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Showing 411 - 420 of 777 results for "Greece"

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
... have yet to see the wild gyrations that we saw mostly in the third quarter of last year. That is until someone shouted 'Greece' and disrupted the sense of calm in the financial markets. As a result, the S&P 500 index has stopped counting its gains at ...

Market Wrap - Morning

AAP  |  MONDAY, 13 FEB 2012
... points, or 0.79 per cent, to 4,322.6 points. NEW YORK - US stock markets tumbled on Friday as new doubts surfaced over Greece's debt deal that just two days earlier seemed likely to go ahead. Ending its worst week more than a month, the Dow Jones Industrial ...

Volatility is MIA

BENJAMIN ONG  |  FRIDAY, 10 FEB 2012
... kashing, kashing of some a,-130 billion dropped into its begging bowl. Salvation! Salvation! Despair on news that despite Greece kowtowing to demands - to strangle itself - EU finance ministers currently holding an "emergency" meeting in Brussels do ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 FEB 2012
... to 4,357.1 points. NEW YORK - US stocks closed higher Thursday as signs strengthened of an imminent deal that would ease Greece's debt problems, and major US banks reached a settlement over foreclosure abuse allegations. The Dow Jones Industrial Average ...

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
... creditors. Ahhh, but it would end soon enough. One way or the other, demands and contra-demands would come to a compromise else Greece would be unable to find the a,-14.5 billion bond repayment due on 20 March. But right now, there's a Mexican standoff ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 FEB 2012
The Australian dollar has fallen back as traders remain concerned that a resolution for the Greece's debt woes will eventuate. At 0701 AEDT on Thursday, the Australian dollar was trading at 107.94 US cents, down from 108.18 cents on Wednesday afternoon. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 FEB 2012
... rate on hold. NEW YORK - US stocks closed in positive territory on Tuesday, clawing back from losses after reports that Greece was nearing a bailout deal to avoid defaulting on its debt. The Dow Jones Industrial Average rose 35.72 points (0.28 per cent) ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 FEB 2012
... crucial bailout package. Even though another round of deadlines have passed, the prevailing mood in the markets is that Greece will get a debt-reduction deal with its private creditors as well as a second bailout from its partners in the eurozone and ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
... cheers all around. The DJ Euro Stoxx-50 index closed 1.5% higher and the FTSE-100 jumped by 1.8%, ignoring reports that Greece and its creditors are still refusing to shake hands. It was the same story on the Street. The Dow rose by 1.2% -- perhaps not ...

Market Wrap - Morning

AAP  |  MONDAY, 6 FEB 2012
... its creditors over an unprecedented sovereign debt write-down but an accord remains elusive as a March 20 deadline for Greece to repay maturing debt looms closer. In London, the FTSE 100 index of leading shares closed up 1.81 per cent at 5,901.07 points. ...