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| HSBC data theft hits 24,000 clients |
| HSBC, Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank. |
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Published: Fri, 12 Mar 2010 07:56 a.m. |
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| Wall St dragged down by China inflation fears |
| US stocks edged lower in early trading as China inflation data raised worries about reduced demand from one of the world's largest economies, but gains in big-cap technology shares limited losses. |
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Published: Fri, 12 Mar 2010 07:50 a.m. |
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| Oil slips below US$82 |
| Oil slipped below US$82 a barrel overnight, retreating from an eight-week high hit the previous session, as a spike in Chinese inflation fed concern that potential monetary tightening could dent energy demand in the world's second largest oil consumer. |
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Published: Fri, 12 Mar 2010 07:47 a.m. |
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| European shares fall as data fails to cheer |
| European shares slipped from a seven-week high to end lower overnight as economic numbers failed to impress investors and a spike in Chinese inflation raised the prospects of interest rate hikes in the country. |
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Published: Fri, 12 Mar 2010 07:42 a.m. |
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| Huljich fund gives clients exit offer |
| The directors of embattled Huljich Wealth Management have asked the Securities Commission to vet a letter they propose sending to the fund's investors, explaining why former chief executive Peter Huljich was forced to quit and offering them an exit route, without penalty, to other KiwiSaver funds. |
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Published: Fri, 12 Mar 2010 05:00 a.m. |
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| Interest rates to rise 3pc by 2012 says economist |
| House buyers on floating mortgage rates should plan for interest rates to rise about 3 per cent to about 8.6 per cent or higher by early 2012 according to a leading economist. |
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Published: Fri, 12 Mar 2010 05:00 a.m. |
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