Bank shares hit on bad-debt fears
ANZ's warning of a $100 million lift in bad debts has sparked a vicious sell-off in bank shares, with $20 billion wiped off the big four's combined value this week.
Last updated: Updating...
Indices | Value | Change | %Change |
---|---|---|---|
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% |
Indices | Value | Change | %Change |
---|---|---|---|
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% |
commodities | Value | Change | %Change |
---|---|---|---|
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% |
commodities | Value | Change | %Change |
---|---|---|---|
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% | |
0.0000 | 0.0000 | 0.000% |
Company Code | Company | Price | %Change |
---|
Company Code | Company | Price | %Change |
---|
Last updated: Updating...
ANZ's warning of a $100 million lift in bad debts has sparked a vicious sell-off in bank shares, with $20 billion wiped off the big four's combined value this week.
The Standard & Poor's 500 Index snapped a streak of five weekly gains that had wiped out all of its 2016 losses.
Iron ore sank toward $US50 a metric ton amid a resurgent US dollar and indications China's economy has yet to rebound.
There are many reasons John McGrath's respected real estate brand has tanked since floating in December, with the slowing Sydney housing market just one factor.
With gold prices near record highs in Australian dollar terms, gold miners are starting to embrace hedging.
Copper prices fell to a one-week low in overnight trade as a rising US dollar triggered profit-taking
Shares of Apple are one of the biggest bets among hedge funds, with 47 of them listing them among their ten largest holdings as of the end o...
Investors are betting an amount almost the size of Iceland's economy on the pound falling to levels last seen in the 1980s.
It could be the next monetary tool that central banks turn to, according to Capital Economics.
Crispin Odey is now warning of the threat posed to markets by crumbling bank profitability.
Unlimited access to business news and market insights across any device
Already a subscriber? Log in