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Showing 21 - 30 of 59 results for "US Senate"

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Labor Senator Sam Dastyari has obtained the support from the Coalition to conduct a new Senate Economics Committee inquiry to scrutinise the financial services industry. The inquiry will continue the task of last year's Senate Economics Committee inquiry ...

Run with bulls

BENJAMIN ONG  |  TUESDAY, 15 JUL 2014
... federal funds rate for a considerable time after the asset purchase program ends."... when she testifies before the US Senate Banking Committee tonight and the House Financial Services Committee tomorrow night. But before that, we've already heard ECB ...

QE according to Yellen

BENJAMIN ONG  |  FRIDAY, 15 NOV 2013
... and 0.5%, respectively - on this day, the day Yellen voiced out her thoughts at her confirmation hearing before the US Senate Banking Committee...but those small gains brought these benchmarks to new record highs. And why the heck not? Unlike the outgoing ...

Market Wrap AM

AAP  |  FRIDAY, 15 NOV 2013
... succeed Ben Bernanke as head of the Federal Reserve. In prepared remarks released in advance of her hearing before the US Senate, Yellen, the current Fed vice chair, signalled her support for continuing the central bank's $US85 billion-a-month bond-buying ...

Republicans vote that advisers have no best interest duty

ALEX DUNNIN  |  FRIDAY, 1 NOV 2013
... clients' best interests first. However the chances of the bill becoming law are slim, as it is unlikely to pass through the US Senate and even if it did it would most likely be vetoed by President Obama, according to Bloomberg reports. The bill is a ...

Market Wrap AM

AAP  |  THURSDAY, 17 OCT 2013
The Australian market looks set to open higher after US Senate leaders reached a deal for a temporary budget and to extend the debt ceiling, ending the government shutdowm. At 0826 AEDT on Thursday, the December share price index futures contract was ...

Obama expected to pick Yellen as US Fed chair

MARK SMITH  |  WEDNESDAY, 9 OCT 2013
... to be the next head of the US central bank, White House officials have said. If confirmed by the Democrat controlled US Senate, Yellen would become the first woman to hold the post in the institution's 100-year history, replacing Ben Bernanke whose term ...

Much ado, no do

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2012
... see here. Wall Street went home happy last night despite Uncle Ben's much-anticipated semi-annual testimony before the US Senate's Committee on Banking, Housing, and Urban Affairs being a non-event - a maintenance of the status quo if you will, and a ...

Manufactured in China

BENJAMIN ONG  |  FRIDAY, 14 OCT 2011
... timing couldn't have been more perfect. The poor trade stats - by China's standards - came only three days after the US Senate passed a bill allowing sanctions on countries with "misaligned" exchange rates and US Treasury Secretary Geithner's vocal support ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 JUL 2011
... "That got the market singing, but of course the thing to watch there is that the proposal has to be put before the (US Senate), and the commentary I've seen hasn't been all that positive about getting it passed," he said. "The market loved it; everything ...