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Showing 1201 - 1210 of 1827 results for "Night"

Do nothing budget

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2010
... spending pre-election budget won't find one." This is what Australian Federal Treasurer Wayne Swan told Parliament on Budget night. And he wasn't kidding. Sure there were a few government giveaways... a few takes, but compared with previous Budget measures ...

Death by algorithm

BENJAMIN ONG  |  FRIDAY, 7 MAY 2010
... Representatives of the major US exchanges and the Securities and Exchange Commission (SEC) are still doing the autopsy on last night's crash. But early evidence suggests that the conclusion would be "death by algorithm". Why? Only a die-hard doom and ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 MAY 2010
... The Australian stock market is expected to post a huge decline at the start of Friday's trading day, following a horror night on offshore markets as Wall Street shed more than three per cent and commodities prices went backwards. At 0757 AEST on the ...

Sell in May

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2010
... agreed to keep the Greek isle afloat with a three-year, a,-110 billion lifeline. All was well... so it seemed. Until last night, when a panic attack again hit equity markets. Financial markets engaged in a "what if?" exercise yet again. What if Portugal ...

Too clever by half

BENJAMIN ONG  |  TUESDAY, 4 MAY 2010
... Omaha...Mr. Warren Buffet. Bloomberg reports that one of the reasons Wall Street posted its biggest gain since February last night was because - wait for it - " Warren Buffett defended Goldman Sachs Group Inc." Goldman according to Buffet. At Berkshire ...

Market Wrap - Morning

AAP  |  MONDAY, 3 MAY 2010
The Australian stock market is expected to open lower, following a weak finish on Wall Street during Friday night's offshore session. At the close of Friday night's session on the Sydney Futures Exchange, the June share price index contract was 62 points ...

Too much ado about Greece

BENJAMIN ONG  |  FRIDAY, 30 APR 2010
... Portugal, and Spain, and... are still kicking themselves. Both the Dow and the S&P 500 jumped more than 1 per cent last night -- the biggest one-day increase since the middle of last month. And this, after their 0.5 per cent gain the previous day. Sure ...

Contagion has already happened

BENJAMIN ONG  |  THURSDAY, 29 APR 2010
... rose while we slept despite Standard and Poor's issuing another credit ratings downgrade. Spain was in the firing line last night -- its ratings slashed to AA from AA+. Again, I ask who's next? So where's this fear of contagion that has dominated the ...

Seek and thou shalt find

BENJAMIN ONG  |  TUESDAY, 27 APR 2010
... cent of companies in the S&P 500 that have already reported their first quarter earnings have topped forecasts. Just last night, Caterpillar - heavy equipment manufacturer and the world's largest bulldozer maker - reported first quarter EPS of US$0.50 ...

Liar

BENJAMIN ONG  |  FRIDAY, 23 APR 2010
... notches up crap creek when Eurostat - the European Union's official Statistician - called it a liar. Eurostat revealed last night how it discovered that Greece's 2009 budget deficit was 13.6 per cent of GDP - higher than the government's own forecast ...