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Showing 7931 - 7940 of 9326 results for "Red"

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. With recession staring the ...

Oil on slippery slope?

BENJAMIN ONG  |  THURSDAY, 11 SEP 2008
Crude oil failed to capitalise on reports of lower inventories and the threat of further disruptions to supply as Hurricane Ike approaches the Gulf of Mexico. Only a few months ago, just a hint of a lower-than-expected fall in crude oil inventories ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 SEP 2008
The Australian stock market was awash in red at noon, down almost two per cent, mirroring heavy losses on Wall Street overnight on fears that the US's fourth-largest investment bank Lehman Brothers is running out of options to raise capital. At 1207 ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
So what is it going to be? The US equity market does not seem to know which way it is headed. One day it rallies sharply as investors convinced themselves that the worst of the crisis in the US financial sector maybe nearing the end, the next day it ...

Cuscal targets super as profit soars

RUTH LIEW  |  TUESDAY, 9 SEP 2008
Cuscal has reported an operating profit after tax of $18.7 million for the year ending 30 June - marking a year of continued growth as the firm expands its services in the superannuation sector. The $18.7 million figure marks its fifth consecutive years ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
"Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe. This turmoil would directly and negatively impact ...

NECU videos go high tech

RUTH LIEW  |  MONDAY, 8 SEP 2008
Global video specialist firm TANDBERG has won a contract with the New England Credit Union (NECU) to provide video-to-desktop services - upgrading the credit union's customer service while slashing up to $300,000 in operational costs. TANDBERG has been ...

SWFs finalise principles

MICHAEL HOBBS  |  MONDAY, 8 SEP 2008
Sovereign Wealth Funds (SWFs) and the International Monetary Fund (IMF) are finalising a set of voluntary principles which aim to shed some light on the investment activities of the sector. Speaking at a Ministry of Finance of Chile conference, John ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
This Week's Market Movers (8 - 12 Sep 2008) The financial market volatility of the previous months spilled over into September. Weakening economic growth, falling commodity prices and political uncertainty in the US -- government is on hold until the ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
Here we go again. If the overnight performance of the European and US stockmarkets are anything to go by, Asian and Australian equities are in for another rough trading day. Wall Street and European bourses tumbled last night as fears of a global slowdown ...