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 Wall Street Journal | Ratio of credit to GDP soars in China The Australian And so it is with China's credit-fuelled growth. The ratio of credit to gross domestic product ballooned from about 134 per cent in 2008 to 173 per cent at the end of 2011. That helped save China's economy from the worst of the global financial crisis. Deleveraging China |
 The West Australian | Credit markets closing amid Euro woes: ANZ Sydney Morning Herald AAP Credit markets are already closing as the euro zone debt crisis continues, ANZ chief executive Mike Smith says. "This is what happens in this sort of situation," Mr Smith told a Trans Tasman Business Circle lunch on Friday. ANZ chief says Europe credit markets frozen |
Qantas accused of credit card rip-off Herald Sun QANTAS has been accused of charging passengers as much as $100 million more than they need to in credit card surcharges. A study by consumer watchdog Choice has revealed the massive amount is the difference between what the airline actually pays to ... Qantas 'pocketing $100m' in excess card fees Qantas denies pocketing $100 million from card surcharges |
ACT triple-A credit rating secure, for now ABC Online ACT's triple-A credit rating appears to be secure, after a decision to delay a budget surplus for at least two years. The ACT Government says it will try to achieve a surplus by 2015-16, two years later than planned after cuts in federal funding and in ... ACT delay of budget surplus lauded |
Victorian in Sydney over credit card fraud Herald Sun AN extradited Victorian man will appear in a Sydney court after allegedly assuming the identities of 12 people in widespread credit card fraud. Police officers in Sydney had been investigating fraudulent applications for credit through an online ... |
CREDIT MARKETS: Treasury Yields Approach Record Lows Wall Street Journal This is the fourth time this year that the Japanese auto maker's California-based credit arm, Toyota Motor Credit Corp., has accessed the US debt markets. As corporate borrowing costs continue to fall alongside Treasury yields, the double-A rated ... |
 Wall Street Journal | Greece Deserves Credit, but Debt's an Issue Wall Street Journal By MATTHEW DALTON The debate raging over Greece's place in the euro zone has obscured an important fact: Many of the most painful steps of the Greek bailout have already been completed. That has implications for how euro-zone authorities respond to the ... Credit crunch 2 European Stocks Pare Losses; Credit Agricole Rises; BHP Falls |
 BigPond News | Fake credit cards used in Sydney centre Sydney Morning Herald AAP A young man has been charged with using fake credit cards to pay for MP3 players at a shopping centre on Sydney's upper north shore. Police were called to the centre on Florence St, Hornsby, about 7pm (AEST) on Thursday after security detained two ... Man charged after 18 credit cards seized - Hornsby |
 Daily Mail | PM plans easier credit to get the economy moving but he insists Britain can't ... Daily Mail By James Chapman Homebuyers and businesses are to get more help with credit as the Government struggles to kickstart the economy, David Cameron signalled yesterday. The Prime Minister insisted Britain must not divert from austerity measures. |
 BBC News | Spanish banks have credit ratings cut by Moody's BBC News Ratings agency Moody's has cut the credit ratings of 16 Spanish banks, a further blow to a country that is struggling to deal with the bad debts of its banking sector. It also cut the debt rating on Santander UK, a subsidiary of the Spanish banking ... Spain's banking crisis rocks Santander in the UK: new worries for British ... Moody's downgrades credit ratings of 16 Spanish banks Moody's cuts credit ratings of 16 Spanish banks |
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