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Showing 1871 - 1880 of 2385 results for "Citi"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 FEB 2009
The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ...

Sovereign funds lose out after bank bail-out

MICHELLE BALTAZAR  |  TUESDAY, 24 FEB 2009
... government, in concert with the Federal Reserve and other related agencies, announced that it would put the major US banks, such as Citi and Bank of America, through an evaluation test that would assess whether they needed additional capital buffer. ...

REST ramps up credit exposure

MICHAEL HOBBS  |  TUESDAY, 24 FEB 2009
Retail Employees Superannuation Trust (REST) extended the fund's credit exposure by investing $150 million in the Credit Suisse Syndicated Loan fund and $100 million Stone Tower's Offshore Credit fund in December. Damian Hill, REST chief executive ...

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
To nationalise or not to nationalise - that is the question. US equity markets continued to reel on speculation that America would soon become a Socialist State - that is it would control finance which is the lifeblood of the economy. Among notable ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 FEB 2009
The Australian share market is likely to open lower after shares on Wall Street slid again on Monday. All three key Wall Street indices were down, as were oil, gold and silver. Copper was up, however. At 0757 AEDT on the Sydney Futures Exchange, the ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
Been there, done that. More money poured and promised to be poured into the economic and financial systems have not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Drinking is bad

BENJAMIN ONG  |  WEDNESDAY, 18 FEB 2009
What happens in Rome stays in Rome. Or so it should have been were it not for the sudden resignation of Japan's Finance Minister following the meeting of G7 finance ministers and central bankers on Valentine's Day. Japanese Finance Minister Shoichi ...

Africa wants slice of bail-out

MICHELLE BALTAZAR  |  WEDNESDAY, 11 FEB 2009
Africa's leaders urge governments in the US, Europe and Asia to add an African component to their stimulus packages so the continent continues its economic turnaround after the GFC. "We call on rich countries to keep Africa in mind as they design programs ...

Halmarick joins CFS

COMPANY RELEASE  |  TUESDAY, 3 FEB 2009
Former Citigroup managing director Stephen Halmarick joins Colonial First State Global Asset Management as head of investment markets research. With a career spanning more than 23 years, Halmarick was most recently managing director and co-head of Citigroup's ...