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Showing 161 - 170 of 290 results for "Finance Minister"

Waiting for the midnight hour

BENJAMIN ONG  |  TUESDAY, 21 FEB 2012
It's now exactly one hour to midnight in Brussels as I write this and so far all we have is wishing and hoping and praying that all those seated around the negotiating table Yes Virginia, there's still no news out on whether the EU finmins did or didn't ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 FEB 2012
The Australian market looks set to open slightly higher, on hopes Greece will finally secure a massive bailout allowing the debt-crippled country to avoid defaulting on its debts. At 0800 AEDT on Tuesday, the March share price index futures contract ...

Market Wrap - Morning

AAP  |  MONDAY, 20 FEB 2012
The Australian dollar is higher after the Chinese central bank announced it will take action to stimulate its economy. At 0700 AEDT on Monday, the Australian dollar was trading at 107.82 US cents, up from 107.77 cents on Friday. Since 1700 AEDT on Friday ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 FEB 2012
... bailout on hold and the release of disappointing US retail data. The 17-nation bloc had demanded that Greece's finance minister come to Brussels with an extra 325 million euros ($A400.67 million) in budget cuts and written pledges from politicians to ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 15 FEB 2012
The Australian dollar has recovered earlier losses after Greek political leaders agreed to provide written commitments to stick with promised austerity measures. At 1200 AEDT on Wednesday, the Australian dollar was trading at 106.87 US cents, up marginally ...

Cheque's not yet in the mail

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2012
This Greek second bailout issue has become like that 'Pringles' ad - once you pop, you can't stop. Just when we thought that all was hunky-dory with regards to the Grecian circus, errr, crisis -- that the a,-130 billion bailout "hrimata" (money) was ...

The martyrdom of Greece

BENJAMIN ONG  |  TUESDAY, 14 FEB 2012
... more austerity measures, the ultimate effect will be the same. Misery for the Greeks. Not so according to German Finance Minister Wolfgang Schaeuble. "It is not about torturing the Greeks" but to give them an "adequate life". Talk to the hand Wolfgang. ...

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
... have every reason to be wary for Greece has consistently failed to deliver on its promises. According to German Finance Minister Wolfgang Schaeuble, Greece's new proposal would lower its debt to only 135% of GDP by 2020, far above the 120% expected as ...

Volatility is MIA

BENJAMIN ONG  |  FRIDAY, 10 FEB 2012
Whoops! Looks like I got one of my calls for the year wrong. And this is that high volatility would remain with us for most of 2012. Wrong, wrong, wrong. Volatility, instead, has gone MIA. Reports out last night should have provided the catalyst for ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 FEB 2012
The Australian market looks set to open higher following positive moves on Wall Street and most European markets after Greek ministers tentatively agreed on austerity measures needed for a 130-billion-euro ($A160 billion) bailout package. At 0825 AEDT ...