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Showing 41 - 50 of 59 results for "US Senate"

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 ...

Rescue package YES, economy NO

BENJAMIN ONG | FRIDAY, 3 OCT 2008

... Following last Monday's preview of a financial market pandemonium, there was little doubt in anyone's mind that the US Senate will pass the Treasury's US$700 billion rescue package. The Senate voted 74 to 25 in favour of the Emergency Economic Stabilization ...

Market Wrap - Morning

AAP | FRIDAY, 3 OCT 2008

... fell more than 1.8 per cent on Thursday, hitting a three-year low on worries about the financial crisis despite the US Senate approving a mortgage debt bailout. The Tokyo Stock Exchange's benchmark Nikkei 225 index shed 213.5 points, or 1.88 per cent ...

Market Wrap - Midday

AAP | THURSDAY, 2 OCT 2008

The Australian stock market was lower at noon, shortly after the US Senate approved the Wall Street bailout package. Shortly before noon AEST, the Senate voted 74-25 in favour of the $US700 billion ($A887 billion) package aimed at keeping the US economy ...

US Senate passes bail-out 74 to 25

ALEX DUNNIN | THURSDAY, 2 OCT 2008

The bail-out legislation has been overwhelmingly approved by the US Senate, but the bigger test will be the congressional vote tomorrow, which isn't expected to get such a smooth ride. This morning Australian time, the Senate voted in favour of the ...

Rescuing the rescue package

BENJAMIN ONG | THURSDAY, 2 OCT 2008

An eerie calm fell over Wall Street and European markets overnight as investors sat on the fence ahead of the US Senate's vote over the financial sector rescue package. The Senate is widely expected to rescue the rescue package but it would not become ...

Market Wrap - Morning

AAP | THURSDAY, 2 OCT 2008

... broader All Ordinaries climbed 183.2 points, or 3.96 per cent, to 4,814.5. NEW YORK - Financial markets uneasily awaited a US Senate vote on the government's proposed financial sector bailout early this morning (AEST), with stock prices showing sharp ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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