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| | | Australian shares are weaker after a US Federal Reserve official said tapering of economic stimulus could begin in October. Resources and energy stocks were the worst performers on the market. St Louis Fed president James Bullard's comments weighed ... |
| | | | "So, are you going to tighten by Labor Day?" Tonight we're going back to the future.A Going back to that fateful day on the 22nd of May -- when Texas Republican and head of the Joint Economics Committee Kevin Brady posed this question upon US Federal ... |
| | | | ... any tightening of the US easy-money tap would have to wait until economic recovery was firmly underway. Speaking to US Congress, Bernanke repeated that the Fed stimulus could be wound up next year if economic growth remained steady as forecast. But Bernanke ... |
| | | | ... quota...but there are more: In his testimony before the Joint Economic Committee on 28 March 2007, Ben S. Bernanke told the US Congress that, "At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime ... |
| | | | The Australian market has opened flat as investors gave a lukewarm response to US Congressional Republicans agreeing to temporarily raise the debt ceiling. At 1015 AEDT on Monday, the benchmark S&P/ASX200 index was up 5.7 points, or 0.12 per cent, at ... |
| | | | ... absent offsetting changes, would pose a substantial threat to the recovery" to hopes that the US President and the US Congress would reach a deal to steer the economy away from the fiscal cliff. Hey, wasn't this what we've been saying all along? That ... |
| | | | ... conditions at the open. Ms Chan said investors were on the sidelines amid ongoing negotiations between the White House and US Congress over a series of tax measures and government spending cuts which were due to automatically come into effect from January ... |
| | | | ... Barrack Obama's narrow victory in the presidential race. President Obama's priority is to secure a budget deal with the US Congress to avoid automatic spending cuts and tax increases amounting to $600 billion. However, with the Republicans in control ... |
| | | | ... amid hopes of Chinese and US stimulus measures ahead of Federal Reserve chairman Ben Bernanke appearing before the US congress. Hong Kong's benchmark Hang Seng Index on Tuesday closed up 1.75 per cent, or 333.99 points, at 19,455.33, while the Shanghai ... |
| | | | ... amid hopes of Chinese and US stimulus measures ahead of Federal Reserve chairman Ben Bernanke appearing before the US congress. Hong Kong's benchmark Hang Seng Index on Tuesday closed up 1.75 per cent, or 333.99 points, at 19,455.33, while the Shanghai ... |
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