwealth Bank of Australia are considering bidding for parts of Royal Bank of Scotland's Australian unit, two sources with knowledge ...
Source : reuters-com

Australia 11/01/2012

09:39 : Cyclone shuts Australia's largest iron ore port - A tropical cyclone bearing down on west Australia forced the closure of some of the world's largest iron ore ports and several offshore oil fields on Wednesday, the first major series of shutdowns in what is forecast to be a ...
Source : telegraph-co-uk

Australia 10/01/2012

23:36 : Hydro is considering to curtail production in Kurri Kurri, Australia - Norsk Hydro ASA is considering curtailing production at its Kurri Kurri aluminium plant in Australia. A consultation process has started with the local employees. "In response to the demanding situation, we are considering ...
22:10 : Cyclone off W.Australia threatens iron ore, energy ops - SYDNEY, Jan 11 (Reuters) - A cyclone has formed off Western Australia and is forecast to come ashore south of Port Hedland, one of the world's largest export terminals for iron ore, Australia's Bureau of Meteorology forecast on Wednesday.
Source : reuters-com
18:31 : Share Placement - THIS PRESS RELEASE AND THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA AND JAPAN. ...
11:13 : BW Offshore: Sale of FPSO Ningaloo Vision - A subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners (Apache 52.501 percent and INPEX 47.499 percent). The unit is sold on an "as is where is" ...
03:16 : REFILE-UPDATE 1-Australia home building gets hint of rebound in Nov - SYDNEY, Jan 10 (Reuters) - Approvals to build new homes in Australia jumped sharply in November in a partial recovery from two months of steep falls, offering hope the struggling sector might have finally hit bottom now Interest rates|interest ...
Source : reuters-com

Australia 05/01/2012

05:59 : UPDATE 1-ANZ to sell Sacombank stake to Eximbank-report - HANOI, Jan 5 (Reuters) - Australia and New Zealand Banking Group will sell its entire 9.6 percent stake in Vietnam's Sacombank to Eximbank, another Vietnamese lender, a senior Sacombank executive was quoted in media ...
Source : reuters-com

Australia 04/01/2012

00:17 : Insurance Australia sees higher FY12 reinsurance - SYDNEY, Jan 4 (Reuters) - Insurance Australia Group , the country's top car and home insurer, said on Wednesday it has finalised its 2012 reinsurance programme and expected total reinsurance expense of A$700 million ($726.57 million) ...
Source : reuters-com

Australia 03/01/2012

18:37 : Asian Stocks Advance on Optimism Region Weathering Europe Crisis - Asian stocks rose, with a regional gauge heading for a three-week high, as manufacturing growth from Australia, China and India added to optimism the region's economies will withstand Europe's sovereign-debt crisis.
Source : businessweek-com
18:37 : U.S. Stocks Advance Amid Signs of Growth in Global Manufacturing - U.S. stocks climbed, sending the Standard & Poor's 500 Index to its highest level since the end of October, amid signs that manufacturing output is increasing from China to Australia and America.
Source : businessweek-com
15:00 : Canadian Dollar Rises as Commodities Jump - Canadian dollar is higher as commodities see a sharp jump in prices. The latest ISM data in the United States is helping matters, especially for the loonie, but the manufacturing expansion in China ...
Source : topforexnews-com

Australia 28/12/2011

15:12 : UPDATE 1-Moly Mines to halt ops at Australia molybdenum project - Dec 28 (Reuters) - Moly Mines Ltd said it will halt operations at its Spinifex Ridge molybdenum and copper project in Western Australia as China Development Bank Corp (CDB) cuts funding for the project due to weak molybdenum ...
Source : reuters-com

Australia 27/12/2011

23:35 : BRIEF-Moody's rates NAB covered bond tranche - Dec 28 (Reuters) - Moody's Investors Service has today assigned a definitive long-term rating of Aaa to the Series 1 Tranche 2 covered bonds issued under the US$ 20.0 billion covered bond programme of National Australia Bank Limited.
Source : reuters-com

