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| | | Australian stocks remained strong at noon, led by the financial sector, after rebounding this morning from Friday's horror session. At 1200 AEDT, the benchmark S&P/ASX200 was up 191.1 points, or 4.82 per cent, to 4153.8, while the broader All Ordinaries ... |
| | | | The Australian share market is expected to open slightly higher after US stocks slowed their declines on Friday. The Dow Jones Industrial Average and S&P 500 Index fell 1.49 per cent and 1.18 per cent respectively while the NASDAQ managed to gain 0.27 ... |
| | | | ... Approximately $69 billion has been wiped off the value of All Ordinaries stocks so far today, and $170 billion since last Friday's close. At 1200 AEDT, the benchmark S&P/ASX200 was down 282.3 points, or 6.53 per cent, at 4038.6, while the broader All ... |
| | | | ... sector rescue package. The Senate is widely expected to rescue the rescue package but it would not become a bill until Friday when it is sent back to the House of Representatives for their vote. To make the US$700 billion plan more palatable to taxpayers ... |
| | | | ... Rainmaker managing director who is currently in Wall Street. Expectations surrounding the vice presidential televised debate on Friday, political posturing on both sides of the house and Congress being almost in "caretaker" mode in preparation for the ... |
| | | | ... target St George Bank lost 16 cents to $31.34. National Australia Bank picked up 22 cents, or 0.85 per cent, to $26.02. On Friday in the US, financial markets remained on edge after the Bush administration's proposal for a $US700 billion banking bailout ... |
| | | | Australia may be a small country but it took Prime Minister Kevin Rudd's 2,700 word speech to the United Nations on Friday to articulate a way out of the global financial mess. The speech was in contrast to US Treasury secretray Henry Paulson's widely ... |
| | | | ... one of the three-day Coal Tech 2008 conference. In Western Australia, it is a public holiday for the Queen's Birthday. On Friday, the benchmark S&P/ASX200 index closed down 22.64 points, or 0.45 per cent to 4904.75, while the broader All Ordinaries lost ... |
| | | | ... gone 'On Hold' rather than wait and see, is [in response] to the sheer number of foreign regulators that jumped in late on Friday about [short selling]," said Scott. However, Scott stressed that the "On Hold" rating will be retained only until fund managers ... |
| | | | ... position," he said. Meanwhile, IFSA's deputy chief John O'Shaughnessy said the association had discussed the rulings on Friday and again on Sunday to determine the impact on the funds management industry. "The issues we're interested in is what we might ... |
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