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Business News / Afternoon Edition
Business News       Markets       Quotes       Money       Innovations       Small Business       Executive Style
Friday, 15 February 2008
Big banks $5.5b risky debt Banks logos The country's leading banks are thought to have an exposure of almost $5.5b to five of the most debt-laden and financially troubled companies.  
All Ordinaries at 2:43 PM EST, 15 Feb 2008 5662.0- 86.2(- 1.5) Charts & index detail | Top Movers | More indices
Around the market at 2:43 PM EST, 15 Feb 2008
Nasdaq 2332.54 - 41.39 - 1.74%
CAC 48.71 + 0.03 + 0.06%
Hang Seng 23699.52 - 322.16 - 1.34%
NZX 3505.85 - 44.56 - 1.26%
More market data, foreign exchange, share prices
Business Update More Business
Michael West: Over and out for Allco michael west It may be too early to pen the obit but it is time to make the call - Allco is over.

WAN shares crumble after poor result asx Shares of WA Newspapers slumped after posting a 21 percent slide in profit for the first half and warned of uncertain advertising demand.

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Market News More Market News
ASX Noon: Stocks slide on weak US lead asx The Australian stock market was down at midday following a negative lead from Wall Street. Wall St ends lower as Bernanke sees 'sluggish' growth Wall Street shares ended lower today after Federal Reserve chairman Ben Bernanke said he saw "a period of sluggish growth" ahead before the US economy picks up momentum again. Aussie dollar opens stronger as US talks up rate cuts The Australian dollar has opened stronger as the prospect of a wider interest rate differential between Australia and the United States grew overnight.
Columnists More Columnists
Elizabeth Knight: Elizabeth Knight Elizabeth Knight ASX feels the naked flame of short selling. CBD: CBD CBD John Kinghorn doesn't have $650 million to play with.
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Today's Top 5 Business Articles
  1. Over and out for Allco
  2. Big banks face $5.5b risky debt exposure
  3. Subprime fall may trigger 'Tsunami,' Spitzer says
  4. Going, going ... baaaa!
  5. Tricom seeks a saviour

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