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Showing 31 - 40 of 42 results for "PIGS"

PIMCO Australia draws record $30bn FUM

MICHELLE BALTAZAR  |  WEDNESDAY, 24 MAR 2010
... 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 issuers, and being very much ...

End game

BENJAMIN ONG  |  THURSDAY, 18 MAR 2010
... wins? Neither. Not the US, not China...and all of us will be caught in the crossfire. Can the US force China to revalue? Pigs may fly. If China was the developing, struggling economy way back then, sure - 100 per cent it can be bullied into submission. ...

Sentiment stirs bad mood

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2010
... in one gust the month the survey was taken. You'd be depressed too Virginia if all these problems - plus worries about the PIGS and China - were dangled in front of your nose all in one go. But one swallow does not make a spring. This is just one month's ...

In the eyes of the beholder

BENJAMIN ONG  |  FRIDAY, 19 FEB 2010
... financial markets. There were renewed stirrings of gloom and doom. China upped its reserve requirement again. Gloom. The PIGS are struggling under the weight of too much ingested debt, threatening indigestion in the whole of the European Union. They're ...

Change of heart

BENJAMIN ONG  |  TUESDAY, 16 FEB 2010
... it comes at a time when domestic demand is not contributing much - or none at all - to overall economic growth. When the PIGS crisis is over - and it will be - we'll hear the same refrain again. Should have stayed with the euro, could have bought more ...

Trichet to the rescue

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2010
... concern that he would not catch a connecting flight and therefore miss the EU summit" scheduled for Thursday. Yeah sure! And pigs can fly! Hold on...yes, it must be because of the PIGS. The financial markets certainly thought so...and they liked it. ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
... evil". UK bonds? It's in the same boat as the US, they will rise or sink together. The Eurozone? Not with the headlines the PIGS are getting these days. Barclays Capital reported that Portugal's external liabilities are running at Portugal at 108 per ...

Greece is the word

BENJAMIN ONG  |  MONDAY, 8 FEB 2010
... weaker economy. What a tangled web we weaved... The good news lies in the hope that the European Union would not let the PIGS roll in the mud. And in the unlikely event that it does, there is still the International Monetary Fund (IMF) to provide support. ...

Miranda Kerr and the market

BENJAMIN ONG  |  FRIDAY, 5 FEB 2010
... per cent on indications that America's jobs market may be worsening. Europe had its own bad day as renewed fears about the PIGS - Portugal, Ireland, Greece, Spain - sent the benchmark Dow Jones Stoxx 600 Index down 2.7 per cent. A case of swine flu perhaps? ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
... (sorry Virginia) suddenly the 'jitters of January' appears to have suddenly went puff. China? Greece and the rest of the PIGS - Portugal, Ireland, Greece, Spain? Budget deficits? Joblessness? All because of 1 February 2010's wonderful set of purchasing ...