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Showing 301 - 310 of 328 results for "Spain ; 2 % -3 %"

Sell in May

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2010
"Sell in May then go away." It has to happen this month, doesn't it? Every time the fifth moon of the year is upon us, theories, studies and reports proving or disproving this quotation come a-visiting. By merely stating this observation, I guess I ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 MAY 2010
Australian shares are likely to slump on Wednesday after US and European stocks dropped as fears spread that Europe's attempt to contain Greece's debt crisis would fail. At 0732 AEST on the Sydney Futures Exchange, the June share price index contract ...

Contagion has already happened

BENJAMIN ONG  |  THURSDAY, 29 APR 2010
Darn! Should have bought instead of sold yesterday! This will be that all too familiar refrain from many market pundits who got swept away from the sensationalisation of the Greece. Worse, others -- like US Marines -- just followed the crowd. As in ...

Knee-jerk reaction to late action

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2010
Here we go again! The rough and tumble of Wall Street on display as investors knee-jerkingly reacts to what is -- in the words of Donald Rumsfeld - a "known known." The problem that just won't go away; like an irritating fly in the midst of an Australian ...

Seek and thou shalt find

BENJAMIN ONG  |  TUESDAY, 27 APR 2010
What's wrong with Wall Street this time? There must be something in the water when solid corporate earnings result still gets it down. According to Bloomberg, more than 80 per cent of companies in the S&P 500 that have already reported their first quarter ...

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
... 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 sovereign ...

Love thy neighbour

BENJAMIN ONG  |  MONDAY, 15 FEB 2010
Chinese New Year. Valentine's Day. They fell on the same day this year. The Chinese all around the world and lovers of all nationalities were torn about which day to celebrate. Easy for the Chinese -- the celebration of the "Year of the Tiger" takes ...

Trichet to the rescue

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2010
"Efxaristo para poli!" That's Greek for thank you very much. What in the world could possibly make European Central Bank President (ECB) Jean-Claude Trichet abandoned the summer sunshine in Sydney - and the company of the 23 other central representatives ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
"Absolutely not!" "That will never happen to this country." This was US Treasury Secretary Timothy Geithner's when ABC News asked if he was concerned over a possible downgrade of America's credit rating. Worries about the US credit rating made the headlines ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 FEB 2010
... sustainability of the global economic recovery. Concerns have grown that some European countries -- Greece, Portugal and Spain -- may not be able to handle their mounting levels of debt. Stocks have also been hurt by China's plans to contain economic ...