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

Search Results

Showing 321 - 330 of 370 results for "US Government"

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
Financial markets' attention remains centred on what the US government's 'mother of all bailouts' will eventually turn out to be and more important, how much it will cost. Just as the Financial Standard Intelligence Unit (FSIU) predicted, equity markets ...

Market Wrap - Morning

AAP  |  TUESDAY, 23 SEP 2008
... negative lead from Wall Street, where volatility swept across the financial markets as doubts intensified over the US government's $US700 billion bailout of the banking sector. At 0744 AEST, the Sydney Futures Exchange's December Share Price Index contract ...

Market Wrap - Midday

AAP  |  MONDAY, 22 SEP 2008
... 33,537 contracts. The market got off to a positive start following a good lead from Wall Street on Friday after the US government unveiled a $US700 billion ($A841.04 billion) salvage plan for US financial firms. "We're seeing buying on the financials ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
... event has provided us with the very tangible and expensive lesson on extreme greed and fear. The problem is that the US government has now indelibly etched into the markets' subconscious that it will always be there to play the 'greater fool.'

Market Wrap - Morning

AAP  |  MONDAY, 22 SEP 2008
... rose 431.3 points, or 8.84 per cent, to 5,311.30 points on Friday, driven by massive gains in the banks after the US government announced a plan to cordon off the debt and toxic investments at the heart of the global credit crunch. FRANKFURT - The DAX ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... or two 'big' institutions at one time, but when it becomes an avalanche, look out below." So far this year, the US government has committed around US$320 billion in taxpayers money to salvage four sinking financial institutions - Bear Sterns (US$30 billion) ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... was not the case back in the good ol' days (or bad ol' days depending on how you look at them). Before WWII, the US government took a laissez faire approach, i.e., they left the economy and the markets to their own devices. Unemployment benefits and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 SEP 2008
... the energy sector. The latest unease punctured a sense of optimism about the financial sector which followed the US Government's decision over the weekend to seize control of mortgage lenders Fannie Mae and Freddie Mac. The Dow Jones Industrial Average ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 SEP 2008
... higher as investors bets that a recovery in the financial and housing sectors is more likely to occur following the US Government's move to bail out mortgage giants Fannie Mae and Freddie Mac. The Dow Jones Industrial Average rose 289.78 points, or 2.58 ...

Saved by the Fed

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
... Troubled mortgage giants Fannie Mae and Freddie Mac will be reborn in a four-pillar strategy put forward by the US government - a move that brought fast relief to the credit markets. After more than a month of deliberations, the Treasury, the Federal ...