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Showing 1121 - 1130 of 1439 results for "Recession"

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... quarter. An unexpected 0.4 per cent growth in the first quarter prevented the country from posting its first technical recession since 1991. More recent data show the Australian economy continuing to improve. April retail sales and building approvals ...

Up and over in the land downunder

BENJAMIN ONG  |  THURSDAY, 4 JUN 2009
... GFC. V for the V-shaped rebound in the Australian economy. V for 'very wrong' to those who continued to stick to their recession calls up to the very end. In case you missed it, the Australian Bureau of Statistics yesterday released its National Accounts ...

Market Wrap - Morning

AAP  |  THURSDAY, 4 JUN 2009
... through the 4,000 level to close at a seven-month high, led by property stocks as data showed the economy had avoided a recession. The benchmark S&P/ASX200 gained 61.9 points, or 1.56 per cent, to 4,017.2, while the broader All Ordinaries gained 61.2 ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 JUN 2009
The Australian share market inched higher at noon amid news the economy had avoided a technical recession. At 1200 AEST, the benchmark S&P/ASX200 was up 20.4 points, or 0.52 per cent, at 3975.7, while the broader All Ordinaries gained 23 points, or ...

GS trounces GM

BENJAMIN ONG  |  TUESDAY, 2 JUN 2009
... would do nothing. What about tomorrow's National Accounts report expected to confirm Australia's fall into technical recession? There will be many who will be tempted to spin and interpret the result to all sorts of negative consequences for Australians. ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 JUN 2009
... 1.96 per cent, at 3887.9 points. NEW YORK - Wall Street stocks shot higher Monday as a bullish mood on recovery from recession overshadowed a massive bankruptcy filing by General Motors. The Dow Jones Industrial Average rose 221.11, or 2.6 per cent ...

Take your pick

BENJAMIN ONG  |  THURSDAY, 28 MAY 2009
... for Business Economics (NABE) latest survey which showed that 74 per cent of economists agreeing that the America's recession would be all over by the third quarter of 2009. Not enough? Read the National Association of Realtors' (NAR) report that showed ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 MAY 2009
... likely. Fears also re-emerged about ballooning US government debt and its impact on borrowing costs amid a prolonged recession, pushing yields for US Treasury bonds higher. The Dow Jones Industrial Average fell 173.47 points, or 2.05 per cent, to 8,300.02. ...

CAAM eyes credit and currency

MICHAEL HOBBS  |  WEDNESDAY, 27 MAY 2009
... bonds," he said. "Credit spreads are at their widest levels since 1929 and imply a very pessimistic scenario on both recession and default rate, creating an unprecedented entry point." The locally domiciled CAAM Global Bond fund received a 'recommended' ...

Ten years is too short: CBI

RUTH LIEW  |  WEDNESDAY, 27 MAY 2009
... action plan" by UK business industry body CBI, urgent short-term steps must be taken if businesses struggling with the recession are not to be hit further by their defined benefit 'final salary' pension schemes. The business organisation pointed out ...