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Showing 311 - 320 of 493 results for "Italy"

Market Wrap

AAP  |  MONDAY, 5 DEC 2011
Australian shares gained 0.5 per cent after Italy announced $26 billion in tax hikes and spending cuts as it strives to avoid an economic meltdown. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was up 25.5 points, or 0.59 per cent, at 4,313.5 ...

BlackRock launches sovereign risk management fund

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
... identified deteriorating sovereign credit risks among 44 developed and emerging market countries, most recently pinpointing Italy's financial vulnerabilities well before financial markets came to a similar conclusion," said Miller. "We believe the new ...

She's becoming right, mate

BENJAMIN ONG  |  MONDAY, 5 DEC 2011
... far behind as it posted a 7.1% increase. Still, these were no match for the double-digit gains recorded in the bourses of Italy (+11.0%), France (10.8%), Germany (+10.7%), and Spain (10.2%). Looks like our mythological Sisyphus has rolled the boulder ...

A liquid Christmas

BENJAMIN ONG  |  THURSDAY, 1 DEC 2011
... mind that - for now - there are still no takers. Never mind too that a,-1 tril is too small to salvage too big too fail Italy - it has a,-1.8 tril worth of public debt according to The Guardian. Never mind that "the IMF has under US$400 billion available ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
... people and governments don't do the right thing absent the threat of sanctions or punishment. Given record high yields in Italy and Germany's failed bond auction and threat to France's credit rating, Eurozone authorities may (hopefully) decide that they've ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
... market looks set to open lower, following mixed movements on Wall Street but a higher close on European markets despite Italy being forced to pay record rates at a bond auction and intense pressure on eurozone finance ministers to avert economic meltdown ...

Worry me not

BENJAMIN ONG  |  TUESDAY, 29 NOV 2011
... defaults will continue to rise." Italian yields hit 7.3% in an auction of a,-567 mil 2023 inflation-linked bonds. And still in Italy, the International Monetary Fund (IMF) dismissed Italian newspaper, La Stampa's report that the IMF is readying a a,-600 ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 NOV 2011
... losses, with investors snapping up bargains despite a welter of what would normally be bad news. Dealers said a report that Italy was to get an International Monetary Fund (IMF) bailout, later flatly denied, was taken positively as offering a way out ...

Market Wrap - Morning

AAP  |  MONDAY, 21 NOV 2011
... cent. The euro climbed to $1.3515 from $1.3457 in New York late Thursday. European shares have fallen sharply this week as Italy, Spain and even France faced a sharp spike in borrowing costs, in a dangerous new phase as the debt crisis showed new signs ...

Prettiest of them all

BENJAMIN ONG  |  MONDAY, 21 NOV 2011
... continue to dominate. Notwithstanding recent data indicating that the US economy is re-accelerating and despite Greece and Italy have new PMs - Papademus and Monti. Gold may have fallen by 9.2% after reaching an-all time of US$1898.25 per ounce but if ...