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Showing 461 - 470 of 533 results for "Congress"

Three wise economists

BENJAMIN ONG  |  TUESDAY, 21 OCT 2008
... downward trend in USD Libor rates is encouraging. US Federal Reserve Chairman, Ben Bernanke's testimony before the House of Congress' Budget Committee also inspired investor confidence. In his testimony, Bernanke stressed that the various measures and ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 OCT 2008
... at keeping the US economy from entering a severe downturn. The package must still return to the lower house of the US Congress, the House of Representatives, which voted against an earlier version on Monday. At 1200 AEST, the benchmark S&P/ASX200 was ...

US Senate passes bail-out 74 to 25

ALEX DUNNIN  |  THURSDAY, 2 OCT 2008
... November, political commentators have said there was always likely to be less resistance to the bill in the Senate than in Congress. Provided there were no conflicting amendments in the separate Houses, President GW Bush will expedite passage of the ...

Rescuing the rescue package

BENJAMIN ONG  |  THURSDAY, 2 OCT 2008
... sent back to the House of Representatives for their vote. To make the US$700 billion plan more palatable to taxpayers, Congress has reportedly included tax cuts and increased bank account insurance to the bill. Whether these sweeteners are enough for ...

Blame planners, not me: Costello

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
... bi-partisan support in Parliament. Fears of total market meltdown look set to step back by end this week however, as Congress again votes on the bail-out legislation. Christopher Page, Rainmaker managing director, said from New York this morning, that ...

Head or tails?

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2008
Heads, you lose US$1 trillion. Tails, you lose US$700 billion. This is the stark choice that stares the US Congress in the face after seeing the market pandemonium that followed their rejection of the Treasury/Federal Reserve's bail-out package. Relative ...

Bill failed, what next?

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
The Australian stockmarket lost $45 billion by noon after the US Congress rejected the proposed bail-out package, but local investment experts argue that we are nowhere close a doomsday scenario, in fact quite the contrary. Sharemarket expert Dale Gilham ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... Financial markets' hopes for some stability while the economy gather enough strength to recover evaporated after the US Congress voted 228 to 205 against the Emergency Economic Stabilization Act of 2008. The S&P 500 index's performance last night highlighted ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
... Industrials Average plunging more than 770 points after the $US700 billion financial bailout plan was knocked back by Congress. The Dow dropped 777.68 points, or 6.98 per cent to 10,365.45, but the broader S&P500 collapsed 106.59 points, or 8.79 per ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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