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Showing 3071 - 3080 of 3556 results for "October 27"

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
The current financial market turmoil indicates that one central bank working alone, even if it is the mighty Fed, is unable to contain the panic and restore confidence in the financial system. Locally, the RBA has led the way - but again, this is a ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
The Australian share market has received a negative lead from Wall Street after stocks dropped for a fifth day as investors shrugged off signs the US Federal Reserve will cut interest rates and focused concern on financial companies' balance sheets. ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
Following last Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
Financial markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the ...

Managers hit back on shorting ban

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Perpetual, Platinum and K2 have responded to ASIC's recent ban on short selling - arguing that the move will hurt the futures market and cast undeserved doubts on the legitimacy of shorting as a valid investment strategy. Perpetual Investment general ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
Equity markets rebounded sharply at the end of last week's trading as America's administrative, fiscal, monetary and regulatory authorities combined to wrench the claws off the credit squeeze that, last week, threatened to strangle the US financial ...

Market Wrap - Midday

AAP  |  FRIDAY, 19 SEP 2008
Financial stocks buoyed the Australian share market at noon after a strong late-session rally on Wall Street early this morning recovered much of yesterday's losses. At 1200 AEST, the benchmark S&P/ASX200 had gained 208.3 points, or 4.52 per cent to ...

No more short cuts

MICHELLE BALTAZAR  |  FRIDAY, 19 SEP 2008
UK's financial services regulator has stepped in to ban the shorting of UK bank shares and other financials from today until January next year - mirroring the US regulator's move to tighten rules on short-selling to thwart speculators from causing more ...

Mahogany assesses Lehman exposure

MICHAEL HOBBS  |  FRIDAY, 19 SEP 2008
Australian Securities Exchange (ASX) listed, Mahogany Capital is voluntarily suspending the trading of its $75 million Notes Series I ahead of possible financing issues with Lehman Brothers. The firm announced the trading halt two days ago and then ...

Market Wrap - Morning

AAP  |  THURSDAY, 18 SEP 2008
The Australian stock market has received a strong negative lead, with Wall Street indices crashing more than four per cent overnight. Oil, gold and silver rebounded as investors sought safe havens. At 0716 AEST, the Sydney Futures Exchange's September ...