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Showing 1441 - 1450 of 1827 results for "Night"

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
... share market that had opened earlier more than three per cent lower after stocks were savaged on Wall Street the previous night. The benchmark S&P/ASX200 index gained 78.3 points, or 1.72 per cent, to close at 4,618.7, while the broader All ordinaries ...

Fed on Zero Interest Rate Policy?

BENJAMIN ONG  |  TUESDAY, 7 OCT 2008
... weekend) after the US enacted its rescue package, Europe is, itself, trying to fend off the impact of the credit squeeze. Last night, Germany announced plans to insure all private deposit accounts; the European Central Bank decided to loosen its securities ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
... 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 initial jobless claims rose to seven-year ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... Congress voted 228 to 205 against the Emergency Economic Stabilization Act of 2008. The S&P 500 index's performance last night highlighted what everyone else appear to be too scared to utter, economic depression. News wires reported that of the 500 companies ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... arise as a consequence of the US Congress' passing the US Treasury/Federal Reserve's 'mother of all bail-outs' package. Last night, the Paulson/Bernanke tandem told Congress what they think would happen if the Troubled Asset Relief Program (TARP) were ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
... this was before US Treasury Paulson proposed to expand the type of illiquid debts that will be included in the rescue. Last night, Paulson said that in addition to buying mortgage related assets, the plan has been widened to include car loans, student ...

Market Wrap - Midday

AAP  |  FRIDAY, 19 SEP 2008
... advanced 100.25, or 4.78 per cent, to 2,199.10. On Wall Street, light, sweet crude for October delivery rose again last night, adding 72 cents to settle at $97.88 a barrel on the New York Mercantile Exchange. At 1220 AEST, Woodside Petroleum had added ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... paragraphs described the central banks' first concerted action last 12 December 2007 in response to the credit crunch. Last night, there were 6 major central banks - which included the Bank of Japan to the previous 5 central banks - working together ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... to a more than 80 per cent probability -- from 2 per cent - that the Fed will cut interest rates when it meets tomorrow night in response to the market upheaval. Economic releases are put on the back burner as investors speculate on which institution ...

Market Wrap - Midday

AAP  |  MONDAY, 15 SEP 2008
... or 2.97 per cent to $30.04, while bank and insurer Suncorp-Metway was off 58 cents, or 5.7 per cent to $9.60. On Friday night, the Dow Jones Industrial Average of 30 heavyweights experienced a volatile session, finally settling 11.72 points lower, or ...