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Showing 721 - 730 of 844 results for "Senate"

Market Wrap - Morning

AAP  |  FRIDAY, 13 FEB 2009
... stimulus plan. The outcome of the federal government's $42 billion economic stimulus package's second passage through the Senate also may affect the local bourse. At 0824 AEDT on the Sydney Futures Exchange, the March SPI futures index was 20 points ...

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 ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... sat on the fence overnight as investors await the approval of US President Barack Obama's proposed stimulus package. The Senate is scheduled to vote on the legislation tomorrow morning (Australian time). The Senate will deliberate on an US$827 billion ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... feedback loop that must be stopped -- and soon. Will President Obama's US$800 billion (give or take depending on tomorrow's Senate negotiations) stimulus package be sufficient to short circuit these negative spiral? North American and European markets ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... This is, after all, the democratic process. Any and all government spending must be approved by Congress and vetted by the Senate. But while US congressmen display their gift of gab, arguing for and against President Obama's proposed US$825 billion bail-out ...

Market Wrap - Morning

AAP  |  THURSDAY, 22 JAN 2009
... shore up the economy. President Barack Obama's Treasury Secretary nominee, Timothy Geithner, was on Capitol Hill for his Senate confirmation hearing. He asked Congress to act quickly and forcefully to deal with financial crisis and said Obama is working ...

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 ...

Market Wrap - Morning

AAP  |  FRIDAY, 12 DEC 2008
... disappointing economic news, then pared losses before sinking further as news of the auto bill made its way to Wall Street. Senate Republican leader Mitch McConnell announced his opposition to the plan, breaking with President George W. Bush. Observers ...

Market Wrap - Midday

AAP  |  TUESDAY, 4 NOV 2008
... then there would be even more of a relief rally. "Then to compound that further, if the Democrats secure more seats in the Senate, we (will) see the stock market being a little stronger." Mr Willis said metals were being widely ignored ahead of the US ...

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 ...