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Showing 111 - 120 of 156 results for "Republican"

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUL 2011
... stocks lower on Tuesday. Major indices were already down for the day when the White House said it would object to a Republican plan in the House of Representatives that calls for raising the debt limit by $US1 trillion ($A925 billion). The plan would ...

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
Chicken Little's back! It's back telling everyone who cares to listen that "the sky is falling". Chicken Little knows. "I saw it with my eyes, I heard it with my ears, and a bit of it fell on my head" (The Sky is Falling) as it watched the Democrats ...

Market Wrap - Morning

AAP  |  TUESDAY, 26 JUL 2011
The Australian share market has received negative leads from offshore trading overnight, with markets falling as US policy-makers continue to search for a resolution of the country's immediate debt problem. At 0728 AEST, the local September share price ...

Deal or no deal

BENJAMIN ONG  |  FRIDAY, 22 JUL 2011
... be "deal!" The New York Times reported last night that US President Obama (Democrat) and House Speaker John Boehner (Republican) were nearing a "major budget deal." Hooray! Until it runs into some opposition and then, it's back to no deal. Boo! However ...

They will deal

BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
The twisting and shouting we witnessed on Wall Street the previous day - with most other financial markets singing "joy to the world" - died down overnight. To be sure, the DJ's didn't turned off the music - they just changed the tune from hip hop ...

Earnings, debt ceiling and debt

BENJAMIN ONG  |  WEDNESDAY, 20 JUL 2011
So now equity investors have finally taken notice of earnings. "Wall Street up on profits, Apple surges late," beamed Reuters' headline. Oh yes, Virginia, Wall Street was not only up - it was up big time. Both the Dow and the S&P500 gained 1.6% overnight ...

D-E-B-T

BENJAMIN ONG  |  TUESDAY, 19 JUL 2011
Let's talk about debt baby. D-E-B-T the four letters that's currently giving political leaders massive headaches, financial markets their jitters and gold its shine. With only two weeks to go before the debt ceiling blows up and bites their collective ...

Market Wrap - Morning

AAP  |  TUESDAY, 19 JUL 2011
... tech-heavy Nasdaq Composite slid 24.69 points (0.89 per cent) to close at 2,765.11. The sell-off came as top Democratic and Republican senators were struggling to forge a compromise deal to raise the federal government's debt ceiling by August 2 in order ...

Market Wrap - Morning

AAP  |  MONDAY, 18 JUL 2011
The Australian market is expected to open higher after US stocks rose in the last hour of trading after Google said its revenue hit a record last quarter. At 0735 AEST on the ASX 24 on Monday, the September share price index futures contract was up ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUL 2011
... result in a US debt default, which would have disastrous effects for the economy and financial markets. Boehner, a Republican, said that dealing with Democrats on the issue has been like "dealing with Jell-O." Signs of healthy growth in China also helped ...