Westpac Banking Corp


  • *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 been dominated by the country's top four lenders.

  • *Seoul shares drop 1 pct, Tokyo's Nikkei down 1.2 pct. By Dominic Lau and Vidya Ranganathan. Those expectations were tempered, however, by continued worries over tighter cash markets in China, leading to a lopsided and selective rally in Asian markets.

  • A rally down under: Are Aussie stocks unstoppable? Monday, 21 Oct 2013 | 11:45 PM ET

    As Australian stocks power to fresh five-year highs, analysts say the country's benchmark index is set for further gains.

  • China’s yuan flexes muscle as US crisis rattles on Wednesday, 16 Oct 2013 | 3:30 AM ET

    The Chinese yuan hit a record high against the dollar on Wednesday, a sign of Beijing allowing the yuan to flex its muscles as a global currency.

  • Asian stocks enjoyed a relief rally on Friday on optimism that U.S. lawmakers would soon reach a deal to avert a debt default.

  • The embattled U.S. dollar faces its fifth losing week as the U.S. government shutdown hits growth prospects in the world's largest economy.

  • These are Asia's top three banks     Wednesday, 2 Oct 2013 | 11:34 PM ET

    Lachlan Colquhoun, Head of Markets Analysis at East and Partners tells CNBC's Cash Flow which three banks he thinks will outperform in the Asia.

  • Asian equities ended the week mostly higher but trade was rangebound due to worries over a U.S. government shutdown.

  • Asian equities were mostly lower on Wednesday after Wall Street logged its fourth straight session of losses amid uncertainty surrounding U.S. budget discussions.

  • Banking on Australia-Asia flows: Westpac Asia GM     Thursday, 12 Sep 2013 | 12:40 AM ET

    Balaji Swaminathan, General Manager, Asia at Westpac Bank says they are banking on the flow of people, capital and clients between Australia and the rest of Asia.

  • Asian equity markets moved off session lows on Wednesday but investors continued to take profits after recent robust gains and as U.S. support for action against Syria dampened sentiment.

  • Asia lifted by China optimism; Syria risks ease Monday, 2 Sep 2013 | 3:00 AM ET

    Asian equity markets kicked off September higher after two separate readings of Chinese factory activity confirmed hopes of a recovery in the world's second-largest economy.

  • China's benchmark index reversed course for a second time on Friday to close down 0.6 percent following an earlier spike of 5.6 percent that propelled the index to two-and-a-half-month highs.

  • Japan's benchmark index reversed earlier losses on Tuesday to rally 1 percent as the yen weakened while the rest of Asian stocks were mixed in choppy trade.

  • Nikkei Leads Asia Higher; China Data in Focus Tuesday, 9 Jul 2013 | 3:07 AM ET

    Asian stocks rebounded on Tuesday from the previous day's sharp losses following a positive U.S. lead and after Chinese consumer inflation accelerated in June.

  • Australia Holds Fire on Rates, but for How Long? Tuesday, 4 Jun 2013 | 12:31 AM ET

    The Reserve Bank of Australia left its interest rate steady at a record low on Tuesday and analysts it could ease monetary policy soon.

  • Nikkei Accelerates Losses to 3.7% Monday, 3 Jun 2013 | 3:02 AM ET

    Japan's benchmark Nikkei index extended its correction to hit a new six-week low on Monday as worries of a slowdown in China returned to the spotlight and a sharp sell-off on Wall Street late last week curbed risk appetite.

  • Asian Stocks Climb Higher in Choppy Trade Wednesday, 29 May 2013 | 3:14 AM ET

    Asian stocks rose on Wednesday but ended off session highs as a weak Australian dollar, volatile Japanese markets and renewed fears of the U.S. Federal Reserve tapering its bond-buying program scaled back momentum.

  • Nikkei Closes Up Over 1% After Volatile Start Tuesday, 28 May 2013 | 3:06 AM ET

    Japan's benchmark stock index closed higher on Tuesday after three days of extreme volatility. The Nikkei managed to stabilize after a shaky morning session, which saw the index zigzag between gains and losses after shedding 1 percent at the open.

  • Nikkei Closes Down Over 7% After Volatile Session Thursday, 23 May 2013 | 3:00 AM ET

    Japan's stock market finished Thursday's session 7 percent lower, in a hugely volatile session which saw the Nikkei gain 2 percent in early trade only to dive to a one-week low late in the session.

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