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Showing 2991 - 3000 of 3072 results for "Benjamin"

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
"Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe. This turmoil would directly and negatively impact ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
This Week's Market Movers (8 - 12 Sep 2008) The financial market volatility of the previous months spilled over into September. Weakening economic growth, falling commodity prices and political uncertainty in the US -- government is on hold until the ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
Here we go again. If the overnight performance of the European and US stockmarkets are anything to go by, Asian and Australian equities are in for another rough trading day. Wall Street and European bourses tumbled last night as fears of a global slowdown ...

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
The latest National Accounts figures gave credence to the Reserve Bank of Australia's decision to lower the official cash rate by 25 basis points to 7 per cent. Australian real gross domestic product advanced by a meagre 0.3 per cent in the June quarter ...

One down, more to follow?

BENJAMIN ONG  |  WEDNESDAY, 3 SEP 2008
The Reserve Bank of Australia (RBA) delivered on market expectations and cut the official cash rate by 25 basis points to 7.0 percent. The ink on the RBA's decision has barely dried but markets were at it again, expecting another quarter of a percent ...

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
The Reserve Bank of Australia (RBA) will convene its monthly Board meeting at 9:30 AM today. By 2:30 PM, financial markets will either get confirmation or disappointment on several weeks of speculation that the RBA will lower the official cash rate ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
This Week's Market Movers (1 - 5 Sep 2008) Four of the world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) ...

Rate cut? maybe not

BENJAMIN ONG  |  FRIDAY, 29 AUG 2008
There we have it, capital investment by Australian companies - past and planned -- remains solid. This underscores the domestic economy's resilience to the turmoil in the credit markets and the weakening global economy. However, instead of completely ...

A$ backpedals

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2008
The Australian dollar is fast becoming the victim of the worsening global growth outlook. The A$ fell by 1.6 per cent against the US dollar to around US$0.8550 and by 1.7 per cent vis-a-vis the yen to about Y93.50. Reports that the International Monetary ...

Bad news galore

BENJAMIN ONG  |  TUESDAY, 26 AUG 2008
A fresh wave of negative news on the credit market, growth worries and a decline in commodity prices overnight will put downward pressure on today's trading in the Australian stockmarket. Renewed concern over the financial sector and the outlook for ...