The Australian | Business | Banking & Finance

US deficit biggest problem: Gorman

Mon, 27 Jun 2011 14:00:00 GMT

THE biggest issue facing global markets is not Greece but the $1.5 trillion US budget deficit, Morgan Stanley chief James Gorman says.

Mon, 27 Jun 2011 14:00:00 GMT

MACQUARIE is expanding its bond and loan arranging business in Asia, as sales of so-called "dim sum" notes surge.

Mon, 27 Jun 2011 14:00:00 GMT

MULTIPLE pricing for MySuper funds remains a sticking point in negotiations over the federal government's superannuation reforms.

Mon, 27 Jun 2011 14:00:00 GMT

WAYNE Swan has talked up the economy's capacity to withstand another global downturn, but warned it was "not immune".

Mon, 27 Jun 2011 05:34:39 GMT

AROUND the globe, the inability of governments and households to reduce their debt continues to cast a shadow over Western economies.

Mon, 27 Jun 2011 02:28:19 GMT

TO better understand Germans' unease over subsidising their southern neighbours, consider Berliner Niko Strogies.

Mon, 27 Jun 2011 01:22:12 GMT

AXEL Weber says Europe needs to consider guaranteeing all Greece's outstanding debt because the only viable alternative is a messy default.

Sun, 26 Jun 2011 23:38:44 GMT

IOOF Holdings and DKN Financial Group have entered into a scheme of arrangement through which IOOF will acquire DKN for 80 cents a share.

Sun, 26 Jun 2011 23:27:29 GMT

FRENCH banks have proposed a plan to reinvest half the proceeds from maturing Greek government bonds, as part of a new bailout for Greece.

Sun, 26 Jun 2011 21:49:57 GMT

RISING labour costs in emerging countries threaten to set off a global inflationary spiral similar to the one triggered in the 1970s.