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Showing 361 - 370 of 533 results for "Congress"

Obama punts on US$300bn jobs package

ALEX DUNNIN  |  THURSDAY, 8 SEP 2011
US president Barrack Obama has defied critics who thought his climbdown last month with Congress over the debt ceiling would make him gun-shy, by proposing a jobs stimulus package that is nearly as big as the entire Australian commonwealth annual budget. ...

Former AFA president gets Asia-Pacific appointement

RACHEL DAVIS  |  TUESDAY, 23 AUG 2011
... associations in member countries. Dr Taggart was elected to the APFinSA Board at the Asia Pacific Life Insurance Council Congress held in Singapore. The objective of the Congress, which is held every two years and attracts around 8,000 delegates, is ...

Market Wrap

AAP  |  WEDNESDAY, 3 AUG 2011
Australian shares opened almost two per cent lower following a horror session on Wall Street, amid fears that the US may be slipping back into recession. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was down 83.3 points, or 1.88 per cent ...

S.O.S

BENJAMIN ONG  |  WEDNESDAY, 3 AUG 2011
... US economy threatening to again unravel, there's a strong likelihood for another QE. Recall that in his testimony to Congress last month, Big Benny declared that, "... given the range of uncertainties about the strength of the recovery and prospects ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
... raising the government's debt ceiling and averting a potentially disastrous default headed for a contentious vote in Congress. The Dow Jones Industrial Average shed 10.75 points (0.09 per cent) to close at 12,132.49. The broader S&P 500 dropped 5.34 ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ...

Market Wrap - Midday

AAP  |  MONDAY, 1 AUG 2011
... a lot of relief that a deal has been done," he said. "It's a good first step." The deal still needs to be approved by Congress and includes the establishment of a bipartisan committee of Congress to report back by November, with a proposal to further ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
Deal! This single word was music to the ears of investors everywhere. After weeks of restless anxiety, it came to pass - the powers-that-are in Washington agreed to raise the nation's US$14,300,000,000,000 debt ceiling. True to script the negotiations ...

Complicating the simple

BENJAMIN ONG  |  FRIDAY, 29 JUL 2011
... whether the deficit reduction bill presented by House of Representatives Speaker John Boehner, the top Republican in Congress, would overcome objections from conservative rebels in his own party and pass the Republican-controlled House." I could go on ...

Higher US interest rates possible on downgrade

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
... in decline, spooked by the threat of the US losing its AAA rating on Treasury securities due to the failure of the US Congress to reach agreement on raising the debt ceiling. US markets suffered their worst one-day drop in two months overnight with the ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI  |   11:09AM
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA  |   12:20PM
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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