showOdiogoReadNowButton (”93992″, “Bank Policy for Australian Government”, “42″, 290, 55);
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The Australian (Labor) government will retain its ruling of four pillars banking regulation in a bid to prevent mergers from Australia’s four biggest banks, said the Australian treasurer Wayne Swan on Monday.
The government will also establish a scheme that would give depositors [...]
Popularity: 59% [?]
showOdiogoReadNowButton (”93992″, “Fingerprint collection for international travellers”, “39″, 290, 55);
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The Bush Administration has proposed to require fingerprint collection from international visitors when they are going through airports or cruise liners. The fingerprints collected would be sent to Homeland security department soon after the visitors leave, according to a proposed rule.
(Here’s a [...]
Popularity: 96% [?]
showOdiogoReadNowButton (”93992″, “US Tax Relief for Banks and Homebuilders”, “37″, 290, 55);
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In an aggressive effort to help home builders and struggling owners, the US Senate passed a combination of tax breaks to address the dwindling housing market.
The senate passed a regulation by allowing a $25.5B new property tax deduction to relieve [...]
Popularity: 91% [?]
showOdiogoReadNowButton (”93992″, “Losses mount for Opes Prime’s clients in Australia”, “33″, 290, 55);
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In the last couple of days, huge losses mount for Opes Prime’s clients as the stockbroking firm had been determined that it was insolvent.
(graphic picture taken from website: www.opesprime.com.au)
Opes prime is a firm that deals in stockbroking, asset management [...]
Popularity: 100% [?]
showOdiogoReadNowButton (”93992″, “Have we seen the bottom?”, “28″, 290, 55);
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I am a little surprised on where the market is at the moment. I initially thought, we had a fair way to go further down and yet it seems that big Ben had his way on the Fed intervention. On a technical [...]
Popularity: 85% [?]
showOdiogoReadNowButton (”93992″, “Fed Lowers Rate”, “27″, 290, 55);
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As per my previous post about the Federal Reserve lowering rate, as of this morning (US time) they have indeed lowered their rate to as low as 75 basis points. Although, the expectation in the market is around 100 to 200 basis points [...]
Popularity: 79% [?]
showOdiogoReadNowButton (”93992″, “Federal Reserve - Another Rate Cut?”, “26″, 290, 55);
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Many in the market are expecting that the Federal Reserve will make another rate cut as a reflection of the deteriorating state of the US economy. In a desperate attempt to save an economy in crisis, it is expected that this [...]
Popularity: 80% [?]
showOdiogoReadNowButton (”93992″, “JP Morgan to Buy Bear Stearns at $2 a Share”, “25″, 290, 55);
showInitialOdiogoReadNowFrame (”93992″, “25″, 290, 0);
This is the latest news in US.
Bear Sterns is a company that was trading at around $170 in February last year is now to be overtaken by JP Morgan at just $2 a share.
The Federal Reserve’s attempt [...]
Popularity: 78% [?]
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