Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 481 - 490 of 561 results for "Spain"

Market Wrap - Morning

AAP  |  THURSDAY, 17 JUN 2010
... press reports said the International Monetary Fund was working with the European Union and Washington on a rescue plan for Spain, plagued by big public deficits and credit difficulties confronting its banks, worth up to 250 billion euros. But the IMF ...

Toot those Vuvuzelas

BENJAMIN ONG  |  WEDNESDAY, 16 JUN 2010

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUN 2010
... by expectations that European growth will be weighed down for the foreseeable future by governments' deep spending cuts. Spain admitted it was having trouble reforming its labor market - a key element in resurrecting its economy - in the face of opposition ...

The future according to Ben

BENJAMIN ONG  |  WEDNESDAY, 9 JUN 2010
... committed to avoiding default in Greece" and the 750 billion euros "certainly covers the obligations of Greece and Portugal and Spain for a number of years." Don't get me wrong, I have no problem nor could I argue with his words but I noticed that financial ...

On caution's side

BENJAMIN ONG  |  TUESDAY, 1 JUN 2010
... still certain what the end game in Europe would be - Greek default? Greece banished from the Eurozone? The Portugal, then Spain, then... European recession? Then global double dip? As the Organisation for Economic Cooperation and Development (OECD) warned ...

Market Wrap - Morning

AAP  |  TUESDAY, 1 JUN 2010
... spring bank holiday. FRANKFURT - European stock exchanges closed generally weaker in sluggish trade in the aftermath of Spain's debt rating downgrade. Market action was subdued also in the absence of activity in London and on Wall Street. Bucking the ...

Market Wrap - Morning

AAP  |  MONDAY, 31 MAY 2010
Australian shares are set to open lower after Wall Street fell on Friday as a downgrade of Spain's credit rating added to worries about the eurozone's financial woes. At 0733 AEST on the Sydney Futures Exchange, the June share price index contract was ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 MAY 2010
... of risk assets including other Asian shares, oil and higher yielding currencies. It was triggered in part by the Bank of Spain's take over of a small savings bank, and exacerbated by a report that North Korean leader Kim Jong-il has ordered his military ...

Hold, Fold or Run

BENJAMIN ONG  |  TUESDAY, 25 MAY 2010
... Jitters about the continent's financial stability received a further blow over the weekend following news that the Bank of Spain has taken over CajaSur -- a regional savings bank. But haven't central banks and government institutions been rescuing the ...

Detox

BENJAMIN ONG  |  MONDAY, 24 MAY 2010
... austerity measures. The announcement of these alone sparked violent and deadly protests in the country. Fingers were pointed. At Spain and Portugal. Both of which announced harsh fiscal policy actions aimed at climbing out of the debt and deficit hole ...