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| | | My mother once - yes, only once - told me that if you go out looking for trouble, you're gonna find one. That's exactly what happened in the financial markets while we were sleeping. Not content with the troubles plaguing Europa, investors looked to ... |
| | | | Two US Congressional Democrats have announced they will again present legislation to introduce a US transaction tax modelled on the European transaction tax that is already set to take effect from 2014. Senator Tom Harkin and Congressman Peter DeFazio ... |
| | | | ... response was impossible. TEHRAN - Several Iranian banks have been targeted in one of the biggest frauds in the Islamic republic's history, losing nearly $US2.6 billion ($A2.46 billion) in more than two years, media reports say. LOCAL NEWS SYDNEY - The ... |
| | | | US president Barrack Obama has defied critics who thought his climbdown last month with Congress over the debt ceiling would make him gun-shy, by proposing a jobs stimulus package that is nearly as big as the entire Australian commonwealth annual budget. ... |
| | | | ... after Iran dispatched ships to the Red Sea on a patrol mission saying it would "display the capabilities of the Islamic Republic of Iran". New York's main contract, light sweet crude for delivery in October, fell 36 cents to $US88.54 per barrel in the ... |
| | | | Ok folks, just a few more sleepless nights then perhaps we can all rest easy and enjoy the next ride up in the equity markets. Big Benny is due to speak at Jackson Hole in front of other central bankers on the 26th - yup, that's three days from now. ... |
| | | | The Australian share market is expected to decline following falls on Wall Street overnight on scepticism about the deal to resolve the US debt crisis. At 0717 AEST on the ASX 24 on Tuesday, the September share price index futures contract was down ... |
| | | | The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ... |
| | | | Australian shares may decline slightly after US stocks fell on Friday as talks to reach an agreement over the US debt ceiling continued to feed market uncertainty. But mining stocks may gain after some metals, including gold, silver and copper, rose. ... |
| | | | "Increasing America's overdraft beyond $14.3 trillion should have been relatively simple." Not my words ladies and gents, but that of the revered "The Economist" magazine. Simple and yet, here we all are, still watching on the edge of our seats, still ... |
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