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Showing 1421 - 1430 of 1956 results for "Default"

S.O.S

BENJAMIN ONG  |  WEDNESDAY, 3 AUG 2011
... of chicken in Washington was playing - an opposite reaction anyone would expect when being spooked over debt, deficit, default and downgrade. It was only last night when the noises coming out of Washington over the debt subsided that equity markets realised ...

Market Wrap - Midday

AAP  |  TUESDAY, 2 AUG 2011
... client adviser Bill Bishop said. "I think the market is a reflection of the uncertainty surrounding the outcome of the default deal in America," Mr Bishop said. "The market is unsure of the ramifications for America and Europe, where they've also put ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
... Australian shares gained more than one and a half per cent in a "relief rally" after the United States avoided a debt default with an eleventh-hour agreement to cut its deficit. The benchmark S&P/ASX200 index was up 73.2 points, or 1.65 per cent, at ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
... obligations. Far-reaching and potentially catastrophic effects on the global economy were widely predicted in the event of default. The compromise proposal, must still pass a vote in both houses where the debate about raising the debt ceiling has been ...

Market Wrap - Midday

AAP  |  MONDAY, 1 AUG 2011
Australian shares are soaring after the United States avoided a debt default with an eleventh hour agreement to cut its deficit. President Barack Obama said the deal will cut about $US1 trillion in spending over 10 years and avoid default, which would ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
... increasing risk that America might not reach a deal in time," Dr Oliver said on Sunday. "Which in turn means a potential default, or more likely a big cut to US government government spending for some period of time." In economic news, TD Securities ...

Market Wrap - Morning

AAP  |  FRIDAY, 29 JUL 2011
... American Chamber of Commerce in Australia luncheon. On Thursday, investor jitters over the prospect of a US sovereign debt default unleashed a wave of selling on the Australian share market. The benchmark S&P/ASX200 index fell 73.6 points, or 1.62 per ...

Market Wrap - Midday

AAP  |  THURSDAY, 28 JUL 2011
The Australian share market remains lower as fears over a pending US sovereign debt default pulled Asia markets down, with all local sectors trading in the red. By 1200 AEST, the benchmark S&P/ASX200 index was down 49.9 points, or 1.1 per cent, at 4,487.5 ...

DC theatrics

BENJAMIN ONG  |  THURSDAY, 28 JUL 2011
... note yields increased two basis points to 2.98 percent... as a stalemate over the debt ceiling pushed the U.S. closer to default." And to turn you into a true believer, "Rates on six-month bills due Aug. 4 climbed 10 basis points today to 0.15 percent ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
... for the award system to be opened to more competition. This would give their superannuation funds greater access to the default-fund advantage. Fiona Reynolds, chief executive of the Australian Institute of Superannuation Trustees, said the current system ...