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Showing 151 - 160 of 232 results for "Portugal"

China surprise

BENJAMIN ONG  |  FRIDAY, 15 APR 2011
... There's also the same old refrain out of Europe. Sovereign bond yields jumped overnight led by none other than the PIGIS (Portugal, Ireland, Greece, Italy, Spain). The trigger? Germany's Finance Minister Wolfgang Schaeuble told his country's Die Welt ...

Market Wrap - Morning

AAP  |  TUESDAY, 12 APR 2011
... lower on Monday, with investors consolidating recent gains ahead of quarterly corporate results while the euro eased as Portugal prepared for debt rescue talks. In London, the FTSE 100 index of leading shares closed down just 0.04 per cent at 6,053.44 ...

Been there, done that

BENJAMIN ONG  |  TUESDAY, 12 APR 2011
... Of course they wouldn't, unless they have a death wish. Been there, done that! There's news out of Europe concerning Portugal. Lisbon officials are meeting with a delegation from the IMF, the ECB and the EU to discuss the terms of its bailout, whispered ...

Market Wrap - Morning

AAP  |  MONDAY, 11 APR 2011
... as oil prices soared, gold hit new highs and EU finance chiefs agreed on the need for a multi billion-euro bailout for Portugal. London's FTSE 100 index of leading shares rose 48.38 points, 0.81 per cent, to 6,055.75 points. In Paris, the CAC 40 rose ...

Yikes the ECB hikes

BENJAMIN ONG  |  MONDAY, 11 APR 2011
... raised its refinancing rate to 1.25 per cent after holding it at an "emergency" low of 1.0 per cent since May 2009. With Portugal joining Greece and Ireland in the "begging for funding" list just a day before the ECB Governing Council's decision - and ...

Unshaken and unstirred

BENJAMIN ONG  |  FRIDAY, 8 APR 2011
... equity markets seemed unfazed. The Euro Stoxx 50 index fell by less than 0.3 per cent overnight. And this in spite of Portugal now going cap-in-hand to the EU/IMF for a bailout whispered to be around 75 billion euros (US$107 billion). Spain's surely ...

Market Wrap - Morning

AAP  |  FRIDAY, 8 APR 2011
... recovers from its record shock last month. Dealers said investors had a lot of news to deal with - a eurozone rate rise, Portugal seeking a debt bailout, more Middle East unrest - but had coped well for most of the day, finding support in strong US jobs ...

Fed money drives black swans away

BENJAMIN ONG  |  THURSDAY, 7 APR 2011
... compromise. This time, it won't be different. No worries. There seems to be no worries for the Eurozone too, even after Portugal announced that - dare they say it, it would be seeking EU/IMF financing bail out. What happened to Spain would be next in ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 APR 2011
... per cent where they have been since May 2009 in an effort to bolster the economy. Dealers said even the situation in Portugal, which looks increasingly likely to have to ask for an international bailout, also seems to have been priced in. In London ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 APR 2011
... early trading, following most world markets, after China raised a key lending rate and the rating agency Moody's lowered Portugal's credit rating. A survey from the Institute for Supply Management reported growth at service companies last month but at ...