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Showing 111 - 120 of 254 results for "Bankrupt"

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
Global traders are rushing to buy gold as the eurozone crisis once again rears its ugly head. The number of traders betting on a rise in the price of the precious metal grew faster than at any point since the onset of the financial crisis, according ...

Treasuries - safe but not so rewarding

BENJAMIN ONG  |  MONDAY, 25 MAR 2013
... order to avail of a,-10 billion bail out. Talk about being crushed between a rock and hard object. Bank run if it does bankrupt if it doesn't. And so Virginia, we're back to the usual speculations of not so long ago. No Cyprus bank bailout, Cyprus government ...

Ripples from a pebble

BENJAMIN ONG  |  MONDAY, 18 MAR 2013
Is this the tiny pebble that trips the bull? I planned to discuss how being in cash is an even riskier proposition at this precise moment in time because of its negative inflation-adjusted returns and using as lead "The Daily Telegraph's" story about ...

Two liquidators punished by ASIC

BEN COLLINS  |  TUESDAY, 26 FEB 2013
... decision following orders made on 17 December 2012 in the Federal Court of Australia, which resulted in Pattison becoming a bankrupt. In a separate decision on 21 January 2013, Pattison was disqualified by ASIC from managing corporations for four years ...

Sweeet!

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2012
Greece is saved... again! Wall Street back to worrying about the cliff... again! Yes Virginia, this is another I told you so moment. You, I and Irene expected these to happen all along: We won't have closure on that US$607 billion fiscal cliff until ...

Market wrap AM

AAP  |  WEDNESDAY, 28 NOV 2012
The Australian market looks set to open lower following falls on Wall Street after Greece secured a revised bailout deal that will help it again avert a default on its huge debt load. At 0631 AEDT on Wednesday, the December share price index futures ...

Euro endurance is lesser of two evils

MARK SMITH  |  TUESDAY, 27 NOV 2012
The euro will survive because the financial and social cost of failure is too great, according to UBS's David McMahon. The seemingly insurmountable level of debt in the eurozone remains arguably the single biggest concerns for global investors but McMahon ...

Market Wrap AM

AAP  |  TUESDAY, 27 NOV 2012
The Australian market looks set to open flat following a mixed performance on Wall Street and as markets await the outcome of a eurozone ministers meeting on a Greek bailout package. At 0644 AEDT on Tuesday, the December share price index futures contract ...

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
Now what's wrong this time? The US Bureau of Labor Statistics released the 'mother-of-all-economic statistics' at the end of last week's trading and it was good. But how did Mr. Market react? He thought it was good too until... he didn't. The S&P 500 ...