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Showing 261 - 270 of 296 results for "House of Representative"

Market Wrap - Midday

AAP  |  THURSDAY, 2 OCT 2008
The Australian stock market was lower at noon, shortly after the US Senate approved the Wall Street bailout package. Shortly before noon AEST, the Senate voted 74-25 in favour of the $US700 billion ($A887 billion) package aimed at keeping the US economy ...

Rescuing the rescue package

BENJAMIN ONG  |  THURSDAY, 2 OCT 2008
An eerie calm fell over Wall Street and European markets overnight as investors sat on the fence ahead of the US Senate's vote over the financial sector rescue package. The Senate is widely expected to rescue the rescue package but it would not become ...

Head or tails?

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2008
Heads, you lose US$1 trillion. Tails, you lose US$700 billion. This is the stark 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 ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
You call last week a sell-off, this is a sell-off. Wall Street is now more than US$1,000,000,000,000 (US$1 trillion) cheaper as investors dumped stocks following news of the US House of Representatives' rejection of the US$700 billion financial sector ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
Stocks listed on the Australian Securities Exchange could be in for a shellacking today, led down by the financial and resources sectors, after the US House of Representatives rejected a $US700 billion rescue package this morning. At 0809 AEST, the ...

Market Wrap - Morning

AAP  |  FRIDAY, 19 SEP 2008
The Australian stock market has received a positive lead, with Wall Street shooting higher on reports the federal government may create an entity that will take over banks' bad debt. At 0738 AEST, the Sydney Futures Exchange's December Share Price Index ...

Market Wrap - Morning

AAP  |  MONDAY, 8 SEP 2008
The Australian stock market has received a weak lead from overseas markets, with Wall Street ending mixed on Friday and commodities lower. At 0736 AEST, however, the September share price index futures contract on the Sydney Futures Exchange was up ...

Econocrats pour cold water on mortgage agency

The Australian government's two key economic agencies yesterday reiterated their view that the market for mortgage-backed securities would recover, and that there was no case for any form of government-sponsored mortgage funding agency. In his opening ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 AUG 2008
The Australian stock market is expected to open lower today as recent US optimism ebbed and oil reversed its recent decline. At 0732 AEST, the September share price index futures contract on the Sydney Futures exchange was 58 points lower at 4,917. ...

Account switching is too much trouble

In a parallel for consumer complaints about the difficulty in changing super funds, a new survey has shown that a majority of people think switching banks is too much of a hassle. Fifty-four per cent of the 2000 respondents to a Research International ...