Commonwealth Bank of Australia reports small rise in profit
Reuters, Bloomberg NewsPublished: August 13, 2008
SYDNEY: Commonwealth Bank of Australia posted on Wednesday the slowest earnings growth in four years as bad debts doubled and companies including Centro Properties Group struggled to repay loans.
It also warned of a challenging year ahead because of volatile global markets and upward pressure on funding costs.
more ugly rumours can anyone comment on this story please..............
from the international herald tribune
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