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Showing 2051 - 2060 of 2520 results for "Central Bank"

Shocked, not awed

BENJAMIN ONG  |  FRIDAY, 14 MAY 2010
... not worth US$1 trillion anymore given the euro's decline -- includes loan guarantees on sovereign debts, European Central Bank purchases of government and corporate bonds and provision of unlimited credit to European banks. The US Federal Reserve also ...

Trillion dollar kitchen sink

BENJAMIN ONG  |  TUESDAY, 11 MAY 2010
... from the IMF -- shall be made available to members in financial stress. And if these were not enough, the European Central Bank (ECB) will start buying bonds of distressed Eurozone countries. Still not enough? The Fed has reopened its emergency currency-swap ...

Market Wrap - Morning

AAP  |  TUESDAY, 11 MAY 2010
The Australian share market has received strongly positive leads from offshore trading overnight, as markets rebounded on optimism following the European rescue plan. At 0657 AEST on the Sydney Futures Exchange, the June share price index contract was ...

Death by algorithm

BENJAMIN ONG  |  FRIDAY, 7 MAY 2010
... crisis. But this might be resolved through concerted action by the G-20 and/or quantitative easing by the European Central Bank. Or perhaps... China could buy Greece. In the end, this correction could prove to be another good entry point for investors ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 MAY 2010
... LONDON - European stock markets lost ground on Thursday as remarks on the Greek crisis by the head of the European Central Bank (ECB) failed to reassure anxious investors. ECB head Jean-Claude Trichet ruled out a Greek debt default and insisted that ...

Global Sovereign Crisis

BENJAMIN ONG  |  THURSDAY, 6 MAY 2010
... Strauss-Kahn was quoted in Le Parisien saying that, "There is always a risk of contagion." This is echoed by European Central Bank council member Axel Weber warning that there is a threat of "grave contagion effects." But I think OECD Secretary General ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 MAY 2010
... Hong Kong shares closed 0.23 per cent lower amid lingering concern about credit-tightening steps in China after the central bank increased the amount of money lenders must keep in reserve. The benchmark Hang Seng Index was down 48.31 points at 20,763.05. ...

Troubled Greece to freeze pensions

RUTH LIEW  |  TUESDAY, 4 MAY 2010
... revive its ramshackle economy. Greece reached the agreement with the IMF, the European Commission, and the European Central Bank in early May. The $157 billion financing package came with conditions, including budget cuts, a freeze in wages and pensions ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 APR 2010
... public deficit problems without outside help. Dealers said the mood calmed somewhat in the afternoon after European Central Bank head Jean-Claude Trichet insisted Athens was not near default on its debt but the issue shows no sign of being settled. Greek ...

How high and how long

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2010
"It was the best of times, it was the worst of times..." These words from Charles Dickens' novel, A Tale of Two Cities, have again been brought to life by two opposing monetary prescriptions by two central banks - further interest rate hikes for the ...