Search Results for: Commonwealth Bank
Asian Shares Jump With Metals as Trump Reassessed; Kiwi Weakens
November 10th, 2016
Stock gains led by raw-materials producers as copper jumps Australian 10-year debt yield surges more than 20 basis points Stocks in Asia rebounded from their steepest slide since Brexit, industrial metals surged and regional bonds tumbled after Donald Trump’s ...
Gold Climbs as Vote Jitters Hit U.S. Stock Futures, Mexican Peso
November 3rd, 2016
Polls point to a close race ahead of presidential election Bullion, yen boosted by haven demand as dollar extends slide Investors are becoming more jittery amid a tightening race for the U.S. presidency, sending gold higher for a sixth ...
Blockchain applied for the first time in a global transaction
October 24th, 2016
Blockchain, the technology behind digital currency bitcoin and now being used to simplify secure financial transactions, has been applied for the first time in a deal facilitated by an Australian bank to sell cotton to China. The Commonwealth Bank ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Oil prices rise on trouble at Libya’s oil ports
September 19th, 2016
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia that until this month had controlled Libya’s oil ports for ...
PBOC Boosts Weekly Injections as Yuan Climbs Amid Stability Bets
September 14th, 2016
Yuan interbank rates in Hong Kong surge before China holidays Monetary authority pumps in $57.7 billion, most since April China’s central bank boosted its cash injections to a five-month high, fueling speculation that it is looking to steady the ...
ASIC: CBA pays $180,000 in penalties and will write off $2.5 million in loan balances
September 14th, 2016
Commonwealth Bank of Australia (CBA) has paid four infringement notices totalling $180,000 in relation to breaches of responsible lending laws when providing personal overdraft facilities. CBA reported this matter to ASIC following an ASIC surveillance. CBA conducted an internal ...
Tech partnership brings people and payments closer together
September 9th, 2016
Innovative link-up of CBA’s CommBank app and Barclays’ Pingit will allow customers to move money over 10,000 miles – quickly, securely and seamlessly – with no more than a mobile number. Ground breaking collaboration marks the first time two ...
Emerging-Market Assets Rally on Yield Hunt Before Yellen Speech
August 25th, 2016
‘The market is back to the search for yield,’ CBA’s Ji says Emerging-market currency volatility touches eight-week high Emerging-market currencies and stocks rose as investors sought out higher-yielding assets before a speech by Federal Reserve Chair Janet Yellen which ...
Hedge funds resume selling in ags, led by corn, cotton, hogs
August 22nd, 2016
Hedge funds returned to a bearish bias on ags – although not by much, as improved sentiment towards cocoa and wheat prices offset some of the impact of data-fuelled sales in corn and cotton. Managed money, a proxy for ...
