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| | | The record $A157 billion loss reported by AIG in the US and the resultant fourth rescue package from the US Treasury has resulted in the subsidiaries being quarantined into a special purpose vehicle, possibly in preparation for sale through an IPO. ... |
| | | | The Australian stock market was at a five year low at noon, dragged down by QBE Insurance and Rio Tinto as uncertainty about the US government's response to its weak economy weighed on prices. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was ... |
| | | | 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 ... |
| | | | The Australian share market received negative leads from Wall Street in the end, with all three key indices finishing in the red. Precious metals were down, but copper and oil were higher, crude jumping over six per cent. At 0814 AEDT on the Sydney ... |
| | | | The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ... |
| | | | The Australian share market is likely to open lower after shares on Wall Street slid again on Monday. All three key Wall Street indices were down, as were oil, gold and silver. Copper was up, however. At 0757 AEDT on the Sydney Futures Exchange, the ... |
| | | | The Australian share market again has received mixed leads from overseas overnight, with Wall Street indices down, precious metals lower, but copper and oil both were higher. At 0722 AEDT on the Sydney Futures Exchange, the March SPI futures index was ... |
| | | | ... determined how or in which format, Vamos said. "First step is media, the next step is other stakeholders...getting together a group like this and getting us to agree takes time and as soon as we agreed to the messages we just wanted to get it out there," ... |
| | | | A group of UK-based pension and fund managers, politicians and unions are urging the UK government and institutional investors to support regulatory reforms that will create a "sustainable" financial system. The statement, which is signed by Treasury ... |
| | | | ... headwinds as Republicans raised concerns about the bailout. The plan negotiated by the White House is being opposed by a group of conservatives led by Sen. John Ensign, who threatened to block the measure. In preliminary closing figures, the Dow Jones ... |
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