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| | | 'See Saw Margery Daw Johnny Wall Street shall have a new master He It shall earn but a penny a day Because he the Fed can't work any faster.' The market giveth and the market taketh away. Isn't it funny how yesterday's big rally on Wall Street was attributed ... |
| | | | ... Stabilization Act of 2008.' Equities rallied, albeit not enough to recover all of the previous day's massive losses - after US President George Bush and congressional leaders indicated that negotiations on the US$700 billion rescue package will continue. ... |
| | | | This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ... |
| | | | ... contract was down 31 points at 5020, on a volume of 11,941 contracts. CMC Markets senior dealer, Matthew Lewis, said US President George Bush's television address urging Congress to approve the Government's proposed rescue plan for the financial industry ... |
| | | | ... markets. The move illustrates how seriously the now much reported global food shortage is being viewed. Last Friday US president George W Bush called on Congress to give an extra $800 million to the UN World Food Program to help them buy much needed ... |
| | | | The Australian share market was lower at noon, weighed down by the financial sector after ANZ Banking revealed larger than expected provisioning for bad corporate debts. US equity markets were mixed following a low outcome for a consumer sentiment survey. ... |
| | | | The Australian stock market is expected to open lower after both the the Dow Jones and Nasdaq slipped on Friday as concerns were fanned over a slowdown in consumer spending. At 0830 AEDT on the Sydney Futures Exchange, the March share price index futures ... |
| | | | ... $118.90. In the US on Friday, multi-billion-dollar losses announced by major banks earlier in the week overshadowed US President George W Bush's outline of a $US150 billion economic stimulus plan. The Dow Jones industrial average lost 59.91 points to ... |
| | | | The Australian sharemarket started the week in full stride, after US President George Bush and Federal Reserve Chairman Ben Bernanke reassured US investors they would work to rectify recent market troubles. At 1015 AEST, the benchmark S&P/ASX200 index ... |
| | | | ... 31.06 points, or 1.21 per cent, at 2,596.36. LONDON - Britain's leading share index rose 1.47 per cent, lifted by US President Bush's plans to tackle the subprime mortgage crisis, which has plagued global financial markets for the past two months. The ... |
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