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Showing 931 - 940 of 983 results for "Financial System"

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... bailout of Bear Sterns and Fannie Mae/Freddie Mac - plus AIG -- had only delayed the eventual cleansing of the financial system. The Financial Standard Intelligence Unit (FSIU) has warned may times in the past about the dangers of what the market calls ...

Moral hazard remains

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2008
... Wall Street overnight as investors continued to digest the implications of the Lehman Brothers' collapse on the financial system. Equities were whipsawed, first sliding on the US Federal Reserve's decision to keep interest rates on hold at 2 per cent ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... are dumping their shareholdings, worried that the piece of paper they are holding would become worthless as the financial system goes into shock. The S&P 500 posted its steepest one-day fall (4.7 per cent) since the September 11 attacks to its lowest ...

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 ...

US and Aus open equities borders

MICHAEL HOBBS  |  TUESDAY, 26 AUG 2008
... takes Australia a step closer to being a global financial centre and is proof that Australia has a well-regulated financial system, said Investment and Financial Services Association (IFSA) chief executive, Richard Gilbert. The agreement means SEC and ...

More Fed pump-priming

BENJAMIN ONG  |  THURSDAY, 31 JUL 2008
... Securities facility (TSLF), lasting two weeks or less. These actions indicate the Fed's continuing concern over the US financial system and should douse speculation that interest rates will rise anytime soon. However, US equity market gains were tempered ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 JUL 2008
... against 4.462 per cent. LONDON - European stock markets closed sharply higher as concerns over the US economy and financial system eased following a better-than-expected result at US bank Wells Fargo. In London, the FTSE 100 index added 135.70 points ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUL 2008
... stock market is expected to open lower after US stocks sank on lingering concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae. Local energy stocks are expected to suffer from ...

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUL 2008
... cent lower at noon, led by the big banks, after US stocks slipped on lingering concerns about the health of the financial system. Energy stocks and some of the gold miners were bright spots on the market after oil stayed near a record and the precious ...

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
... institutions around the world. Its continued strength is important to maintaining confidence and stability in our financial system and our financial markets. Therefore we must take steps to address the current situation as we move to a stronger regulatory ...