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Showing 211 - 220 of 236 results for "Portugal"

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 APR 2010
The Australian dollar was lower at noon after a downgrade in the credit ratings of Greece and Portugal prompted investors to offload higher-yielding assets. At 1200 AEST, the Australian dollar was trading at $US0.9191/93, down 0.62 per cent from Tuesday's ...

Knee-jerk reaction to late action

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2010
... stoppages and protests reducing GDP further. If ever there was a slippery slope, this is the one for Greece. S&P also reduced Portugal's credit rating by two steps to A- from A+. I wonder when they'll downgrade Ireland and Spain. They have much higher ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 APR 2010
... significantly weaker opening after Wall Street and European markets plunged due to worsening debt problems in Greece and Portugal. At 0748 AEST on the Sydney Futures Exchange, the June share price index contract was 90 points lower at 4,794 points. In ...

Seek and thou shalt find

BENJAMIN ONG  |  TUESDAY, 27 APR 2010
... places where the burden of tax and regulation is lightest." Seek and thou shalt find. There's Greece... and Ireland, and Portugal and Spain... and all other high deficit and heavily indebted sovereign countries. But is a country still a sovereign if ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 APR 2010
... in Europe's shared currency, the euro, and raised the troubling possibility that other weak European economies such as Portugal may also need to be bailed out. Investors sent homebuilder stocks higher after the National Association of Realtors said sales ...

Market Wrap - Midday

AAP  |  THURSDAY, 25 MAR 2010
... events. "I think the market was a little bit spooked by news that Fitch had downgraded the sovereign credit rating for Portugal," Mr Taylor said. "When you combine that with worse-than-expected new home sales data from the US, we saw the Euro come off ...

Fitch scare

BENJAMIN ONG  |  THURSDAY, 25 MAR 2010
... revisit the decade high of 7.06 per cent reached in January this year. And the Fitch comes along... Fitch Ratings lowered Portugal's rating to AA- with a negative outlook. The reason: "A sizeable fiscal shock against a backdrop of relative macroeconomic ...

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
... against its sovereign debts. The country is one of the four labeled at most risk of defaulting, the other three being Portugal, Italy and Spain (Hence the acronym PIGS). "What it means is that we've been very active in how we allocate across the different ...

Don't know where to go

BENJAMIN ONG  |  FRIDAY, 12 MAR 2010
... busily trying to find a way to hang speculators that they believe helped create - if not created - the crisis Greece - and Portugal, and Spain, and...-- now finds itself in. And for good measure, they are now having a gabfest about creating their own ...

More of the same

BENJAMIN ONG  |  THURSDAY, 11 MAR 2010
... naked sales on credit default swaps of sovereign debt." Ahhh yes, specyulators -- the fall guys for Greece's crisis. And Portugal's...and Spain's...and... But it won't have any teeth unless regulators in the rest of the G-20 nations (at least) institute ...