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Showing 31 - 40 of 55 results for "US Senate"

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 JUL 2010
... and provide additional stimulus to the US economy. Federal Reserve chairman Ben Bernanke was due to speak before the US Senate Banking Committee on Wednesday (US time). The Dow Jones industrial average closed up 75.53, or 0.74 per cent, at 10,229.96 ...

US Congress passes Wall Street reforms

MICHELLE BALTAZAR  |  FRIDAY, 16 JUL 2010
... Act', a bill designed to prevent another financial crisis and the near-collapse of the US banking system, cleared the US Senate. The 2,300-page dossier called for an overhaul of the entire US financial system, with financial regulators gaining more powers ...

Positive spin to bad news

BENJAMIN ONG  |  THURSDAY, 25 FEB 2010
... monetary conditions "at some point" as the "expansion matures". Not enough? We could throw in reports that last night the US Senate approved a US$13 billion plan to fight unemployment and US$2 billion to state and local governments to help them float ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
... wide world find themselves in because of his penchant for throwing money at the problems. At the end of the day, the US Senate would give its blessing to Ben Bernanke. For the simple fact that, it just doesn't make sense - nor would it help - to change ...

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
... consecutive monthly increase. An extension of the US$8,000 first homebuyers tax credit that is currently being forged in the US Senate provides further welcome news for the housing sector. US shares gave up some gains on negative news. Consumer confidence ...

Almost Per-fecta

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2009
... expert on the Great Depression - at this stage of the game (when it looks like its winning) only creates uncertainty. The US Senate still has to approve Obama's nomination. They will because the market liked what they saw. "Home of the brave." The S&P/Case-Shiller ...

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
... best sum up the macro-environment for the second quarter economy through to the remainder of 2009. Speaking before the US Senate Banking Committee, Geithner stressed that the government remains determined to win the battle to sweep away toxic debts from ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... temporarily nationalise some banks in order to facilitate a swift and orderly restructuring.' Almost at the same time, US Senate Banking Committee Chairman Christopher Dodd remarked that some US banks might have to be nationalised for a 'short time.' ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... unveiling that it sent Wall Street's benchmark equity indices down almost 5 per cent overnight. Not even reports that the US Senate has approved President Obama's US$838 billion economic stimulus package proved enough to contain investors' angst. The ...

Market Wrap - Midday

AAP  |  FRIDAY, 12 DEC 2008
... said. "People are happy to sit on the sidelines," Mr Potter said. As well, investor worries that Republicans in the US Senate may stymie plans for a bailout of the US auto industry weighed heavily on the local market, along with the overnight release ...