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Showing 1471 - 1480 of 1956 results for "Default"

Market Wrap -Morning

AAP  |  TUESDAY, 28 JUN 2011
... Monday as investors welcomed encouraging news from European on progress toward staving off a potentially destabilising default by Athens. The Dow Jones Industrial Average rose 108.98 points (0.91 per cent) to close at 12,043.56. The broader S&P 500 climbed ...

Better second half

BENJAMIN ONG  |  TUESDAY, 28 JUN 2011
... rejects an austerity programme demanded by international creditors." According to the official, "The next step is not a default of Greece." You got that? No D-E-F-A-U-L-T whatever Greece does - for now at least. So I really don't know why the EU/ECB/IMF ...

Market Wrap - Midday

AAP  |  MONDAY, 27 JUN 2011
... parliament is set to vote this week on a package of deep austerity cuts designed to prevent a potentially destabilising default. The $US40 billion ($A38.09 billion) package of cuts is deeply unpopular, but has been demanded by the European Union and ...

Market Wrap - Morning

AAP  |  MONDAY, 27 JUN 2011
... the Greek parliament is set to vote on a package of deep austerity cuts designed to prevent a potentially destabilising default. The $US40 billion ($A38.09 billion) package of cuts is deeply unpopular but has been demanded by the European Union and the ...

Time to call it quits - again

BENJAMIN ONG  |  MONDAY, 27 JUN 2011
... the Eurozone over the weekend confirmed my early prediction that there's no way out for Greece but an honest-to-goodness default. It's just in too deep in the hole it dug itself in. Short of kicking the can further down the road, European authorities ...

Big Benny and little Greece

BENJAMIN ONG  |  FRIDAY, 24 JUN 2011
... reports released overnight really did not add to what we already know. We already know that Greece will be bailed out for a default because its exit from the Eurozone would trigger a game of "who's next?" Small and insignificant Greece may be to the ...

Market Wrap - Morning

AAP  |  THURSDAY, 23 JUN 2011
... a three-week high as short-covering kicked in after Greece's government survived a confidence vote crucial to avoiding default, with recent decliners such as Sony Corp scoring big gains. The Greek vote had an immediate impact with the euro managing short-term ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 JUN 2011
... Dow has risen for four straight days amid optimism that Europe and the IMF will succeed in their plan to prevent a Greek default, which could have potentially devastating consequences for Europe's banks. Caterpillar, whose stock is seen as highly sensitive ...

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
The Greek debt crisis is increasing the cost of funding for Australia's Big Four banks, but credit market experts say rising deposit rates are counteracting the threat. As the sovereign debt crisis in Europe continues to drag on with a 12 billion Euro ...

European authorities will blink

BENJAMIN ONG  |  TUESDAY, 21 JUN 2011
... France, to Germany, to the US, to the world. There's no way out. If the Eurozone is so frightened by the prospect of a default by one of its members - and breaking up the single currency region - there really is no sense in delaying the inevitable - ...