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Showing 191 - 200 of 315 results for "Obama"

Bad news is good news is bad

BENJAMIN ONG | MONDAY, 11 OCT 2010

... deficit, the US passed the healthcare reform bill - an extra cost to employers. In the name of reducing the budget deficit, Obama is reportedly planning to propose a VAT (value-added tax). In the name of reducing the budget deficit, Obama is thinking ...

More US investment banks close prop desks

JOHN MCDULING | FRIDAY, 1 OCT 2010

... Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed by the US congress and signed into law by President Obama in July, incorporated the "Volcker Rule", which prohibits investment banks from engaging in proprietary trading and ...

Market Wrap - Midday

AAP | TUESDAY, 21 SEP 2010

... with before they get overly optimistic with the scenario at this point of time," Mr Muller said. "And (US president Barack) Obama talked up the prospects of further fiscal stimulus last night, so it's probably a bit cautious." On Wall Street overnight ...

Recession over, now for the recession

BENJAMIN ONG | TUESDAY, 21 SEP 2010

... cost, perhaps much too much. But the toll on the economy would have been much, much worse had Big Ben and "Yes, we can!" Obama simply sat and tweedled their thumbs. That's the good news. Now for the bad. US economic growth remains painfully slow. "In ...

Rewind and replay

BENJAMIN ONG | FRIDAY, 10 SEP 2010

... "she'll be right mate!" But while risk assets hate volatility - bad for equities -- those in tune with the Fed's and the Obama administration's current way of thinking would have noted by now that the odds favour further equity market gains. All else ...

Planes, trains & automobiles and the bush

BENJAMIN ONG | TUESDAY, 7 SEP 2010

... Uncle Sam. Shovel ready. Those worrying about the 121,000 government jobs lost in August should worry no more. President Obama will provide... and more. Yes he can! President Obama announced a US$50 billion spending programme to modernise, rebuild or ...

Home trouble

BENJAMIN ONG | WEDNESDAY, 25 AUG 2010

... science degree to know that to reduce or clear the number of unwanted homes prices have to fall, or for the Fed and the Obama administration to re-stimulate the housing sector or for the economy to grow strong enough to create jobs - or all of the above. ...

Not a jobless double-dip

BENJAMIN ONG | MONDAY, 9 AUG 2010

... outlook "unusually uncertain", the GFC still fresh in their minds and the uncertainty over regulations being cooked up by the Obama administration (health care reform?). But with rising profits, they're bound to spread the joy - either through increased ...

US fin reforms win pension fund support

MEDIA RELEASE | THURSDAY, 22 JUL 2010

The biggest pension fund in the US, CalPERS, has applauded President Barack Obama's new federal financial reform law that holds credit rating agencies more accountable for their ratings and imposes tougher requirements on hedge funds. The $233 billion-plus ...

Market Wrap - Morning

AAP | FRIDAY, 16 JUL 2010

... economy. More uncertainty was lifted from the market late in the day, when the Senate passed and sent to President Barack Obama the financial regulation bill. A series of disappointing economic reports had sent the Dow Jones industrials down nearly 100 ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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