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Australian banks easily fit new global rules

  The Australian Business Briefing  
  omss, this is your Australian Business update for Mon Sep 13 12:55:06 EST 2010  
 
Australian banks easily fit new rules
big four banks Michael Bennet AUSTRALIAN banks are well positioned to meet the new global rules on the capital lenders have to hold, analysts say.
 
Biota soars 21pc on Japan drug approval
Biota Michael Bennet BIOTA Holdings has rocketed more than 20 per cent on news its Japanese partner has received approval to sell an influenza drug.
 
Markets would feel Japan's dark prince
Japan Kana Inagaki and Andrew Monahan IF investors like volatility, they should be rooting for a victory by Ichiro Ozawa in the race to be Japan's prime minister.
 
Leighton wins $276m Rio port contract
Iron ore David Fickling LEIGHTON Holdings said today its subsidiary John Holland has won a contract to build facilities at Rio Tinto's Cape Lambert B iron ore port.
 
ANZ appoints David Hisco new NZ CEO
ANZ Michael Bennet ANZ's New Zealand arm has appointed David Hisco chief executive after Jenny Fagg stepped down due to health reasons.
 
Heed the advice of fiscal council
pound sterling ANALYSIS: Sam Fleming COMETH the hour, cometh the quango.
 
Raisings tipped to hit $10bn
ASX Brett Clegg and Tracy Lee ONE of the worst periods for equity issuance is set to finish with a bang with more than $10 billion in capital raisings before Christmas.
 
Labor puts the money on Shorten
Bill Shorten Jennifer Hewett, National affairs correspondent BILL Shorten's appointment to the crucial portfolio of financial services and superannuation should help reassure the business community.
 
Financial Markets
Resources drive sharemarket higher
ASX THE Australian sharemarket was up more than 1 per cent by early afternoon, after strong Chinese economic data boosted resources stocks.
 
Markets would feel Japan's dark prince
Heed the advice of fiscal council
 
Financial Markets Coverage
 
Mining & Energy
Leighton wins $276m Rio port contract
Iron ore David Fickling LEIGHTON Holdings said today its subsidiary John Holland has won a contract to build facilities at Rio Tinto's Cape Lambert B iron ore port.
 
Aussies at the fore of Mongolian charge
Pipeline sector to accept carbon levy
 
More Mining & Energy Coverage
 
Business Breaking News
 
12:50pm Investec fund hires former Qantas CFO
12:40pm Resources drive sharemarket higher
12:25pm Chinese data buoys noon resources stocks
12:15pm Impact Minerals presentation at t...
12:02pm Japan news 'much needed' for Biota
12:00pm Scott Miller of DevelopIndy; Dr M...
12:00pm Platina Resources Completes Signi...
11:53am Lending finance down in July to $6.8bn
11:52am Australian banks easily fit new rules
11:27am Buoyant market for minor metals
11:04am China data helps shares higher
11:00am Resources Rising Stars Mining Inv...
10:56am Biota soars 21pc on Japan drug approval
10:43am Breakfast TV goes mobile
10:36am Election delayed Telstra NBN paperwork
 
More Business Breaking News
 
 
 
 
 
Tim Boreham
Japan news 'much needed' for Biota
WITHOUT wanting to bode ill-fortune on any of our brotherhood, the short-term interest of Biota investors lies with with coughing Japanese.
tim-boreham
City Beat
Investec fund hires former Qantas CFO
INVESTEC'S Global Aircraft Fund has reopened the fund to institutional investors and added ex-Qantas executive Colin Storrie.
city-beat
More Opinion Stories
 
 
 
 
 
 
News By Sector
Agriculture
BAE to auction commercial aerospace
Aviation
Investec fund hires former Qantas CFO
Banking & Finance
Australian banks easily fit new rules
Construction & Engineering
Leighton wins $276m Rio port contract
Green Business
$73m for Toyota as hybrids stall
Healthcare
Biota soars 21pc on Japan drug approval
Infrastructure & Utilities
Spark in new $250m loan facility
Legal Affairs
Court TV will improve our image: judges
Leisure & Gaming
Wavish back with a whole new ball game
Manufacturing
Nuplex looks to grow in Asia
Media
MasterChef offspring draws 2.2m viewers
Mining & Energy
Leighton wins $276m Rio port contract
Primespace  
Winter auctions hit, but spring in the air
Retail & Consumer
Home brands lose their stigma
Small Business
Expect unexpected in these crazy times
Telecoms
Election delayed Telstra NBN paperwork
Transport & Logistics
Anglo shaky from the start of QR venture
 
 
Highlights
Markets would feel Japan's dark prince
Japan Kana Inagaki and Andrew Monahan IF investors like volatility, they should be rooting for a victory by Ichiro Ozawa in the race to be Japan's prime minister.
 
Global deal reached on new bank rules
Put GST on table: Reserve director
 
More Highlights
 
 
Executive Lifestyle
Tycoon brings F1 to India
Chandhok Geoff Hiscock INDIAN construction billionaire and sports enthusiast Jaiprakash Gaur is the driving force behind India's bid to stage its first Formula One Grand Prix motor race next year.
 
Apple opens Apps to Flash, Google
How to catch a marlin
 
More Primespace Coverage
 
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