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Showing 171 - 180 of 561 results for "Spain"

Market Wrap

AAP  |  TUESDAY, 11 DEC 2012
... while Italian government borrowing costs spiked on the back of the political uncertainty. Madrid's IBEX 35 index in debt-hit Spain plummeted along with Milan in early trade, but nearly clawed back to positive territory, ending the day down 0.56 per cent ...

It's just plain dumb

BENJAMIN ONG  |  FRIDAY, 7 DEC 2012
... point five? That's still better than America's 8.0% or Europe's 11.7%. Not to mention the plus 26% rate of joblessness in Spain and Greece. But something positive could still result from all these Australian worry. It might cure what former RBA Governor ...

Market wrap AM

AAP  |  WEDNESDAY, 5 DEC 2012
... session had been boosted by a Greek debt buyback program and the approval by eurozone finance ministers of a bailout for Spain's troubled banks. But at the close, London's FTSE 100 index of leading companies had slipped 0.08 per cent lower to 5,869.04 ...

Market wrap AM

AAP  |  THURSDAY, 29 NOV 2012
... Paris the CAC 40 rose 0.37 per cent to 3515.19 points. However Madrid's IBEX 35 slid 0.33 per cent to 7837.60 points after Spain's nationalised Bankia said it would cut 6000 jobs, about 28 per cent of its staff, by 2015. The euro slipped to $US1.2923 ...

Sweeet!

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2012
... the eurozone. As 'The Economist' eloquently puts it, "The reduction in interest rates [for Greece] means that Italy and Spain are lending money to Greece for less than they can borrow. But they calculate that, in the long run, stabilising the euro zone ...

Euro endurance is lesser of two evils

MARK SMITH  |  TUESDAY, 27 NOV 2012
... economies of northern Europe dragged into recession. McMahon says that Germany had more than US$300 billion of exposure to Spain and Ireland alone at the end of 2011. While the economic costs of a break-up of the eurozone are highly prohibitive, the ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
Australians all, let's be afraid... be very afraid. We are heading down Spain's path to ruin. This is the recent spook being peddled by Standard & Poor's - you know the one, the credit-rater who gave what later turned out to be rubbish CDO's and other ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... measures, with accompanying violent protests on the streets of Athens and then surprise, surprise... measures passed. And in Spain, one week didn't make it do what financial markets want. It's still not officially begging for salvation. And oh, there's ...

FATCA discussions welcomed by FSC

BEN COLLINS  |  THURSDAY, 8 NOV 2012
... IRS hearing in Washington. The US government has announced its intention to form intergovernmental agreements with Italy, Spain, France, Germany, Japan and Switzerland and has recently signed an agreement with the UK.

Market wrap AM

AAP  |  THURSDAY, 8 NOV 2012
... points and in Paris the CAC 40 shed 1.99 per cent to 3409.59. Madrid's IBEX index lost 2.26 per cent to 7660.70 points as Spain's growth prospects grew darker. The euro fell to $1.2763 in late London deals, compared with $1.2814 late in New York on Tuesday. ...