Australia 22/12/2011

18:48 : NB Private Equity Partners Announces Transaction in Own Shares - THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY ...
06:54 : TEXT: S&P Ups CNH Capital Australia Recievables Trust 2009-1 Class B Rtg - -- CNH Capital Australia Receivables Trust Series 2009-1 is a securitization of equipment-backed receivables originated by CNH Capital Australia Pty Ltd.
Source : reuters-com
00:01 : TEXT: S&P Raises Servicer Ranking On Pepper Australia To STRONG - -- We have raised the overall ranking on Pepper Australia Pty Ltd. as a residential subprime loan servicer in Australia to STRONG from ABOVE AVERAGE.
Source : reuters-com

Australia 19/12/2011

22:02 : Australia's IAG says seeks Malaysia insurance deal - SYDNEY, Dec 20 (Reuters) - Insurance Australia Group said its 49 percent-owned Malaysian associate, AmG Insurance Berhad, is seeking regulatory approval to acquire Kurnia Insurans (Malaysia) Berhad to make it the market leader in the ...
Source : reuters-com
10:11 : Thalidomide class action lawsuit to be heard in Australia - Australians born with birth defects after their mothers took thalidomide win right to have case heard in their own country Members of an Australian class action lawsuit who blame a German pharmaceutical company's anti-morning sickness drug, ...
Source : guardian-co-uk

Australia 17/12/2011

04:50 : Deadline looms for UBS Australia pay agreement-sources - SYDNEY/HONG KONG, Dec 17 (Reuters) - A unique deal to protect part of the annual bonus pool at UBS Australia expires within weeks , say sources with direct knowledge of the matter, raising the prospect that the business may ...
Source : reuters-com

Australia 16/12/2011

20:01 : Bombardier Doubles Number of Regional Support Office Locations for Business - Three more business aircraft RSO locations now operational in Singapore; São Paolo, Brazil; and Sydney, Australia MONTREAL, QUEBEC--(Marketwire - December 16, 2011) - Bombardier announced today that it has opened new business aircraft ...
04:04 : CBA, Westpac Among Banks Sued by Australia Clients Over Fees - Commonwealth Bank of Australia and Westpac Banking Corp. were sued by customers seeking to recoup allegedly illegal fees, after a judge allowed part of a lawsuit against Australia & New Zealand Banking ...
Source : businessweek-com
02:53 : TPG buys NZ$70 mln debt in New Zealand media firm -source - MELBOURNE, Dec 16 (Reuters) - TPG Capital has bought NZ$70 million ($53 million) of the debt of New Zealand media company MediaWorks from Commonwealth Bank of Australia, according to a source familiar with the matter.
Source : reuters-com
01:32 : TEXT:S&P Bulletin: No change to BEN on new purchase announcement - MELBOURNE (Standard & Poor's) Dec. 16, 2011--Standard & Poor's Ratings Services today said that its ratings on Bendigo and Adelaide Bank Ltd. (BEN) are unaffected following today's announcement that BEN had reached agreement with the Bank of Cyprus ...
Source : reuters-com

Australia 15/12/2011

00:20 : Hammer blow leaves Levene's bank courting NAB - Lord Levene's NBNK could make a fresh approach to National Australia Bank about its UK business in the wake of its failure to land Lloyds Banking Group's Verde business.

Australia 14/12/2011

12:10 : Aussie Trades Flat, Australian Consumers Pessimistic - The Australian dollar traded flat today with upward bias even though the report showed an unexpected drop of the consumer sentiment in Australia. The same pattern of sideways trading was seen yesterday in the first half of ...
Source : topforexnews-com
02:20 : Australia's IAG eyeing stake in Kurnia Asia's insurance unit-report - KUALA LUMPUR, Dec 14 (Reuters) - Insurance Australia Group (IAG), Australia's top home and car insurer, may buy a stake in the general insurance unit of Malaysia's Kurnia Asia, the Star newspaper reported on Wednesday.
Source : reuters-com
02:20 : Australia cannot avoid drag from Europe crisis -RBA - SYDNEY, Dec 14 (Reuters) - An escalation in Europe's debt crisis could hurt trade across Asia, drive up bank funding costs and depress confidence at home, a top Australian central banker warned on Wednesday.
Source : reuters-com
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