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

Search Results

Showing 31 - 40 of 64 results for "Belgium"

Get up and go on board

BENJAMIN ONG  |  WEDNESDAY, 18 JAN 2012
... cowardly captain, Schettino, and are getting on board. Take for instance, the successful bond and bill auctions of France, Belgium, Italy, Spain and the European Financial Stability Fund (EFSF) right straight after S&P lopped their credit ratings. To ...

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... Greece is already junked. S&P warned that of the 15 Eurozone members, six countries - Germany, Austria, the Netherlands, Belgium, Luxembourg and Finland - face a one-notch downgrade while the remaining nine are staring at a two-step markdown. And for ...

Worry me not

BENJAMIN ONG  |  TUESDAY, 29 NOV 2011
... dismissed Italian newspaper, La Stampa's report that the IMF is readying a a,-600 bil bailout for Italy. Standard & Poor's cut Belgium's credit rating one-step lower to AA. And across the pond, US new home sales increased by 1.3% to an annualised rate ...

Those tight Aussies

BENJAMIN ONG  |  MONDAY, 28 NOV 2011
... up from the negative rates experienced in the four years from 2002 to 2005. Only the savings ratio of Ireland (14.4%), Belgium (11.0%) and Germany (10.9%) are expected to be higher next year. I wonder, wonder why? While Belgium and Germany have historically ...

Derivatives broker MF Global in administration

RACHEL DAVIS  |  TUESDAY, 1 NOV 2011
... losses were reported. As of last week, MF Global had a net exposure of $US6.29 billion in debt issued by Italy, Spain, Belgium, Portugal and Ireland. $US1.37 billion was from Portugal and Ireland. According to the bankruptcy filing, MF Global has 25,000-50,000 ...

US unlikely to follow EU short selling ban

ALEX DUNNIN  |  TUESDAY, 25 OCT 2011
... banks that have bought EU bonds, follows an earlier ban on short selling of financial stocks in France, Italy, Spain and Belgium. Critics believe this financial stock short selling ban indirectly destroyed confidence in Dexia that lead to the need for ...

Ausbil Dexia assures investors following European bailout

CLAIRE MCGREAL  |  TUESDAY, 18 OCT 2011
... for the Belgian government to buy its Belgian arm. To prevent the bank from going to the wall it was also decided that Belgium, France and Luxembourg would pump a total of 90 billion euro into the bank. Under the proposals, Belgium will provide 60.5% ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 OCT 2011
... German promise to back up beleaguered eurozone banks. Adding to the sense of optimism on Tuesday was a decision by France, Belgium and Luxembourg to bail out Dexia bank, the first lender to be dragged under by the European debt crisis. Tokyo closed 1.95 ...

The good, the bad and the whatever

BENJAMIN ONG  |  MONDAY, 10 OCT 2011
... Moody's cut the ratings of 12 UK banks citing the removal or lessening of government support and has warned it could put Belgium next in line on the barber's chair for a shave. And for a trifecta, Standard & Poor's was not to be outdone. It snipped the ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 OCT 2011
... Dexia was facing collapse, hit by lack of ready funding cash and a heavy exposure to debt-stricken Greece. France and Belgium stepped in to guarantee Dexia financing after the stock slumped 22 per cent on Tuesday, allowing it to finish with a modest ...