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Showing 151 - 160 of 190 results for "US housing"

Market Wrap - Morning

AAP  |  MONDAY, 12 NOV 2007
... lower following a weak lead from Wall Street on Friday after investor worries intensified about bank troubles from the US housing crisis. At 0800 AEDT on the Sydney Futures Exchange, the December share price index was down 78 points to 6504. Today, the ...

Raging bull in sub-prime abattoir

SUZY MAC  |  THURSDAY, 25 OCT 2007
... bank said the losses were in collateralised debt obligations (CDOs), and defaulting sub-prime mortgages related to the US housing problems and global credit crunch. Merrill's CEO said they were working to resolve the remaining impact from their positions ...

Market Wrap - Midday

AAP  |  MONDAY, 22 OCT 2007
... sell-off. The US market was also depressed by warnings from a major company of imminent recession and concerns about the US housing market. At 1220 AEST, the benchmark S&P/ASX200 index had recovered a little from early morning drops to be down 137.8 ...

Market Wrap - Morning

AAP  |  MONDAY, 22 OCT 2007
... plunged over 2.6 per cent as construction and mining equipment maker Caterpillar Inc cut forecasts and warned that the US housing slump was spreading to the wider economy. The big drop came on the 20th anniversary of the 1987 market crash. The Dow Jones ...

Under-building down under

SUZY MAC  |  MONDAY, 15 OCT 2007
... it had further slowed to 2.6 per cent and latest figures to end June 2007 have US growth at just 1.9 per cent. The US housing market is now correcting from a period of over building, tightening monetary policy and a consequential doubling of foreclosures ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 OCT 2007
... rally and two brokers downgraded Merrill Lynch & Co, citing its exposure to credit market turmoil. Concern that a weak US housing sector could impact on energy demand contributed to a drop in oil prices, pulling energy shares lower. The Dow Jones industrial ...

Market Wrap - Midday

AAP  |  THURSDAY, 6 SEP 2007
... "I think people don't believe this is a one-off incident that will resolve... there's some underlying problems with US housing and the sub-prime crisis and people over-extending themselves and mortgage lenders over-extending themselves. "(So) everyone's ...

Debt climbs, home values fall

SUZY MAC  |  MONDAY, 27 AUG 2007
... 1950. Economists forecast the decline, estimated at 1-2 per cent, will likely continue through 2008 and 2009. While the US housing slump is rattling cages in the financial markets, its so far modest effect on consumer spending is set to intensify as ...

From rooster to feather duster

SUZY MAC  |  MONDAY, 30 JUL 2007
... sub-prime sector to leveraged loans, investment grade bonds, equities and high yield currencies. For the last year the US housing downturn seemed largely confined and companies took full advantage of cheap borrowing to fuel leveraged buyouts and stock ...

Economic round-up: Mortgage meltdown misery

SUZY MAC  |  THURSDAY, 12 JUL 2007
... state of the US sub-prime mortgage sector and the crisis looks to continue with further losses expected. The worst US housing slump since the 1990's, has seen losses mounting on mortgages granted to people with poor credit histories. Borrowers in this ...