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Showing 2271 - 2280 of 2576 results for "Treasury"

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
... hopefully big enough to contain all of the toxic debts that has been choking the financial system for more than a year. The Treasury plans to buy failed assets and guarantee money market securities. The Fed invoked its emergency powers and announced ...

Market Wrap - Morning

AAP  |  MONDAY, 22 SEP 2008
... stronger today, with Wall Street extending its rally on Friday as investors returned to the market on the back of a US Treasury plan to restore calm to the financial system. At 0745 AEST, the Sydney Futures Exchange's December Share Price Index contract ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... Jones Industrials index as investors speculated which mole's head would be the next to pop out and whacked by the US Treasury/Fed tandem. The Financial Standard Intelligence Unit's (FSIU) daily market comment published last 16 September is worth repeating ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
... morning. The US Fed has just confirmed the arrangement. "The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... Federal Reserve's decision to keep interest rates on hold at 2 per cent before recovering on news reports that the US Treasury is considering taking over the American International Group (AIG) under a conservatorship - similar to Fannie and Freddie. ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
... five-year maturity, it is still offering a coupon of 130 bps over swap. Pricing is scheduled for September 22. Queensland Treasury Corporation raised a further NZ$175 million in New Zealand after adding NZ$325 million to its September 2017 kauri issue ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
This Week's Market Movers (15 - 19 Sep 2008) The market jubilation that followed the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
... England members, led by Governor Mervyn King, before the UK Parliament. King noted that since he last spoke before the UK Treasury Committee, inflation had risen significantly and that the growth outlook has deteriorated., adding that 'financial market ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... sector. In turn, the problems in the financial sector feed into the US economy, which drags the global economy. The US Treasury's action was designed to lower mortgage rates and ease the credit crunch. As discussed in yesterday's report, 'the liquidity ...

IFSA heads to China and HK

MICHAEL HOBBS  |  TUESDAY, 9 SEP 2008
... Australia and the region. The group is made up of senior industry representatives and government officials from Austrade and Treasury. "This delegation follows on from the Qualified Domestic Institutional Investor (QDII) recognition agreement between ...