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Daily Market Report
for 5/03/2015
Indian Rupee Off 5-day High Vs US Dollar After RBI Rate Cut
04 Mar 2015 19:11 London South East
Given low capacity utilisation and still-weak indicators of production and credit off-take, it is appropriate for the Reserve Bank to be pre-emptive in its policy action to utilize available space for monetary accommodation, the bank said.  more...
The Fragility of the Global Financial Order
04 Mar 2015 11:52 Wall Street Journal
In 2010 China banned exports of rare-earth minerals critical to Japan's electronic industry, and Beijing has frequently used economic and diplomatic pressure to challenge the international recognition of Taiwan. Soon China may complement its naval ...  more...
Woolworths takes $28.3 mln haircut on Warehouse
04 Mar 2015 14:35 Scoop
March 4 (BusinessDesk) - Woolworths has taken a near $28.3 million haircut on its investment in Warehouse Group after James Pascoe, the retail group owned by David and Anne Norman, bought the Australian supermarket chain's stake in New Zealand's ...  more...
BDO NZ launches world-first real-time advisory service
04 Mar 2015 15:34 Scoop
BDO New Zealand is launching a world-first ‘real-time’ business advisory service with a nationwide roll-out of Xero add-on CrunchBoards.  more...
Booking.com Launches Booking Now in NZ
04 Mar 2015 17:02 Scoop
Booking.com Launches Booking Now in New Zealand, the First Truly Global App for Spontaneous Bookers  more...
Pioneering Exporter Outstanding at Auckland’s Business Best
04 Mar 2015 15:20 Scoop
Auckland’s top businesses gathered last night to recognise the best of Auckland’s business best at the Westpac Auckland Business Awards inaugural ‘Best of the Best’ gala dinner and awards ceremony.  more...
WSFS to acquire Alliance Bank for $92 million
04 Mar 2015 17:41 The News Journal
WSFS Financial Corp. is continuing its expansion into southeastern Pennsylvania with a pending $92 million acquisition of Alliance Bancorp Inc. The purchase ... He added WSFS will offer clients wealth management products Alliance does not currently ...  more...
The Morning Ledger: Could Obamacare Be Undone?
05 Mar 2015 00:37 Wall Street Journal (blog)
Vanguard Group and BlackRock Inc., giant fund managers once known for quiet relationships with the companies in which they invest, say they are getting more assertive.  more...
Stock Report on AFLAC Incorporated (NYSE:AFL)
05 Mar 2015 03:26 Markets Wired
Aflac Incorporated (NYSE:AFL) is currently trading 5.64% below its 52-week-high, 13.26% above its 52-week-low and in the range of $56.41-$62.74 over the past month.  more...
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