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Showing 81 - 90 of 92 results for "President Obama"

Market Wrap - Morning

AAP  |  MONDAY, 16 FEB 2009
... it with a weekly decline of 5.2 per cent. The gears are moving in Washington. On Friday, the White House said President Obama will outline steps to stem home foreclosures next Wednesday, and the House passed a $US787 billion economic stimulus bill. Wall ...

No meat

BENJAMIN ONG  |  WEDNESDAY, 11 FEB 2009
... Street's benchmark equity indices down almost 5 per cent overnight. Not even reports that the US Senate has approved President Obama's US$838 billion economic stimulus package proved enough to contain investors' angst. The Financial Stability Program ...

Transcending politics

BENJAMIN ONG  |  TUESDAY, 10 FEB 2009
... January. But whatever the final amount of the package, something has to be done and it has to be done now. To quote President Obama, 'Economists from across the spectrum have warned that if we don't act immediately, millions more jobs will be lost, and ...

Market Wrap - Midday

AAP  |  MONDAY, 9 FEB 2009
... fallen. "The Olivier job index is weaker as well," Mr Sebastian said. "Most US investors are pinning hopes on President Obama's stimulus plan and factoring out the employment numbers, and we're doing the same here." Mr Sebastian said the resources sector ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... weaker profits, leads to job shedding. It is this negative feedback loop that must be stopped -- and soon. Will President Obama's US$800 billion (give or take depending on tomorrow's Senate negotiations) stimulus package be sufficient to short circuit ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 JAN 2009
... 2.15 per cent to 3,009.75. TOKYO - Japanese shares gained on Thursday as investors hoped for bold action by US President Obama to nurse the economy back to health after the House of Representatives approved a stimulus package. The Tokyo Stock Exchange's ...

Sucked in

BENJAMIN ONG  |  TUESDAY, 27 JAN 2009
... Congress and vetted by the Senate. But while US congressmen display their gift of gab, arguing for and against President Obama's proposed US$825 billion bail-out package, the number of workers losing their jobs, people losing their homes, businesses ...

Read between the headlines

BENJAMIN ONG  |  THURSDAY, 22 JAN 2009
... headlines made it onto computer screens, it dipped by a mere 0.9 per cent. The feel good factor and optimism that President Obama engenders could be having their desired effect - restoring confidence. Because it is only when consumers are confident that ...

Obama: he's the man

BENJAMIN ONG  |  WEDNESDAY, 21 JAN 2009
... of the problem is huge and it is growing by the day. But at the same time, the world's enthusiastic welcome for President Obama could provide the spark to turn soured confidence around and eventually restore faith in the tenet of capitalism and in America. ...

The day after tomorrow

BENJAMIN ONG  |  TUESDAY, 20 JAN 2009
... was fixed - Bill Clinton passed on the reins to George W. with a US Budget surplus 'as far as the eye can see' - President Obama is expected to fix a financial system, nay a capitalist system, that is disintegrating by the day - not only in his own backyard ...