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Showing 441 - 450 of 625 results for "Financial Sector"

AIG secures extra A$54bn in liquidity

ALEX DUNNIN  |  FRIDAY, 10 OCT 2008
... In a strong signal that the crises will significantly impact governance practices, for AIG but also across the financial sector, Edward M Liddy, AIG chairman and chief executive officer, in a letter just written to Treasury Secretary Paulson, said, "we ...

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 ...

Rescuing the rescue package

BENJAMIN ONG  |  THURSDAY, 2 OCT 2008
... Wall Street and European markets overnight as investors sat on the fence ahead of the US Senate's vote over the financial sector rescue package. The Senate is widely expected to rescue the rescue package but it would not become a bill until Friday when ...

Market Wrap - Morning

AAP  |  THURSDAY, 2 OCT 2008
... cent, to 4,814.5. NEW YORK - Financial markets uneasily awaited a US Senate vote on the government's proposed financial sector bailout early this morning (AEST), with stock prices showing sharp fluctuations and credit markets remaining tight. The benchmark ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 1 OCT 2008
... Australian stock market remained in positive territory at noon, led by strong gains in resources and a recovery in the financial sector. At 1200 AEST, the benchmark S&P/ASX200 was up 142 points, or 3.09 per cent, at 4742.5, while the broader All Ordinaries ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 OCT 2008
... biggest selloff in years amid growing expectations that lawmakers will salvage a $US700 billion rescue plan for the financial sector. Following Monday's shellacking, the key Dow Industrials index picked up 485.21 points, or 4.68 per cent, to 10,850.66 ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... as investors dumped stocks following news of the US House of Representatives' rejection of the US$700 billion financial sector bail-out package. The S&P 500 index dropped 8.8 per cent - the biggest one-day fall since the 1987 stockmarket crash; the Dow ...

Market Wrap - Midday

AAP  |  MONDAY, 29 SEP 2008
... lost 65 cents to $35.19, while takeover target Rio Tinto had dropped $3.37, or 3.34 per cent, to $97.63. The financial sector was weaker. Commonwealth Bank of Australia fell eight cents to $44.35, ANZ Banking Group lost ten cents to $18.90, Westpac reversed ...

Market Wrap - Midday

AAP  |  FRIDAY, 26 SEP 2008
... bit after starting up by about one per cent on open," Ms Saly said. "Most of the banks are doing well and the financial sector is up about half a per cent." At 1204 AEST, Commonwealth Bank was up 55 cents, or 1.25 per cent, to $44.60, National Australia ...

Market Wrap - Morning

AAP  |  FRIDAY, 26 SEP 2008
... higher, with investors optimistic that the US congress was on the verge of a deal on a massive rescue plan for the financial sector. The Dow Jones Industrial Average gained 196.89 points, or 1.82 per cent, to 11,022.06. The Nasdaq composite added 30.89 ...