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Showing 31 - 40 of 61 results for "Cyprus"

Template of a bail-in?

BENJAMIN ONG  |  TUESDAY, 26 MAR 2013
... themselves in the foot. Financial markets celebrated after reports that a deal had been struck between the government of Cyprus and its benefactors. Nobody gave two hoots whether it's a bail-out or what it's being now called - a bail-in. It's a bail-in ...

Market Wrap

AAP  |  TUESDAY, 26 MAR 2013
... up four points, or 0.08 per cent, at 4,980.8 points. NEW YORK - US stocks have closed firmly higher amid hopes that the Cyprus banking crisis will be resolved this weekend. The Dow Jones Industrial Average finished up 90.54 points (0.63 per cent) at ...

Market Wrap PM

AAP  |  MONDAY, 25 MAR 2013
The Australian share market has opened higher as investors await the outcome of talks over Cyprus's debt bailout. CMC Markets chief market analyst Ric Spooner said the Australian market had a firm opening, with financial services and consumer stocks ...

Reignited euro crisis prompts gold rush

MARK SMITH  |  MONDAY, 25 MAR 2013
... jobless rate last month was 7.7%. Meanwhile, news outlets are reporting that a draft deal has been reached on how to manage Cyprus' debt problem. Initial reports suggest that a significant levy on deposits over a,-100,000 in Cypriot banks are part of ...

Treasuries - safe but not so rewarding

BENJAMIN ONG  |  MONDAY, 25 MAR 2013
... the bond market waves the white flag and give up the fight for investor dollars to the market for equities. That's until Cyprus. It has to come up with a,-5.8 billion (by taxing bank deposits, etc.) of its own in order to avail of a,-10 billion bail ...

Market Wrap

AAP  |  MONDAY, 25 MAR 2013
... up four points, or 0.08 per cent, at 4,980.8 points. NEW YORK - US stocks have closed firmly higher amid hopes that the Cyprus banking crisis will be resolved this weekend. The Dow Jones Industrial Average finished up 90.54 points (0.63 per cent) at ...

Falling BRICs

BENJAMIN ONG  |  FRIDAY, 22 MAR 2013
... leadership. Haha. Talkin' bout desertions, well find out on Monday whether the Cypriots will. This is the deadline the ECB gave Cyprus to come up with a bailout agreement or it'll halt emergency funding of the tiny island nation's banks. Didn't the ECB ...

Ben's your uncle

BENJAMIN ONG  |  THURSDAY, 21 MAR 2013
Fed promise soothes Cyprus worries. These five words sum up the financial markets' performance while we slept. Good thing the US Federal Reserve's monthly FOMC meeting came when it did -- right in the midst of another bout of European contagion speculation. ...

No Grexit, no Cyprexit

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2013
Go ahead punk, make my day! This is basically what the Parliament of itsy-bitsy-teenie-weenie Cyprus told its Goliath paymasters when it rejected their demand to impose a tax on bank deposits as a pre-condition to their salvation. Not one of the 56 ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 MAR 2013
The Australian market looks set to open lower following falls on European bourses as Cyprus' international bailout appeared close to unravelling. At 0655 AEDT on Wednesday, the March share price index futures contract was down 26 points at 4,977. In ...