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Showing 4161 - 4170 of 5511 results for "September 2008"

Happy Americans, happy world

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2009
Happy consumers beget a happy Wall Street. Green sprouts starting to flower? Neither Kim Jung Il's rattling of his nuclear sabre nor a reminder that US house prices continue to fall were able to prevent Wall Street from turning in a strong finish last ...

Mixed reaction on shorting ban lift

RUTH LIEW  |  MONDAY, 25 MAY 2009
From applause to criticism, industry reactions have been mixed towards ASIC's announcement today that it had lifted the ban on covered short selling of financial securities. ASIC today lifted the ban which was first put in place on 21 September last ...

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
No confusion here. Wall Street would not be dragged into reacting to reports that US home building has fallen to its lowest level on record. Just imagine what could have happened had this report reached the headlines six months ago? US equities ended ...

Easing Libor pains

BENJAMIN ONG  |  TUESDAY, 19 MAY 2009
... Association of Home Builders/Wells Fargo index of US builder confidence rose to 16 in May - the highest level since last September - following an increase to 14 in the previous month. This is consistent with indications from the Reuters/University of ...

Perpetual starts legal proceedings to claim funds

MICHELLE BALTAZAR  |  THURSDAY, 14 MAY 2009
Perpetual Trustee Company has started legal proceedings in the UK on behalf of more than 1,000 retail investors who invested in $125 million worth of credit-linked Mahogany Capital notes that were sold by Grange Securities. Perpetual, the security trustee ...

De-stressing the stress test

BENJAMIN ONG  |  THURSDAY, 7 MAY 2009
Only a couple of weeks ago the US triad - US Federal Reserve, Treasury and Federal Deposit Insurance Corporation (FDIC) - were stressing over how best to release the result of the stress test they issued to 19 of their banks. They found a way. Back ...

They will, they won't

BENJAMIN ONG  |  TUESDAY, 5 MAY 2009
It'll be another case of "will they, won't they" today as the Reserve Bank of Australia (RBA) holds its regular monthly Board meeting. Will they, won't they? The RBA lowered the country's official cash rate to an even 3 per cent last month. This represented ...

Macquarie funds down, cash up

MICHELLE BALTAZAR  |  FRIDAY, 1 MAY 2009
Macquarie Group has posted a 52 per cent fall in full year profits to $871 million with key investment divisions all reporting a fall in revenues due to the global financial crisis - but the silver lining was the growth of its retail financial services ...

May sell or May stay

BENJAMIN ONG  |  FRIDAY, 1 MAY 2009
There is no doubt that today's media reports would - in one form or another - contain references to that old Wall Street adage, 'sell in May then go away'. Every time the fifth moon of the year is upon us, theories, studies and reports proving or disproving ...

OneAnswer FUM fall 20 pc

MICHAEL HOBBS  |  WEDNESDAY, 29 APR 2009
ING Australia's flagship OneAnswer platform funds under management (FUM) fell by 20 per cent or around $3.7 billion to $14.2 billion over a six month period to March, according to ANZ's half year profit report. ING Australia posted a $47 million half-year ...