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| | | The Australian equity market rallied nearly 6 per cent yesterday - its biggest one-day advance in more than 10 years. Ho-hum. Given the spectacular volatility in the equity markets over the past few months, daily movements of plus or minus 5-7 percent ... |
| | | | 'There's a delicious irony in seeing private luxury jets flying into Washington D.C. and people coming off of them with tin cups in their hands.' This was US Democratic representative Gary Ackerman's comments to the CEO's of the big three US carmakers ... |
| | | | The Australian sharemarket is expected to open weaker after US stocks sank again overnight. At 0808 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 165 points at 3,379. In news this Wednesday, the Reserve ... |
| | | | And so it came to pass. The election of Barack Obama to the highest post in the biggest and most powerful economy of the world would forever be etched into the annals of history - not only in America, but also throughout the entire planet. It is just ... |
| | | | Australian stocks were marginally higher at noon after falling oil prices and easing credit markets helped soothe investor jitters on Wall Street overnight. At 1200 AEDT, the benchmark S&P/ASX200 was up 19.2 points, or 0.48 per cent, at 4,032.6, after ... |
| | | | The future of AIG Life Australia might be assured, but the US government has been forced to extend the lifeline extended to AIG in the US by another A$54 billion. The new arrangement is being structured through a securities lending agreement where the ... |
| | | | Local stocks may trade lower today after US equities markets fell by close to four per cent, while Europe suffered less but also was in the red. The key Wall Street indices all were down, as were commodities, including oil, gold, silver, and copper. ... |
| | | | The bail-out legislation has been overwhelmingly approved by the US Senate, but the bigger test will be the congressional vote tomorrow, which isn't expected to get such a smooth ride. This morning Australian time, the Senate voted in favour of the ... |
| | | | The Australian stock market generally has received positive leads from Wall Street, particularly with news this morning that US congressmen have reached agreement on a rescue package for US financial institutions. On the Sydney Futures Exchange at 0745 ... |
| | | | The Australian stock market has received an uncertain lead from the US, where stocks fell slightly in tense trading due to concerns that dealmaking in the US congress will change the shape of the government's financial sector bailout. At 0740 AEST ... |
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