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Showing 41 - 50 of 80 results for "Republicans"

Market wrap PM

AAP  |  FRIDAY, 16 NOV 2012
... about a recession affecting the country if planned tax hikes and spending cuts come into force on January 1, which Republicans and Democrats are currently negotiating. "Europe economic data is also showing signs of weakness and everyone is a bit scared ...

Market wrap AM

AAP  |  FRIDAY, 16 NOV 2012
... from $1.2734 late in New York on Wednesday. HONG KONG - Asian markets were mostly lower after Barack Obama challenged Republicans to accept tax hikes for the rich as part of a deal to avert a fiscal cliff. Japan's Nikkei surged thanks to a weakening ...

Market Wrap - PM

AAP  |  THURSDAY, 15 NOV 2012
... followed Wall Street's lead. The Dow Jones Average plunged to close at 184.92 after US President Barack Obama challenged Republicans to accept tax increases for the wealthy in a deal to avert the so-called year-end fiscal cliff. The "fiscal cliff" refers ...

Market wrap AM

AAP  |  THURSDAY, 15 NOV 2012
... up 6.5 points, or 0.15 per cent, at 4,410.7. NEW YORK - US stocks tumbled as US President Barack Obama challenged Republicans to accept tax increases for the wealthy in a deal to avert the year-end fiscal cliff. After opening higher helped by Cisco Systems's ...

Market Wrap - PM

AAP  |  THURSDAY, 8 NOV 2012
... overseas markets had over-reacted to the US election result, in which President Barack Obama won a second term and the Republicans retained control the House of Representatives. "I think you will probably see a bounce back in overseas markets tonight ...

Obama victory ignites fiscal cliff fears

MARK SMITH  |  THURSDAY, 8 NOV 2012
... with the US Congress to avoid automatic spending cuts and tax increases amounting to $600 billion. However, with the Republicans in control of the House of Representatives, the task is likely to be met with political wrangling as happened with the debt ...

Market wrap AM

AAP  |  THURSDAY, 8 NOV 2012
... Wall Street tumbled following US President Barack Obama's re-election, with investors now seeing a tough battle with Republicans over a looming "fiscal cliff". At 0630 AEDT on Thursday, the December share price index futures contract was down 33 points ...

Political punch trading greatest risk to US economy

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... budget deficit. However, they disagree on the approach. The Democrats are in favour of taxing the rich, while the Republicans are looking to cut taxes for everyone and reducing spending. Zwi commented: "Just about anyone who has looked at the options ...

Lookin' for trouble

BENJAMIN ONG  |  TUESDAY, 22 NOV 2011
... expected to announce today that it has super failed to reach a deal in time for Wednesday's deadline. Democrats and Republicans super failed to reach common ground on how to cut at least US$1.2 trillion from the budget deficit over 10-years starting ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
... the plan could pass intact in a deeply divided Congress, with the House of Representatives controlled by opposition Republicans. PRECIOUS METALS Gold slid on Friday, closing its worst week since June, as profit-taking by investors and a spike in the ...