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Showing 51 - 60 of 72 results for "US House"

GFC in a fortnight

BENJAMIN ONG  |  MONDAY, 2 MAR 2009
The events of the past two weeks provided a microcosm of the on-going global financial crisis. The past 14 days capture the drama cum horror story that is being played out all around the world over the course of nearly two years. Fresh US data released ...

Thumbs down

BENJAMIN ONG  |  FRIDAY, 20 FEB 2009
... fence is worth these days? Supply and demand determines market value. Right now, there are more sellers than buyers. Sure US house prices appear undervalued given their massive fall over the past year and a half. But did anyone stop buying when they ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 NOV 2008
... poor economic news. Figures showed the US economy shrank 0.5 per cent in the third quarter, alongside a record fall in US house prices. The Dow Jones Industrial Average was up 38.07 points, or 0.45 per cent, to 8,481.46 at the close. The Standard & Poor's ...

G20 to the rescue

BENJAMIN ONG  |  FRIDAY, 14 NOV 2008
... have been trending lower since early 2005 and first sank into negative as early as the third quarter of 2006. Likewise, US house sales have shifted into reverse as early as January 2006. The same is true in most countries in Europe. Labour. Unemployment ...

Market Wrap - Midday

AAP  |  FRIDAY, 3 OCT 2008
Australian stocks were lower at noon, as nervous local investors await the outcome of tonight's US House of Representatives vote on a new version of the $US700 billion ($A888 billion) bailout of the financial markets. At 1200 AEST, the benchmark S&P/ASX200 ...

Head or tails?

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2008
... between action and the real prospect of economic hardship for millions of Americans.' How true! The 228 members of the US House of Representatives who voted 'NAY' to the plan's passage are worried about the amount of money that US taxpayers will spend ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... Street is now more than US$1,000,000,000,000 (US$1 trillion) cheaper as investors dumped stocks following news of the US House of Representatives' rejection of the US$700 billion financial sector bail-out package. The S&P 500 index dropped 8.8 per cent ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
... Australian Securities Exchange could be in for a shellacking today, led down by the financial and resources sectors, after the US House of Representatives rejected a $US700 billion rescue package this morning. At 0809 AEST, the December Share Price Index ...

This Week's Market Movers (21-25 July 2008)

BENJAMIN ONG  |  MONDAY, 21 JUL 2008
... to partly recover from May's 1.6 percent fall. US: In the US, the housing market again takes centre stage this week. US house prices are expected to show a continued decline. The US House Price Index, out on Wednesday, is forecast to fall by 0.6 percent ...

US houses continue to burn

BENJAMIN ONG  |  FRIDAY, 18 JUL 2008
Market Movers Overnight The US housing market remains in a freefall. The US Commerce Department reported that housing starts increased to 1066K in June, a month-on-month rise of 9.1 percent. This was better than market expectations for a 1.8 percent ...