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Showing 61 - 70 of 75 results for "New York time"

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
Rising concerns that the $1 trillion investment bank bail-out breaches the US constitution are making it difficult for Congress to quickly approach the bill. At Senate Banking Committee hearings on Capitol Hill, Senator Christopher J Dodd, a Democrat ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
While the US Fed has offered to provide AIG Life $100 billion in liquidity funding, AIG's Australian customers are well insulated from any fall-out. "Acting to avert a possible financial crisis worldwide, the Federal Reserve reversed course on Tuesday ...

Peak oil bigger problem than climate change

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2008
Peak oil is a much more immediate problem than climate change, delegates at a Finsia seminar heard yesterday. But the potential ramifications of climate change just make the problem worse, said Ian Dunlop, a former petroleum engineer who is now the ...

Macq bond insurance will diversify group

RUTH LIEW  |  TUESDAY, 10 JUN 2008
Macquarie Group is wading into the US bond insurance market - a move that is consistent with the company's international diversification strategy, says Moody's Investor Services. Eric Dinallo, New York's state insurance superintendent, told The New ...

US Treasury to announce regulatory overhaul

ALEX DUNNIN  |  MONDAY, 31 MAR 2008
The US Treasury Department has proposed sweeping changes to how their financial markets should be regulated by consolidating its huge number of regulators and bringing practices up top date to what happens around the world. The New York Times has reported ...

Singapore and ME fund swoop on UBS

WWW.THESHEET.COM  |  TUESDAY, 11 DEC 2007
Government of Singapore Investment Corp and an unidentified Middle Eastern investor (rumoured to be a state controlled fund from Oman) have chipped in $11.6 billion in capital into UBS to lift it out of the sub-prime funding jungle. This is the latest ...

Not much of a fix from the freeze

WWW.THESHEET.COM  |  FRIDAY, 7 DEC 2007
There may still be plenty of questions over the virtue and mechanics of the planned "freezing" of loan interest rates for several hundred thousand distressed home loan borrowers in the US. The US government formally outlined the plan this morning without ...

Market Wrap - Morning

AAP  |  THURSDAY, 25 OCT 2007
The Australian stock market has received a negative lead from Wall Street, and from London where metal prices tumbled across the board last night. At 0736 AEST on the Sydney Futures Exchange, however, the December Share Price Index was up 32 points ...

Dollar for dollar

SUZY MAC  |  TUESDAY, 2 OCT 2007
Despite the doom and gloom coming from the mouths of former Fed Chief Alan Greenspan and Federal Reserve officials, Wall Street's record-breaking performance overnight jettisoned the Australian share market into uncharted territory at today's open. ...