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Westpac Banking Corp

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  • Japanese shares outperformed on Thursday as the yen weakened while the rest of Asian investors cheered dovish remarks from Fed Vice Chairman Janet Yellen.

  • Are the stars re-aligning for dollar-yen? Tuesday, 12 Nov 2013 | 11:48 PM ET

    While dollar-yen is likely to break above 100 soon, there is skepticism over whether the pair will remain above the key psychological level.

  • NEW YORK, Nov 8- The dollar rallied broadly on Friday after a report showed U.S. job growth unexpectedly accelerated in October, boosting expectations the Federal Reserve may start scaling back massive stimulus later this year.

  • NEW YORK, Nov 8- An unexpected surge in U.S. jobs growth during October boosted the dollar and sent U.S. The Commerce Department said there was no "discernible" impact on payrolls from the 16- day federal government shutdown last month.

  • LONDON, Nov 8- An unexpected surge in U.S. jobs growth during October boosted the dollar and sent U.S. "It's an impressively strong jobs number in the face of a government shutdown and underlying weakness in the U.S. economy," said Richard Franulovich, senior currency strategist at Westpac.

  • Asian stocks tumbled on Friday as Wall Street's sell-off overshadowed upbeat Chinese trade data ahead of the US jobs report.

  • Record profits for Aussie banks, but can it last? Monday, 4 Nov 2013 | 6:09 PM ET

    Australia's top four banks have posted another year of record earnings, but that strong run could be at risk, analysts say.

  • Asian equity markets declined in quiet trade on Monday as investors awaited a raft of central bank meetings this week for further direction.

  • *Westpac's cash profit A $7.1 bln in line with consensus. *Westpac final dividend A $0.88 vs A $0.84 a year earlier. SYDNEY, Nov 4- Westpac Banking Corp notched up record profits and unveiled a special dividend in a stellar year for Australian banks, and expectations are high that the industry will deliver more earnings growth in 2014..

  • What are the best Australian banks?     Sunday, 3 Nov 2013 | 8:45 PM ET

    Lachlan Colquhoun, Head of Markets Analysis at East and Partners explains why he thinks CBA and Westpac stand out in Australia's banking sector.

  • *Westpac's cash profit A $7.1 bln in line with consensus. *Westpac final dividend A $0.88 vs A $0.84 a year earlier. SYDNEY, Nov 4- Westpac Banking Corp notched up record profits and unveiled a special dividend in a stellar year for Australian banks and expectations are high that the industry will deliver more earnings growth in 2014..

  • Record earnings season for Australian banks     Sunday, 3 Nov 2013 | 5:54 PM ET

    Nathan Bell, Research Director at Intelligent Investor explains which Australian banks he likes best.

  • *Shares surge on earnings, Sydney Airport proposal, dividend. SYDNEY, Nov 1- Australia's top investment bank Macquarie Group Ltd booked a better-than-expected 39 percent increase in first-half net profit, bolstered by a strong performance from its asset management division.

  • *Shares surge on earnings, Sydney Airport proposal, dividend. SYDNEY, Nov 1- Australia's top investment bank Macquarie Group Ltd booked a better-than-expected 39 percent increase in first-half net profit on Friday, helped by an upswing in IPOs and a strong performance from its asset management division.

  • Macquarie profit up 39 percent; tops forecast Thursday, 31 Oct 2013 | 8:52 PM ET
    Macquarie Group headquarters in Sydney, Australia

    Macquarie Group booked a 39 percent increase in first-half net profit on Friday, underpinned by a strong performance from its funds business.

  • Asian stocks tracked their U.S. peers lower on Thursday following a slightly less dovish than expected tone from the Federal Reserve.

  • Dollar still at ‘risk' as shutdown sequel looms Wednesday, 30 Oct 2013 | 12:25 AM ET

    Investors continue to demand a risk premium on the U.S. dollar heading into 2014, though some remain optimistic for a solution to the debt impasse.

  • *Expansion into Asia paying off. SYDNEY, Oct 29- Australia and New Zealand Banking Group Ltd reaped gains from its focus on Asia to book a fourth straight year of record profits and offered a better-than-expected dividend payout, sending its shares to an all-time high.

  • Asian stocks rallied on Monday following record highs on Wall Street late last week and as attention turned to the region's corporate earnings season.

  • *Home mortgage market key profit centre for Australia's Big Four banks. SYDNEY, Oct 28- Australia's largest investment bank Macquarie Group Ltd is pushing rapidly into home mortgages, threatening to disrupt a highly profitable segment of the banking industry long dominated by the country's top four lenders.

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