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Showing 851 - 860 of 1050 results for "Secret"

Bail-out Plan B

BENJAMIN ONG  |  THURSDAY, 13 NOV 2008
Has the US Treasury had a change of heart or merely trying to get on the good side of its boss-elect President Obama? The US$700 billion Troubled Asset Relief Program (TARP) will no longer buy the TA (troubled assets) under the RP (relief program). ...

Market Wrap - Morning

AAP  |  THURSDAY, 13 NOV 2008
The Australian sharemarket is expected to open lower after US stocks slumped overnight after Treasury Secretary Henry Paulson said the government would not buy banks' soured mortgage assets after all. Resource stocks also are likely to fall after oil ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 NOV 2008
The Australian sharemarket is expected to open lower today after US stocks fell overnight on signs that company profits are being hit by the decline in consumer spending. At 0810 AEDT, the December Share Price Index futures contract on the Sydney Futures ...

Sale won't affect clients: Pillar

MICHAEL HOBBS  |  TUESDAY, 4 NOV 2008
The NSW government's proposal to sell the superannuation administration provider, Pillar will not affect its operations or its client accounts, accordng to a spokesperson for the firm. Mark Luciano, Pillar general manager of marketing and business development ...

Matrix Planning Solutions restructures

RUTH LIEW  |  WEDNESDAY, 15 OCT 2008
Independently owned dealer group Matrix Planning Solutions Limited has shuffled its managerial line up following the shelving of its plans to be publicly listed. MPS had flagged its intention to be publicly listed 12 months ago but the majority of its ...

Depression no more?

BENJAMIN ONG  |  TUESDAY, 14 OCT 2008
A depression-like stockmarket tumble needs a depression-like bounce back. This is what the equity markets' got overnight as Wall Street staged its biggest rally since October 1931. Equity markets across Europe and the US recorded spectacular one-day ...

AIG secures extra A$54bn in liquidity

ALEX DUNNIN  |  FRIDAY, 10 OCT 2008
The future of AIG Life Australia might be assured, but the US government has been forced to extend the lifeline extended to AIG in the US by another A$54 billion. The new arrangement is being structured through a securities lending agreement where the ...

Putnam hoists money guaranty flag

RUTH LIEW  |  FRIDAY, 3 OCT 2008
Putnam Investments has joined the US Treasury's money market guaranty program in a bid to protect its shareholders' assets. The board of trustees of Putnam Funds authorised the firm's participation in the program late last month. The program provides ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
Australia may be a small country but it took Prime Minister Kevin Rudd's 2,700 word speech to the United Nations on Friday to articulate a way out of the global financial mess. The speech was in contrast to US Treasury secretray Henry Paulson's widely ...

Emergency Economic Stabilization Act of 2008

BENJAMIN ONG  |  MONDAY, 29 SEP 2008
Volatility ruled financial market activity last week as investors ignored economic data and focused on developments surrounding the US Treasury/Federal Reserve negotiations with Congress over their proposed bail-out package. Equity and bond markets ...