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Showing 581 - 590 of 777 results for "Greece"

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 JUN 2011
... index rose 52.4 points, or 1.16 per cent, to 4,564.9 points. NEW YORK - US stocks closed higher on Tuesday amid hopes that Greece's government would survive a confidence vote, a crucial first step in defusing the country's debt crisis and stabilizing ...

Deposits may shield Aussie banks from Greek debt crisis fallout

ALISON BEVEGE  |  TUESDAY, 21 JUN 2011
... Friday night that the worsening debt crisis could trigger a new credit crisis in financial markets. The concern is that if Greece defaults on its loans, it could become a European version of the Lehman Brothers collapse, sparking a new seizure of credit ...

European authorities will blink

BENJAMIN ONG  |  TUESDAY, 21 JUN 2011
... according to AAP with BusinessDay, "...Luxembourg's Jean-Claude Juncker assured investors that a solution will be found to Greece's debt crisis." Sure, sure. No, this is not a sarcastic "sure, sure" but a real one. For the Eurozone has really no viable ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 JUN 2011
... in opposite directions. LONDON - European stocks closed lower as the banking sector slumped on concerns over exposure to Greece after a eurozone meeting failed to resolve the nation's debt crisis, dealers said. At the close of trading on MOnday, London's ...

The road to ruin

BENJAMIN ONG  |  MONDAY, 20 JUN 2011
In case you missed it, former US Federal Reserve Alan 'el maestro' Greenspan has just declared Greece dead - well, almost. No way out. In an interview with Bloomberg TV, Greenspan declared that the "chances of Greece not defaulting are very ...

Market Wrap - Morning

AAP  |  MONDAY, 20 JUN 2011
... - US stocks closed mostly higher on Friday amid hopeful signs Europe might be on its way to containing the damage from Greece's debt crisis. The Dow Jones Industrial Average climbed 42.84 points, or 0.36 per cent, to close at 12,004.36 points, while ...

Market Wrap

AAP  |  FRIDAY, 17 JUN 2011
... Australian share market opened higher on Friday after two of the major United States indices rose, but worries continued that Greece's debt troubles could spread. At 1015 AEST on Thursday, the benchmark S&P/ASX200 index was up 23.9 points, or 0.53 per ...

VIX says no fear

BENJAMIN ONG  |  FRIDAY, 17 JUN 2011
... region. This is the same message from the Empire State Manufacturing Index released the previous day. Oh and by the way, Greece is still burning. But today is a brand new day. Today, financial markets are back to talking about a 'summer lull' not total ...

Back to cactus

BENJAMIN ONG  |  THURSDAY, 16 JUN 2011
... streets of Athens and Moody's warning that it might slash the credit ratings of French banks because of their exposure to Greece. As an aside, I came across a news article the other day reporting that the Greek government has hired foreign workers to ...

Market Wrap - Morning

AAP  |  THURSDAY, 16 JUN 2011
... market is likely to decline after global equity and commodities markets declined overnight on weakening US economic data and Greece's escalating debt crisis. At 0746 AEST on the ASX 24, the June share price index futures contract was down 52 points at ...