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Showing 1281 - 1290 of 1439 results for "Recession"

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
... a second straight day with a vicious downward spiral reinforced by fears of a deeper credit crunch leading to severe recession. The Dow Jones Industrial Average sank 508.39 points, or 5.11 per cent to a five-year closing low of 9,447.11 following a 369-point ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
... reductions - in the order of say 50-100 basis points each time - might assist reducing the magnitude and length of the coming recession, if not a 1930s-style depression. The RBA may indeed cut interest rates by 50 basis points today. In turn, we might ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
... package will help stabilise the financial markets, but it is too late to prevent the global economy from falling into recession. Wall Street went into red again last night following the release of economic data consistent with a looming recession. US ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 OCT 2008
... and a seven-year high in jobless claims stoked fears that the US Government's financial rescue plan won't ward off a recession. The Dow plummeted 348.22 points, or 3.22 per cent, to 10,482.85, while the broader S&P500 fell 46.78 points, or 4.03 per cent ...

Bill failed, what next?

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
... case of the government going back to the drawing board and getting the right package through. "The US is already in recession, even if they're not saying it, so for me, this is just going to send them into a definite recession. At the end of the day ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... a welcome relief to the financial markets. However, it may have come a bit late to turn the tide towards an economic recession that has increased in impetus in recent months.

Market Wrap - Morning

AAP  |  MONDAY, 29 SEP 2008
... European stock exchanges fell in Friday trading, with Germany, France, Italy and the UK all threatened with possible recession. In England the benchmark FTSE 100 index shed 108.5 points, or 2.09 per cent to close at 5,088.47. FRANKFURT - In Germany ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... market panic but not the onslaught of downward momentum on the US and global economies. The US housing sector remains in recession. New home sales fell by 11.5 per cent in August to an annual rate of 460,000 units -- the lowest level since January 1991 ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
Volatile trading continued on Wall Street overnight as investors continued to digest the implications of the Lehman Brothers' collapse on the financial system. Equities were whipsawed, first sliding on the US Federal Reserve's decision to keep interest ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... Standard Intelligence Unit's (FSIU) view that although the domestic economy has downshifted, it is far from falling into a recession. However, downside risks are likely to increase for as long as the malaise in the US financial sector and its broader ...