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Showing 2261 - 2270 of 2576 results for "Treasury"

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
... Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization Act of ...

Head or tails?

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2008
... choice that stares the US Congress in the face after seeing the market pandemonium that followed their rejection of the Treasury/Federal Reserve's bail-out package. Relative calm returned to Wall Street and European markets overnight on renewed optimism ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... around the world. In rejecting the bail-out package, the US Congress indicated that it was not totally convinced by the US Treasury and the Federal Reserve's doomsday scenario. Last night's market action gave them a tangible taste of what was to come. ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
... 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 reported ineffectivesness in arguing his administration's own strategy, which was seen as ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... financial market activity last week as investors ignored economic data and focused on developments surrounding the US Treasury/Federal Reserve negotiations with Congress over their proposed bail-out package. Equity and bond markets seesawed with every ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... Financial markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... extreme scenarios - a positive and a negative -- that could arise as a consequence of the US Congress' passing the US Treasury/Federal Reserve's 'mother of all bail-outs' package. Last night, the Paulson/Bernanke tandem told Congress what they think ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
... bail-out private firms without adequate national interest justification. The fears highlight the inability so far of Treasury Secretary Henry M Paulson to adequately explain how the rescue strategy will address the economic and regulatory breakdown that ...

Defensive fixed income wins

RUTH LIEW  |  TUESDAY, 23 SEP 2008
... stuck to their guns to steer clear of these products and the results have yielded fruit, he said. The firm's Diversified Treasury fund has been a star performer, taking a 2 per cent lead over its nearest competitor and yielding a 5.96 per cent total ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
... proposed US$700 billion rescue package would be insufficient to clean up the financial sector mess. And this was before US Treasury Paulson proposed to expand the type of illiquid debts that will be included in the rescue. Last night, Paulson said that ...