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Showing 1641 - 1650 of 1850 results for "Prime"

Debt climbs, home values fall

SUZY MAC  |  MONDAY, 27 AUG 2007
... households have their own issues with overextending and according to Moody's Investors Services, delinquencies in our own sub-prime market are at record high levels. Moody's analyst Ilya Serov said, "Delinquency rates have trended upwards for the past ...

BNP thaws out frozen funds

CHRIS NICHOLLS  |  MONDAY, 27 AUG 2007
BNP Paribas has announced it will re-open three hedge funds frozen earlier this month as a result of the US sub-prime crisis. The BNP Paribas ABS Euribor and BNP Paribas ABS Eonia funds will re-open to subscriptions and redemptions tomorrow, while the ...

Market wrap - midday

AAP  |  THURSDAY, 23 AUG 2007
... Brown. It's been one of the stocks that have been sold heavily in recent weeks because it was embroiled somewhat with the sub-prime mortgage story." Mr Whiting said he expected the market to be able to hold firmly to its gains today. "I certainly think ...

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
... were raised over their involvement these kind of riskier investments. Now, with many CDOs exposed to the failing US sub-prime mortgage market, those concerns have become reality. As a leading investment adviser to local councils, Grange Securities sold ...

Bargains emerge in global REITs

... Baltimore-based property group LaSalle Investment Management, said that the swell of misinformation or lack of it on the sub-prime malaise, triggered an uncalled for de-rating of commercial real estate around the world. "In the year to date, commercial ...

Howard flags infrastructure fund

CHRIS NICHOLLS  |  TUESDAY, 21 AUG 2007
The Prime Minister John Howard has announced plans to establish an infrastructure fund similar to that proposed by the Labor party, with a minimum of one per cent of budget surpluses to go into the fund. The announcement came as part of his five-year ...

Fed shoots from the hip

SUZY MAC  |  MONDAY, 20 AUG 2007
... In a huge turnaround of priorities, the US Federal Reserve, which last week was more concerned about inflation than a sub-prime activated credit crunch, decided to cut its discount rate by 0.5 per cent to 5.75 per cent. The Fed charges this rate on its ...

Market wrap - morning

AAP  |  MONDAY, 20 AUG 2007
... choppy day's trading on lower commodity prices and a lacklustre lead from US markets still buffeted by concerns over US sub-prime mortgages. The benchmark S&P/ASX200 index lost 40.5 points to 5671.0 and the All Ordinaries lost 41.9 points to 5670.3. ...

Market Wrap - Midday

AAP  |  FRIDAY, 17 AUG 2007
... market had settled slightly at noon after a volatile morning but that nervousness on the market continued over the US sub-prime issue. "We are up at the moment, but we've had a very dramatic morning. Things are starting to settle a bit and we are not ...

Market Wrap - Midday

AAP  |  THURSDAY, 16 AUG 2007
... damaged Wall Street. "The market is going down because we have taken our lead from the uncertainty surrounding the US sub-prime credit crunch," he said. "We were overdue for a correction but this is taking our breaths away. It's like you've jumped off ...