Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 291 - 300 of 370 results for "US Government"

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... Mrs. Jones owning two of the biggest global banks and they can choose the latest model Chrysler, GM or Ford. The US government has already injected a huge amount of taxpayers' money into Citigroup and Bank of America by buying preferred shares in these ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 FEB 2009
... level since October 27. HONG KONG - Hong Kong's main index surged nearly four per cent on Monday amid reports the US government might take a bigger stake in troubled banking giant Citigroup. The blue-chip Hang Seng benchmark closed up 475.93 points ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 FEB 2009
... on Wall Street last night," CMC Markets market analyst David Taylor said. A lack of detailed information in the US government's economic stimulus package was deterring investors, he said. "So markets over there are very, very shaky, European and US banks ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... world will continue to buy US bonds as fast as the Treasury could issue them. This is the tragedy. The Fed and the US government are rewarding its citizens' irresponsible behaviour and the rest of the world is feeding America's irresponsible behaviour. ...

Market Wrap - Midday

AAP  |  FRIDAY, 13 FEB 2009
... Bank added four cents to $30.99. On Wall Street on Thursday, US stocks staged a stunning comeback on reports the US government plans to subsidise mortgage payments for troubled homeowners. The Dow Jones Industrial Average had fallen nearly 250 points ...

Market Wrap - Morning

AAP  |  FRIDAY, 13 FEB 2009
... gained 40.4 points, or 1.18 per cent, to 3,458.5. NEW YORK - US stocks staged a stunning comeback on reports the US government plans to subsidise mortgage payments for troubled homeowners. The idea of help for homeowners was more impressive than the ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... plans to ensure that the buck goes where it will produce more bang. Reminds me of a US CEO who used part of the US government's money to bail-out his company to refurbish his office. It would be irresponsible of them to hand government a carte blanche ...

Market Wrap - Morning

AAP  |  TUESDAY, 10 FEB 2009
The Australian share market is likely to open flat as Wall Street awaits details of the US government's overhaul of a $US700 billion ($A1.04 trillion) financial rescue program. At 0700 AEDT on the Sydney Futures Exchange, the March SPI futures index ...

Market Wrap - Morning

AAP  |  MONDAY, 9 FEB 2009
... NEW YORK - Wall Street soared over 2.7 per cent on Friday to end four weeks of falls, in anticipation of another US government stimulus package being approved by Congress. Worse than expected employment figures were seen as added pressure on Congress ...

Local super funds welcome Obama admin move

MICHAEL HOBBS  |  TUESDAY, 27 JAN 2009
... likely have a direct impact on how those agencies operate in Australia," she said. This follows news reports that US government officials are seeking to place financial services providers and financial instruments under a "larger regulatory umbrella" ...