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| | | ... mouse-clicked conversation between Francesco Schettino, the captain of the cruise ship Costa Concordia that ran aground off Italy's Giglio island and Captain Gregorio De Falco of the Italian coast guard. What the heck is this doing in this column? Well ... |
| | | | ... 3.03 percent. Spain's 10-year yield fell four basis points to 5.19 percent, after advancing 10 basis points. The yield on Italy's 10-year bonds dropped two basis points after climbing 22 basis points." Perverse? Well, not really. This is because financial ... |
| | | | ... "There is a risk that European bonds will be sold and yields increased to levels that will be too high for nations such as Italy and Spain to pay over the longer term." At 1030 AEDT on Monday, the benchmark S&P/ASX200 index was down 36.9 points, or 0.9 ... |
| | | | ... marked the day when Standard & Poor's decided to go on a chopping spree. S&P lopped two notches off the credit grades of Italy (now BBB+), Spain (A), Portugal (BB) and Cyprus (BB+). No surprises here and the one-step downgrade of Malta (to A), Slovakia ... |
| | | | ... per cent, at 4,255.4. NEW YORK - US stocks clawed back early sharp losses on S&P's downgrade of France, Spain, Austria and Italy and new worries over Greece Friday, but still ended the day in the red. At the close the Dow Jones Industrial Average was ... |
| | | | ... Federative du Credit Mutuel Denmark's Danske Bank and Finland's OP Pohjola Group also took the hit. Meanwhile, a surge in Italy's borrowing costs and comments from policy makers that quashed hopes of a European Central Bank intervention sparked a selloff ... |
| | | | ... it's hard to see any upside in the near future." Adding to concerns around European debt were the ten-year bond prices in Italy, which have reached almost seven per cent, raising government borrowing costs to worrying levels. "In the next few months ... |
| | | | ... sentiment for these markets is still on the downside, even though there was some slightly better news with bond sales in Italy and Spain, they've not been reflected in the market." Looking ahead, Mr Ive said he thought there could be some movement in ... |
| | | | ... the European Central Bank will consider committing more money to lower borrowing costs of heavily indebted countries like Italy and Spain by buying their bonds. The Dow closed up 186.56 points, or 1.6 per cent, at 12,184.26. It's up 1.4 per cent for ... |
| | | | ... LONDON - European stocks advanced and bond yields fell after France and Germany announced eurozone reform proposals and Italy fresh austerity measures at the start of a critical week for the euro. European stocks gave up some of their gains at the end ... |
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