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Showing 921 - 930 of 1265 results for "US DOL"

Market Wrap - Midday

AAP  |  TUESDAY, 2 JUN 2009
The Australian share market was lifted in morning trade by big gains among resources stocks in the wake of higher commodity prices. At 1200 AEST, the benchmark S&P/ASX200 was up 68.8 points, or 1.77 per cent, at 3963.2, while the broader All Ordinaries ...

Market Wrap - Midday

AAP  |  MONDAY, 1 JUN 2009
The Australian share market rose during the morning to be about one per cent higher at noon, led by the miners after base metals prices improved on Friday and gains in US equities. At 1200 AEST, the benchmark S&P/ASX200 was up 44.3 points, or 1.16 per ...

We've left bottom

BENJAMIN ONG  |  TUESDAY, 26 MAY 2009
Equity markets have come a long way after hitting their lows in March. Their run-up was first measured in days, day stretched into weeks and now...months. The optimism engendered by the slowly mounting economic indications that the market has left the ...

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
Indications are emerging that markets are 'starting to heal' but 'forceful and sustained' policy actions are still needed. These words from US Treasury Secretary Timothy Geithner perhaps best sum up the macro-environment for the second quarter economy ...

Easing Libor pains

BENJAMIN ONG  |  TUESDAY, 19 MAY 2009
No more Libor pains. The trillions of dollars flooding the financial system have already bought optimism for an eventual economic recovery - now it is also buying trust. Trust among banks, that is. Yesterday, I talked about the Libor/OIS spread - a ...

Beggar thy neighbour

BENJAMIN ONG  |  MONDAY, 23 MAR 2009
2009 will be the Year of Africa if Pope Benedict the XVI has his way. Chances are, given the way the global community is now suffering from its greed-infected wounds, he may not have long to wait. Despite all the technological advances, medical discoveries ...

Market Wrap - Midday

AAP  |  FRIDAY, 20 MAR 2009
The Australian stock market was flat at noon, with gains in resources and energy stocks offset by losses in the financial sector. At 1200 AEDT the benchmark S&P/ASX200 was steady at 3,480.2, while the broader All Ordinaries was up 1.9 points, or 0.06 ...

Go for gold

BENJAMIN ONG  |  FRIDAY, 20 MAR 2009
The US Federal Reserve's announcement that it is releasing freshly minted greenbacks worth US$1.25 trillion to rescue the convulsing economy threatens the return of high inflation when the current global financial crisis is but a painful memory. Inflation ...

Fresh mint

BENJAMIN ONG  |  THURSDAY, 19 MAR 2009
Last night the US Federal Reserve made Wall Street an offer it could not refuse - 1.25 trillion freshly minted greenbacks. After heading south for most of the trading session, the S&P 500 changed direction and headed for a more than 2 per cent gain ...

Main Street versus Wall Street

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2009
Wall Street jumped again overnight but Main Street's mood has turned from nervous insouciance to outright outrage. Hip, hip, hurray! Wall Street greeted St. Patrick's Day with a 3.2 per cent rally in the S&P 500, a 2.5 per cent jump in the Dow and the ...