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Showing 271 - 280 of 315 results for "Obama"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 FEB 2009
... anxiety about the economy. With its dose of positive news Tuesday, the market grew more upbeat ahead of a President Barack Obama's inaugural State of the Union address to Congress. Beaten-down financial shares gained as investors hoped for better insight ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... not convinced equity markets that the 'beginning of the end' of the global financial crisis is nigh. US President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last week. His ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
Fizzler. This is the equity market's verdict on US President Barack Obama's latest salvo on preserving the 'American Dream'. If the Dow's overnight fall to a six-year low is anything to go by, yesterday's unveiling of the US$275 billion Homeowner Affordability ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
Yes we can! And again, Yes we can! In trying to make this slogan come true, US President Barack Obama has taken the concept of moral hazard from Wall Street to Main Street. Just one day after he signed his autograph on a piece of paper turning the US$787 ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 FEB 2009
... dropped 45.3 points, or 1.33 per cent, to 3,366.9. NEW YORK - Stocks declined on Wall Street on Wednesday as President Barack Obama released details of his $75 billion mortgage relief plan and investors remained uncertain about the prospects for the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 FEB 2009
... Federal Reserve's regional manufacturing index showed a much deeper contraction in activity than expected. President Barack Obama is set to sign the $US787 billion ($A1.21 trillion) stimulus package into law on Tuesday. He will also be outlining a plan ...

Market Wrap - Morning

AAP  |  MONDAY, 16 FEB 2009
... it with a weekly decline of 5.2 per cent. The gears are moving in Washington. On Friday, the White House said President Obama will outline steps to stem home foreclosures next Wednesday, and the House passed a $US787 billion economic stimulus bill. Wall ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... Street's benchmark equity indices down almost 5 per cent overnight. Not even reports that the US Senate has approved President Obama's US$838 billion economic stimulus package proved enough to contain investors' angst. The Financial Stability Program ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... government's latest fiscal dole-outs. Wall Street sat on the fence overnight as investors await the approval of US President Barack Obama's proposed stimulus package. The Senate is scheduled to vote on the legislation tomorrow morning (Australian time). ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 FEB 2009
... stocks rallied late in trading, powered by the banking sector on expectation the US congress will approve President Barack Obama's plan to stimulate the recession-hit US economy. In London the FTSE 100 index added 15.74 points, or 0.37 per cent, to close ...