WESTPAC Bank has become the third bank in less than a week to raise its variable mortgage rates independently of the central bank due to increasing wholesale funding costs. ... The action follows similar moves last week by ANZ and National Australia Bank. "We are mindful...
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KUALA LUMPUR: A car with four passengers rammed onto two Federal Reserve Unit (FRU) personnel during the Bandar Mahkota Cheras barricade fracas, a Human Rights Commission inquiry was told. Acting Kpl Fariz Abd Samad, 33, said...
Today's preliminary Q2 GDP report from the UK showed real growth slowing to 0.2% on the quarter and 1.6% on the year, the weakest in three years and down from 0.3% and 2.3%, respectively, in Q1. A marked fall in construction...
BusinessWeek Online - Bank accounts held in the small European principality of Liechtenstein are normally prized for their privacy and advantageous tax benefits -- not as a path to being named in a U.S. Senate probe into...
Lower than expected U.S. housing and job numbers, lower equity markets, and higher oil prices combined to pull the U.S. dollar back from a two week high versus a basket of major currencies. Poor U.K. economic data continued to...