St. George agrees to Westpac takeover
                   
wtop.com     13-May-2008            

By ROHAN SULLIVAN Associated Press Writer SYDNEY, Australia (AP) - Westpac Banking Corp. and smaller rival St. George agreed to a takeover deal Tuesday worth 18.6 billion Australian dollars ($17.5 billion) that would create Australia's biggest bank by market capitalization. Westpac, Australia's... [read full story]                    


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Financial Markets Heading for Trading Ranges

marketoracle.co.uk     44 mins ago          

Arguably, gold shares are leveraged to the gold price. Arguably, the markets look ahead. If these two propositions are true, then the direction of movement of gold share prices should be pointing the way to the future...                    

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Australia’s Allco, Centro, post big losses

ft.com     32 mins ago   1 related          

Allco Finance Group and Centro Properties Group posted Australia's biggest losses in five years as credit turmoil forced fire sales of assets to pay debt, reports Bloomberg. Centro posted a A$2.1bn ($1.8bn) loss in the...                    

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Councils set for new housing role

bbc.co.uk     31 mins ago   9 related          

Measures that would allow councils to intervene in the ailing housing market are expected to be announced by the government next week. Sources have suggested to the BBC that housing associations and councils could be given...                    

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Does the Super Cup matter?

timesonline.typepad.com     yesterday          

In recent times we have seen a whole load of pointless competitions being introduced to club football, mainly seeking to make a quick buck for the clubs involved. United's jaunts to Brazil in 2000 were well documented and...                    

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