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Showing 621 - 630 of 752 results for "Relief"

ASIC adjusts redemption rules to help pensioners

MICHELLE BALTAZAR  |  MONDAY, 3 NOV 2008
... mortgage funds that will allow mortgage fund operators to release funds to unitholders based on 'hardship grounds'. This relief will apply on a case-by-case basis only and is designed to help self-funded retirees and investors caught up in the current ...

Aviva offers pensioner relief after redemption freeze

MICHELLE BALTAZAR  |  THURSDAY, 30 OCT 2008
... receiving substantially less than what they usually receive. What Aviva has done is provide clients with a much needed interim relief while the government tries to figure out a solution to stem the flight away from mortgage and income funds and into ...

I'll have what she's having

BENJAMIN ONG  |  MONDAY, 27 OCT 2008
... themselves.' ~George Pataki It is looking like the 'plucked from the air' amount of US$700 billion for the US Troubled Assets Relief Program (TARP) would need replenishing in the not too distant future as other business sectors of the US economy cry ...

Sentiment seesaw

BENJAMIN ONG  |  FRIDAY, 17 OCT 2008
... these are not normal times. Some companies that might be considered cheap and healthy today could announce it is seeking relief tomorrow. Goldman Sachs, Merrill Lynch, UBS comes to mind. The current financial turmoil and the global recession will result ...

Central Banks must unite

BENJAMIN ONG  |  WEDNESDAY, 8 OCT 2008
... system. Locally, the RBA has led the way - but again, this is a piecemeal response by a lone central bank. Yesterday's relief rally in the Australian stock market will today prove to be just that - a relief rally - given the woeful lead from Wall Street ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
... oversee and monitor the implementation and progress of the bailout plan. The finalisation of the plan will provide a welcome relief to the financial markets. However, it may have come a bit late to turn the tide towards an economic recession that has ...

Global recession coming?

BENJAMIN ONG  |  FRIDAY, 26 SEP 2008
... markets' attention remains glued to the developing negotiations with regard to the proposed US$700 billion Treasury Asset Relief Program. Equity markets closed higher overnight following reports that the US Congress is close to approving the package. ...

TARP or TRAP?

BENJAMIN ONG  |  THURSDAY, 25 SEP 2008
... bail-outs' package. Last night, the Paulson/Bernanke tandem told Congress what they think would happen if the Troubled Asset Relief Program (TARP) were not approved. The duo emphasised the urgency of the swift passage of the bail-out package. US Federal ...

Market Wrap - Midday

AAP  |  TUESDAY, 23 SEP 2008
... effectiveness of the US government's proposed bailout of the financial sector. Locally it wasn't a sea of red though, with relief supplied by each of the gold, energy, telecommunications and utilities sectors. At 1200 AEST, the benchmark S&P/ASX200 was ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... big financial institution bleeds, they are back again, kissing the wound, bandaid on hand, ready to provide short term relief - until the next time the giant stumbles again. This was not the case back in the good ol' days (or bad ol' days depending on ...