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Showing 4271 - 4280 of 5512 results for "September 18"

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
The Australian share market is expected to open weaker following a negative lead from the US as Wall Street tried but failed to find some stability from an interest rate cut by the Federal Reserve and other big central banks. At 0807 AEDT, the December ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 OCT 2008
The Australian share market is set to fall at the open after world stock markets plummeted on Monday as panic-stricken investors doubted whether a Wall Street bailout package would stem the global financial crisis. At 0806 AEDT, the December Share Price ...

Putnam hoists money guaranty flag

RUTH LIEW  |  FRIDAY, 3 OCT 2008
Putnam Investments has joined the US Treasury's money market guaranty program in a bid to protect its shareholders' assets. The board of trustees of Putnam Funds authorised the firm's participation in the program late last month. The program provides ...

Rescue package YES, economy NO

BENJAMIN ONG  |  FRIDAY, 3 OCT 2008
... consistent with a looming recession. US initial jobless claims rose to seven-year high of 497,000 in the week ended 27 September - the highest since the September 11 terrorists attacks in 2001. The US Bureau of Labor Statistics explains that the estimate ...

Market Wrap - Midday

AAP  |  TUESDAY, 30 SEP 2008
The Australian stock market had lost about $45 billion in value by noon, after Wall Street went into convulsions overnight following the rejection by lawmakers of a massive rescue of the US financial system. At 1215 AEST, the benchmark S&P/ASX200 had ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
Financial markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the ...

AEGON takes Lehman Bros hit

RUTH LIEW  |  THURSDAY, 25 SEP 2008
AEGON is expecting to suffer losses from its $466 million exposure to Lehman Brothers. During 2008, AEGON actively lowered its exposure to Lehman Brothers by approximately 20 per cent. By September 12, four days before Lehman Brothers filed for bankruptcy ...

Managers hit back on shorting ban

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
Perpetual, Platinum and K2 have responded to ASIC's recent ban on short selling - arguing that the move will hurt the futures market and cast undeserved doubts on the legitimacy of shorting as a valid investment strategy. Perpetual Investment general ...

Greater fool with no shorts

BENJAMIN ONG  |  MONDAY, 22 SEP 2008
Equity markets rebounded sharply at the end of last week's trading as America's administrative, fiscal, monetary and regulatory authorities combined to wrench the claws off the credit squeeze that, last week, threatened to strangle the US financial ...

Market Wrap - Midday

AAP  |  THURSDAY, 18 SEP 2008
Banking stocks dragged the Australian share market down at noon as the bailout of insurance giant American International Group (AIG) failed to calm global financial markets. At 1200 AEST, the benchmark S&P/ASX200 was 166.8 points or 3.53 per cent lower ...