Wednesday Mar 5
U.S. Attracts CBA as Australia Swaps Cheapest Since 2012
Commonwealth Bank of Australia raised $3.5 billion in the world's biggest bond market after the cost of switching funds from dollars dropped to a two-year low.
Trending on the Topix Network
Wednesday Mar 5
Australian Stock Bears Rise to Six-Year High After Rally
A pedestrian is reflected in a window against an electronic board displaying stock information as he walks past the Australian Securities Exchange in Sydney.
Tue Mar 04, 2014
Australia shares rise on upbeat GDP, easing tensions in Ukraine
Australian shares rose 0.6 percent on Wednesday morning, spurred by upbeat fourth quarter GDP figures and on signs a military confrontation between Russia and Ukraine might be averted.
Mon Mar 03, 2014
CBA Plans Dollar Bonds After Least Australian Sales Since 2011
Commonwealth Bank of Australia is planning a sale of dollar-denominated notes after the slowest month for offerings from the nation since 2011.
Sun Mar 02, 2014
Commbank digitises paper-based procedures to maintain focus
The Commonwealth Bank of Australia has attributed part of its success so far to Pegasystems, which has helped reduce the bank's burden of working on trivial business processes and instead has allowed it to focus its attention on servicing its increasingly demanding customers.
Thu Feb 27, 2014
Real time since a 69: one bank's pioneering solution finally finds its problem
Next month ASB bank, the New Zealand subsidiary of Australian giant Commonwealth Bank of Australia , will unveil new, tight integration with cloud accounting software provider Xero.
Tue Feb 25, 2014
Australia shares steady, valuations eyed as earnings season tails off
Australian shares were steady on Wednesday morning, pausing after reaching 5-1/2 year highs in the previous session as investors were cautious of plowing funds into stocks that have become pricey.
Mon Feb 24, 2014
Australia shares climb to 5-1/2 year highs, strong earnings underpin
Australian shares rose to 5-1/2 year highs on Tuesday morning, supported by gains in the banking sector and a jump in QBE Insurance shares on optimism profit margins will improve in 2014 despite the insurer suffering an annual loss.
Thu Feb 20, 2014
NAB First-Quarter Cash Profit Up 7% on Lower Bad Debt Charge
National Australia Bank Ltd. , the country's largest lender by assets, reported a 7 percent rise in first-quarter profit on lower bad debt charges and flagged a possible increase in provisions for its U.K. business.
Tue Feb 18, 2014
Australia shares up 0.4 pct, solid earnings keep market at 3-mth highs
Australian shares held at three-month highs on Wednesday morning, with the market adding to recent gains on the back of a string of upbeat earnings reports.
Sun Feb 16, 2014
Australia shares rise to 1-1/2 mth high, strong earnings, miners help
Australian shares inched higher to 1-1/2 month highs on Monday morning, taking heart from strong earnings reports, a rise in copper prices and another positive performance on Wall Street.
Wed Feb 12, 2014
Finextra Research news
CommBank posts bumper profits as tech investment pays off
Commonwealth Bank of Australia has credited investment in technology as a major factor in its impressive 14% rise in first half profits.
Australia shares rise, hover at 3-week highs on earnings support
Australian shares rose 0.4 percent on Wednesday to near 3-week highs as Wall Street picked up overnight and solid earnings from a handful of stocks helped buoy the market, though a fall in index heavyweight CSL undercut some gains.
Tue Feb 11, 2014
UPDATE 2-Australia's low-risk banks on track for sixth year of record profits
Commonwealth Bank of Australia on Wednesday highlighted shrinking bad debt provisions as key factor in record interim profits, the second of Australia's "Big Four" lenders to do so this week in a trend that augurs well for full-year earnings.
ASB drives first-half earnings growth for CBA's NZ units
ASB Bank drove growth in first-half earnings for Commonwealth Bank of Australia's New Zealand businesses, with wider interest margins and gains in home loans, offsetting deteriorating claims at its Sovereign insurance unit.
The Washington Post
Commonwealth Bank First-Half Profit Up 14% on Home Loans, Wealth
Commonwealth Bank of Australia, the nation's biggest lender, reported a 14 percent rise in first- half profit to a record on higher mortgage lending and wealth management growth.
The Otago Daily Times
Strong first-quarter result expected from CBA
ASB owner, the Commonwealth Bank of Australia, is expected to post a strong first-quarter result with cash earnings up about 4% on the second half of 2013, Craigs Investment Partners broker Greg Easton said yesterday.
Sun Feb 09, 2014
Australia shares follow Wall St higher, volume light ahead of earnings
Australian shares added 0.7 percent on Monday, led by the banks and following a jump on Wall Street, though volumes were low with investors cautious before a batch of corporate earnings reports due later in the week.