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Showing 341 - 350 of 397 results for "Washington"

Market Wrap - Morning

AAP  |  THURSDAY, 20 NOV 2008
... Stocks finished at their lows of the session after the automakers pleaded for relief during a second day of hearings in Washington. The heads of General Motors Ford and Chrysler are asking for a massive infusion of cash to prevent millions of layoffs ...

Humpty Dumpty Syndrome

BENJAMIN ONG  |  THURSDAY, 6 NOV 2008
... we? The US president-elect has a mammoth task ahead - even before he enters the gates of 1600 Pennsylvania Avenue in Washington. The wars in Iraq and Afghanistan, climate change and the economic and financial crisis, among others, have demeaned America's ...

AIG secures extra A$54bn in liquidity

ALEX DUNNIN  |  FRIDAY, 10 OCT 2008
... previously lent by AIG's insurance company subsidiaries to third parties," said the Fed in a statement. According to the Washington Post, the cash extension was required because since the financial turmoil began, AIG customers have been redeeming bonds ...

US Senate passes bail-out 74 to 25

ALEX DUNNIN  |  THURSDAY, 2 OCT 2008
... and A$30 billion from bond funds in September, 12 times the amount withdrawn in August, according to reports in the Washington Post. Political and economic tensions over the bail-out bill have been exacerbated by both sides lecturing each other over ...

Market Wrap - Morning

AAP  |  MONDAY, 29 SEP 2008
... the 30-stock index. Most of the advance came late in the session as traders placed bets that a deal would emerge from Washington over the weekend. But broader indicators were mixed. The Standard & Poor's 500 index rose 3.83 points, or 0.32 per cent to ...

Market Wrap - Morning

AAP  |  THURSDAY, 25 SEP 2008
... released. ANZ chief executive Mike Smith will speak at an Australia Israel Chamber of Commerce (AICC) lunch in Sydney. Washington H Soul Pattinson & Co Ltd will deliver its full year results, as will Brickworks and crop protection group Nufarm Ltd. Mirrabooka ...

Borrow from Peter to pay Paul

BENJAMIN ONG  |  TUESDAY, 23 SEP 2008
... start to digest the implications of the US administration's rescue package - which until now is still being debated in Washington - and confirms our theory that the spectacular two-day rally have been partly as a result of investors and speculators covering ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... Wachovia. Likewise, it was reported that JP Morgan, Citigroup, Bank of America and Wells Fargo may bid for parts of Washington Mutual. And we are talking here only about the big institutions deemed 'too big too fail.' Surely, the smaller ones that are ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group reminded investors that the problems in the US financial sector remain. Even the National ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... market dragged around by reports and speculation about the fate of two troubled financial firms, Lehman Brothers and Washington Mutual. In a volatile session that saw gains and losses reverse several times, the Dow Jones Industrial Average ended with ...