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Barclays to acquire Lehman assets

by Staff Reporter • 17 Sep 2008
Barclays announced today that it has agreed to purchase Lehman Brothers’ North American investment banking and... READ MORE
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Federal Reserve makes billion dollar rescue loan for AIG

by Staff Reporter • 17 Sep 2008
The US Federal Reserve has agreed to lend up to US$85 billion (A$105 billion) to AIG as an emergency loan for the... READ MORE
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October rate cut unlikely

by Staff Reporter • 17 Sep 2008
Recent catastrophic events in the US financial sector and global economic uncertainty are unlikely to prompt the RBA... READ MORE
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No change to US cash rate

by Staff Reporter • 17 Sep 2008
The US Federal Reserve left interest rates on hold when it met overnight, defying market expectations that Wall Street... READ MORE
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American insurance giant on verge of collapse

by Staff Reporter • 16 Sep 2008
American International Group (AIG) could become the third major victim of the credit crisis in a week as it struggles... READ MORE
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UK economy tipped to recover in late 2009

by Staff Reporter • 15 Sep 2008
The UK may already be in recession, but it will not be as prolonged as that 1990s downturn, the Confederation of... READ MORE
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NZ Rate cuts spark jump in consumer confidence

by Staff Reporter • 15 Sep 2008
Consumer confidence has risen to a five year high in New Zealand following the Central Bank’s decision to... READ MORE
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Liquidation almost imminent for Lehman Brothers

by Staff Reporter • 15 Sep 2008
The United States faces the possible collapse of Wall Street giant Lehman Brothers as negotiations fail to spur any... READ MORE
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Inflation tipped to fall

by Staff Reporter • 12 Sep 2008
Consumer inflationary expectations eased in September, the Melbourne Institute’s Survey of Consumer Inflationary... READ MORE
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Strong employment figures throws doubt on October rate cut

by Staff Reporter • 11 Sep 2008
Lower than expected unemployment figures released by the ABS reduce the likelihood of another rate cut next month. READ MORE