Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 121 - 130 of 147 results for "Barack"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 FEB 2009
... some anxiety about the economy. With its dose of positive news Tuesday, the market grew more upbeat ahead of a President Barack Obama's inaugural State of the Union address to Congress. Beaten-down financial shares gained as investors hoped for better ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last week. ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 FEB 2009
... dropped 45.3 points, or 1.33 per cent, to 3,366.9. NEW YORK - Stocks declined on Wall Street on Wednesday as President Barack Obama released details of his $75 billion mortgage relief plan and investors remained uncertain about the prospects for the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 FEB 2009
... York Federal Reserve's regional manufacturing index showed a much deeper contraction in activity than expected. President Barack Obama is set to sign the $US787 billion ($A1.21 trillion) stimulus package into law on Tuesday. He will also be outlining ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... government's latest fiscal dole-outs. Wall Street sat on the fence overnight as investors await the approval of US President Barack Obama's proposed stimulus package. The Senate is scheduled to vote on the legislation tomorrow morning (Australian time). ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 FEB 2009
... European stocks rallied late in trading, powered by the banking sector on expectation the US congress will approve President Barack Obama's plan to stimulate the recession-hit US economy. In London the FTSE 100 index added 15.74 points, or 0.37 per cent ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... according to Bloomberg, the ugly US payrolls number in January 'would force Congress to reach a compromise on President Barack Obama's economic stimulus package'. The employment report showed that 598,000 more jobs were lost last month - the biggest ...

Good Bank Bad Bank

BENJAMIN ONG  |  THURSDAY, 29 JAN 2009
... have no market value as buyers have long vanished. This is perhaps why US equities took as positive rumours that President Barack Obama's latest stimulus package could include the creation of a bad bank - an 'Aggregator Bank' -- that will buy and stock ...