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

Search Results

Showing 361 - 370 of 499 results for "Homes"

Market Wrap - Morning

AAP  |  THURSDAY, 27 MAY 2010
... after a shrinkage of 0.9 per cent in 2009. Data also showed the US recovery firming, with an unexpected rise in sales of new homes and new orders for big-ticket US manufactured goods in April. At the close, the Dow Jones Industrial Average was down 69.30 ...

Hold, Fold or Run

BENJAMIN ONG  |  TUESDAY, 25 MAY 2010
... more Americans will be able to qualify for home loans. With lower mortgage rates, homebuyers can refinance their existing homes and the money saved could be spent on consumption. And this is just another indication -- among many we've seen over the past ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 APR 2010
... tough restrictions on banks. When he didn't, stocks recovered. Prices also got a boost from a jump in sales of existing homes last month. Earlier, investors were rattled by news about Greece. The country's borrowing costs surged again when Europe's statistics ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 MAR 2010
... from December. Contracts fell to their lowest level since April. The drop in the number of buyers of previously occupied homes dampened some of the enthusiasm about better retail sales numbers. Macy's, Limited Brands and The Wet Seal all posted monthly ...

Data data everywhere

BENJAMIN ONG  |  MONDAY, 1 MAR 2010
... record lows and sales of existing ones were not any better. As such, whatever the measure you use - the price of American homes are again heading south. And then there's also the renewed climb in initial jobless claims. Woe to the US labour market. Good ...

Positive spin to bad news

BENJAMIN ONG  |  THURSDAY, 25 FEB 2010
... by 5.6 per cent on the month and 2.4 per cent from a year ago. The number of months to sell all existing inventory of new homes increased to 9.1 months in January from 8 months in the previous month. Not only this. A report released by the US Mortgage ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 FEB 2010
... industry sent stocks higher on Wall Street on Tuesday, including an increase in the number of people with contracts to buy homes. At settlement, the Dow Jones Industrial Average had added 111.32 points, or 1.09 per cent, to 10,296.85. The Nasdaq composite ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
... voted against the decision to keep rates low. Stocks had fallen ahead of the report as a 7.6 per cent drop in sales of new homes in December brought concerns about how fast the economy is recovering. Traders were also paying close attention to a hearing ...

Now that's challenging

BENJAMIN ONG  |  MONDAY, 25 JAN 2010
... financial institutions who gave their employees large bonuses while many of their bros are suffering foreclosures on their homes and/or unable to find suitable jobs. On second thought, never mind suitable, they could not find jobs period. Perhaps to ...

US reform tightens net on big firms

RUTH LIEW  |  MONDAY, 14 DEC 2009
... Obama. "Some of it was the result of an era of easy credit, when millions of Americans borrowed beyond their means, bought homes they couldn't afford, and assumed that housing prices would always rise and the day of reckoning would never come. "But much ...