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Showing 121 - 130 of 190 results for "US housing"

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... the market's mood changed overnight? Economic data that were poor in January and February remained poor in March. The US housing market was, and continues to be, in the dumps. The banking and financial sectors are in distress. Businesses are failing. ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 JAN 2009
... at 1207 AEDT after slashing its full-year profit guidance by 40 per cent due to the deepening deterioration of the US housing market. At 1208 AEDT, Rio Tinto had lost $2.04, or 4.84 per cent, to $40.15 while fellow mining giant BHP Billiton had advanced ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... will -- stop the financial 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 ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... industrial production is forecast to decline by 0.3 per cent in August after a 0.2 per cent increase in the previous month. US housing starts are expected to reduce to 950,000 in August from 965,000 in July. Similarly, markets anticipate building permits ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... that the takeover would provide the Lehman with the capital infusion it needs after posting huge losses related to US housing market downturn and the credit crunch that ensued. This is a complete reversal of the market's optimism that followed the 'de ...

Saving Freddie Mac and Fannie Mae

RUTH LIEW  |  FRIDAY, 5 SEP 2008
... marketing manager at Western Asset Management said both housing agencies were critical financing mechanisms for the US housing market and for many years have fulfilled that role down to a tee. Combined, the two entities control around a whopping $5 trillion ...

Capex & Credit at the forefront

BENJAMIN ONG  |  SUNDAY, 24 AUG 2008
... merely confirm the ongoing trend in the current market environment. This week, markets will receive updates on the US housing market, durable goods orders, the personal consumption deflator and minutes from 5 August Federal Open Markets Committee (FOMC) ...

The saga continues

BENJAMIN ONG  |  WEDNESDAY, 20 AUG 2008
Data released overnight shows a continued decline the US housing market, price pressures remain and its financial sector problems have not gone away. US housing starts fell by 11 percent to an annualised 965,000 units in July -- the lowest level since ...

Watching the US$ and commodities

BENJAMIN ONG  |  MONDAY, 18 AUG 2008
... Builders (NAHB) housing market index is expected to remain steady at a reading of 16 for August. This will be followed by US housing starts figures, which are expected to come in at 960,000 units in July, down from 1,066,000 units in the previous month. ...

Financial woes continue to haunt

BENJAMIN ONG  |  WEDNESDAY, 13 AUG 2008
... mortgage-related positions - announced last 22 July. Losses will continue to accumulate in the financial sector until the US housing market stabilises. This is unlikely to happen anytime soon as current indications suggest that housing has yet to hit ...