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Showing 471 - 480 of 533 results for "Congress"

Market Wrap - Midday

AAP  |  MONDAY, 29 SEP 2008
The Australian stock market had moved into the red by noon, dragged lower by the big miners and most of the major banks, while the local market digested news of the agreement reached in the US on the Wall Street bailout. At 1217 AEST, the benchmark ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... investors ignored economic data and focused on developments surrounding the US Treasury/Federal Reserve negotiations with Congress over their proposed bail-out package. Equity and bond markets seesawed with every report of the progress of the negotiations. ...

Market Wrap - Morning

AAP  |  MONDAY, 29 SEP 2008
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 ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the package. But while Wall Street watches the discussions on Capitol Hill, other things are unfolding ...

Market Wrap - Morning

AAP  |  FRIDAY, 26 SEP 2008
... agreement in principle on a $US700 billion plan to revive the crippled financial system. It is hoped both houses of US congress will vote on the plan within days. Wall street and European markets have reacted positively to the news, with major indices ...

Market wrap - midday

AAP  |  THURSDAY, 25 SEP 2008
... 11,941 contracts. CMC Markets senior dealer, Matthew Lewis, said US President George Bush's television address urging Congress to approve the Government's proposed rescue plan for the financial industry had buoyed local financial stocks, but the market ...

Market Wrap - Morning

AAP  |  THURSDAY, 25 SEP 2008
... 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, the Sydney Futures Exchange's December Share ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... Unit yesterday outlined two extreme scenarios - a positive and a negative -- that could arise as a consequence of the US Congress' passing the US Treasury/Federal Reserve's 'mother of all bail-outs' package. Last night, the Paulson/Bernanke tandem told ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
... Rising concerns that the $1 trillion investment bank bail-out breaches the US constitution are making it difficult for Congress to quickly approach the bill. At Senate Banking Committee hearings on Capitol Hill, Senator Christopher J Dodd, a Democrat ...

The good and the bad

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2008
The US Congress is still deliberating the administration's latest rescue package - the details and the cost. The Financial Standard Intelligence Unit (FSIU) acknowledges that despite the delay, the US Congress will ultimately pass the government's bailout ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN  |   12:33PM
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA  |   11:56AM
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  |   11:09AM
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  |   12:20PM
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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