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Showing 531 - 540 of 911 results for "Deficit"

Market Wrap - Midday

AAP  |  THURSDAY, 11 AUG 2011
... concerns about eurozone debt. Overnight, French President Nicolas Sarkozy promised new measures to slash France's public deficit amid fears that France could be the next country after the United States to suffer a top credit-rating downgrade. "There's ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
The Australian stock market is expected to follow Wall Street into another day of steep declines, after New York indices all plunged by around six per cent overnight. At 0721 AEST on the ASX 24, the September share price index futures contract was 153 ...

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
... that, according to the Wall Street Journal, "...Treasury officials discovered that S&P officials had miscalculated future deficit projections by close to $2 trillion. It immediately notified the company of the mistakes... S&P officials later called administration ...

US ceiling raised but underlying reasons remain

ELISE BURGESS  |  FRIDAY, 5 AUG 2011
... next 10 years. In our view, an average of US$250 billion in savings per year against an approximately US$1.5 trillion deficit does little to address the structural issues facing the finances of the nation."

Buy the fear

BENJAMIN ONG  |  FRIDAY, 5 AUG 2011
... something when yields continued to decline (investors were buying US bonds despite intensified speculation on the 4Ds - deficit, debt, downgrade, default - over the past few weeks). You've already seen the stats: The S&P 500 dropped by 4.8% last night ...

S.O.S

BENJAMIN ONG  |  WEDNESDAY, 3 AUG 2011
... I try how can I carry on?" - ABBA Now you believe me? The US bond market had been correct all along. America's growth deficit is the major pain and not its debt ceiling and fiscal deficit. Have to hand it to the Agent 007's of the financial markets. ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
... per cent in a "relief rally" after the United States avoided a debt default with an eleventh-hour agreement to cut its deficit. The benchmark S&P/ASX200 index was up 73.2 points, or 1.65 per cent, at 4,497.8, while the broader All Ordinaries index was ...

Market Wrap - Midday

AAP  |  MONDAY, 1 AUG 2011
... Australian shares are soaring after the United States avoided a debt default with an eleventh hour agreement to cut its deficit. President Barack Obama said the deal will cut about $US1 trillion in spending over 10 years and avoid default, which would ...

Market Wrap - Morning

AAP  |  MONDAY, 1 AUG 2011
... cash, global markets are looking to Washington, where the White House, Democrats and Republicans have failed to agree a deficit-cutting plan. Tokyo ended 0.69 per cent, or 68.32 points, lower at 9,833.03 as data showing an improvement in industrial production ...

Complicating the simple

BENJAMIN ONG  |  FRIDAY, 29 JUL 2011
... eye. Now reports tell the story of Reps not agreeing among themselves. This from Reuters: "It was unclear whether the deficit reduction bill presented by House of Representatives Speaker John Boehner, the top Republican in Congress, would overcome objections ...