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Showing 31 - 40 of 56 results for "Impasse"

Off the cliff and into the ceiling

BENJAMIN ONG  |  TUESDAY, 15 JAN 2013
... been here before. Remember autumn 2011? The S&P 500 index dropped by 17.3% from July to August of that year due to the impasse on the budget ceiling and Standard & Poor's took away one A from America's AAA credit rating. This time it's complicated by ...

Market wrap AM

AAP  |  MONDAY, 10 DEC 2012
... 74.5 from November's 82.7, which had been the best level in five years. Also weighing on market sentiment was a continued impasse on the so-called fiscal cliff, with top Republican congressman John Boehner saying there was "no progress" in talks about ...

Market Wrap AM

AAP  |  TUESDAY, 27 NOV 2012
... awaited the outcome of a meeting later in the day aimed at finalising a bailout deal for Greece, amid a simmering budgetary impasse in Washington. Tokyo rose 0.24 percent, or 22.14 points, to 9,388.94, Sydney gained 0.25 percent, or 11.2 points, to close ...

Market Wrap

AAP  |  MONDAY, 26 NOV 2012
... the dollar on Friday as dealers welcomed a surprise rebound in German business confidence while they watched another EU impasse unfold in Brussels. The benchmark FTSE 100 index rose by 0.49 per cent to close at 5,819.14 points in London, Frankfurt's ...

NFL dispute over 401(k) touches down

ALEX DUNNIN  |  FRIDAY, 28 SEP 2012
... referees (from the company pension plan) into their own market-linked retirement savings plan. When negotiations hit an impasse and the 121 referees threatened strike action, the NFL responded by locking them out and recruiting replacement referees from ...

Italy's bond market collapse puts US back in favour

ALEX DUNNIN  |  WEDNESDAY, 9 NOV 2011
... that the ratings agency is again considering another downgrade, from AAA to AA+, following concerns over the political impasse in Washington. Events in Europe suggest, however, foreign investors will hardly notice.

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 NOV 2011
... looked to cash out at all costs amid increasing fears Rome will need outside help to get through its debt crisis. The impasse between Prime Minister Silvio Berlusconi and his coalition partner the Northern League makes the situation worse, forcing Italian ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
... points, or 0.85 per cent, to 4,500.5. NEW YORK - US stocks had their worst week of 2011 amid fears that the debt-ceiling impasse in Washington would provoke a ruinous default or a downgrade of the United States' credit rating. For the week, the Dow Jones ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUL 2011
... Iron, Mirabela Nickel are due to announce quarterly reports. On Tuesday, Australian stocks closed firmer despite the debt impasse in the United States, and made up some of the lost ground from Monday's sell-off. The benchmark S&P/ASX200 index rose 42.9 ...

No way USA can't repay

BENJAMIN ONG  |  TUESDAY, 26 JUL 2011
... - well, chicken. Financial markets remained on edge as headlines continue to print the words "stalemate", "deadlock", "impasse" and "stand off" alongside the words "debt ceiling" oh so close to D-day. Frankly, I'm getting sick of watching this game of ...