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Showing 531 - 540 of 628 results for "European Central Bank"

Market Wrap - Morning

AAP  |  FRIDAY, 7 AUG 2009
... fell 19.89, or one per cent, to 1973.16. LONDON - Europe's main stock markets perked up as the head of the European Central Bank voiced confidence about the prospects of an economic recovery and Britain pumped liquidity into its economy. On the back ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... witnessed the kind of central bank activity displayed last week. The Reserve Bank of Australia (RBA), the European Central Bank (ECB), the Bank of England (BoE) and the Bank of Canada (BoC) all held monetary policy meetings last week. And guess what? ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 JUN 2009
... 24.10, or 1.32 per cent, to 1,850.02. LONDON - Europe's leading stock markets ended virtually flat after the European Central Bank (ECB) and the Bank of England held interest rates steady, with the ECB forecasting a eurozone contraction of 4.6 per cent ...

Go for gold

BENJAMIN ONG  |  FRIDAY, 20 MAR 2009
The US Federal Reserve's announcement that it is releasing freshly minted greenbacks worth US$1.25 trillion to rescue the convulsing economy threatens the return of high inflation when the current global financial crisis is but a painful memory. Inflation ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
... government reportedly was so horrified that it gave them the money. Amid these doom and gloom, market's dismissed European Central Bank President Jean Claude Trichet's press conference in Basel, Switzerland. Monsieur Trichet stated that, 'We have a number ...

Let them have soup

BENJAMIN ONG  |  FRIDAY, 6 MAR 2009
... for last night's sell-off is heightened fears over Europe's future after the Bank of England (BoE) and the European Central Bank (ECB) each cut interest rates by 50 basis points to record lows of 0.5 per cent and 1.5 per cent, respectively. The realisation ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... weekend to discuss a coordinated pan-European response to the global financial crisis and 'encourage' the European Central Bank (ECB) for further monetary policy aid. The meeting became particularly crucial after Moody's reported that eastern Europe ...

The biggest loser

BENJAMIN ONG  |  MONDAY, 16 FEB 2009
... non-the-brighter. But while the central banks of the US, Japan and the UK raced to the zero interest rate line, the European Central Bank (ECB) appears seemingly nonchalant perhaps applying the 'Tortoise and the Hare' principle where 'slow and steady ...

Market Wrap - Morning

AAP  |  FRIDAY, 6 FEB 2009
... interest rates by half a percentage point to a fresh historic low of 1.0 per cent to battle recession. The European Central Bank held rates steady at 2.0 per cent, but analysts forecast another cut next month. London's FTSE index rose a fractional 0.01 ...

2009: The lost year

BENJAMIN ONG  |  TUESDAY, 13 JAN 2009
... Perhaps in 2010. The top central bankers meeting in Basel Switzerland came to the same conclusion yesterday. European Central Bank President Jean-Claude Trichet -- wearing his cap as head of the Bank of International Settlements - declared before the ...