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Showing 1221 - 1230 of 1439 results for "Recession"

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... twice shy after being burnt by their lax lending standards not too long ago. But even without this scar, the global recession also means that default risks are higher. Investors are not borrowing. Some may even be paying for margin calls up to now. With ...

Que sera, sera

BENJAMIN ONG  |  WEDNESDAY, 3 DEC 2008
... fright by focusing on the US Bureau of Economic Research's (NBER) announcement officially marking the start of the US recession. In his speech, Bernanke acknowledged that the scope for employing 'conventional interest rate policies to support the economy ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 DEC 2008
... rebound after very heavy losses the previous day on increasing concerns the global economy faces a long and painful recession. In London, the FTSE 100 index of leading shares rose 57.37, or 1.41 per cent, to 4,122.86 points. FRANKFURT - The DAX gained ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 DEC 2008
... $40.00. In the US on Monday, the panel at the National Bureau of Economic Research confirmed that the economy has been in recession since December 2007. US stocks finished lower, with the Dow Jones industrial average settling down 679.95 points, or 7.7 ...

Mr. Scrooge's Ghosts

BENJAMIN ONG  |  TUESDAY, 2 DEC 2008
It's official. The US is - or has been - in recession since December 2007. Now what? The Business Cycle Dating Committee of the US National Bureau of Economic Research (NBER) announced that America's economy entered recession one year ago, despite not ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 DEC 2008
... market is expected to open weaker, after US and European stocks plunged on a declaration that the US officially is in recession, before the focus at home turns to the next interest rate cut, expected later today. At 0800 AEDT on the Sydney Futures Exchange ...

You earn, I spend

BENJAMIN ONG  |  THURSDAY, 27 NOV 2008
... bond market will make it harder for the government to borrow money in the future to finance a budget deficit during a recession or war. The idea was scrapped in 2004. And fortunately for the Labour Government it was. The Federal Prime Minister and the ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... cocktail of excessive leverage, lax lending standards and investment in incomprehensible structured investments. The global recession will take care of this. It is too bad that mere mortals have to pay for the sins of the masters of the universe.

Market Wrap - Morning

AAP  |  TUESDAY, 25 NOV 2008
... worth STG20 billion ($A47.05 billion) to reignite consumer spending and help Britain recover from a deep and painful recession. The FTSE 100 index recorded its largest ever daily gain, adding 372 points, or 9.84 per cent, to 4,152.96. FRANKFURT - The ...

Market Wrap - Morning

AAP  |  FRIDAY, 21 NOV 2008
... 1,316.12. LONDON - Europe's leading stocks markets closed sharply lower with losses of more than three per cent, as recession fears deepened on new data showing a surge in US jobless claims. In London, the FTSE 100 index of leading shares fell 130.69 ...