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Showing 231 - 240 of 289 results for "US Treasury"

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
... could sidestep another negative quarter. If this happens, other Asian countries will also suffer. The passage of the US Treasury Asset Relief Program may be able to provide some relief to financial markets, but it is too late to stop the downward momentum ...

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 ...

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 ...

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
... market. Benjamin Ong, director of economics and investments for the Financial Standard Intelligence Unit, said, "If the US Treasury or Fed agrees to bail-out AIG, they would be most likely be forced to revise aspects of their operations as they will ...

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. ...

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 ...