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| | | The bloodbath continues. The Federal Reserve's US$85 billion bailout of American Insurance Group (AIG) proved insufficient to calm the financial market panic that appears to be increasing by the day. The overnight sell-off saw more than three years' ... |
| | | | The Australian stock market has received a strong negative lead, with Wall Street indices crashing more than four per cent overnight. Oil, gold and silver rebounded as investors sought safe havens. At 0716 AEST, the Sydney Futures Exchange's September ... |
| | | | The Australian stock market has received a positive lead from Wall Street, despite the turmoil in the financial sector. Major US indices finished over one per cent higher, although gold, silver, oil and copper were down. At 0737 AEST, the Sydney Futures ... |
| | | | Australian stocks were weaker at noon after US shares went into freefall overnight following New York investment bank Lehman Brothers' backruptcy, the firesale of Merrill Lynch and continuing rumours about the stability of American Insurance Group. ... |
| | | | The structured finance sector of the domestic debt capital market saw most activity last week, in terms of issuance and rating actions. The sector, and primarily RMBS, has made something of a comeback this month after a relatively quiet August. Issuance ... |
| | | | 'This is a once in a half century, probably once in a century type of event.' (Alan Greenspan). Are we headed for a repeat of the global depression of the 1930s? This might sound too alarmist but indeed, quite a possibility as one giant US financial ... |
| | | | Australian markets have received a strong negative lead from Wall Street, after US shares went into a freefall on Monday over financial market uncertainty revolving around the Lehman Brothers bankruptcy and the fire sale of Merrill Lynch. At 0722 AEST ... |
| | | | ... but nonetheless, create a nasty ripple effect on the economy. Australia: The minutes of the RBA's Board meeting in September - where it delivered the first interest rate cut in seven years -- will be this week's key domestic report. The contents of the ... |
| | | | Mariner Financial is to announce its long awaited results, delayed for two weeks, in the next couple of days - with executive chair Bill Ireland expected to provide more details on the proposed recapitalisation of the business. Shares in Mariner were ... |
| | | | The Australian stock exchange was weaker at noon as US financial sector uncertainty continued to affect local banks and insurers. At 1200 AEST, the benchmark S&P/ASX200 was 108.4 points lower, or by 2.21 per cent, at 4795.4, while the broader All Ordinaries ... |
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