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Showing 601 - 610 of 777 results for "Greece"

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 MAY 2011
... ongoing eurozone debt woes. The euro remained under pressure after Standard & Poor's outlook downgrade of Italy's debt while Greece was under pressure over a possible restructuring and regional elections in Spain cast doubts on the government's future. ...

Market Wrap - Midday

AAP  |  TUESDAY, 24 MAY 2011
... have to raise mortgage rates as well." Trading on overseas markets overnight was gripped by fears over the solvency of Greece and concerns Spain, or even Italy, may be dragged into the turmoil that has already seen three euro countries bailed out. Three ...

Judgment Day bargains

BENJAMIN ONG  |  TUESDAY, 24 MAY 2011
... didn't like it. Nay, they feared it! The European sovereign debt crisis came back to haunt - bigger and scarier than ever. Greece has come ever so closer to financial and economic Armageddon. Just ask Fitch Rating's which chopped its debt rating by three ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 MAY 2011
... Dow Jones industrial average fell as many as 180 points before paring back some of its losses. Another steep downgrade of Greece's credit rating, a warning on Italy's debt and a major defeat of Spain's ruling party caused new worries about Europe's debt ...

Market Wrap - Midday

AAP  |  MONDAY, 23 MAY 2011
... lower earnings forecasts from US companies. Concerns about European sovereign debt also worsened after Fitch Ratings cut Greece's credit ratings by three notches to B-plus, and Standard & Poor's lowered Italy's credit rating outlook from stable to negative. ...

Market Wrap - Morning

AAP  |  MONDAY, 23 MAY 2011
... Friday, the local unit has traded between 106.10 US cents and 107.11 cents. On Friday night, Fitch Ratings Agency slashed Greece's credit ratings by three notches to B+ due to the massive challenges of correcting the country's finances and Norway suspended ...

Market Wrap - Morning

AAP  |  THURSDAY, 19 MAY 2011
... after a 78 billion euros ($A104.71 billion) bailout for Portugal was signed off and talks continued over further help for Greece. In other markets, Singapore closed 0.15 per cent higher, Taipei rose 0.68 per cent, Manila closed up 0.98 per cent, Kuala ...

Nobody wins against the Fed

BENJAMIN ONG  |  WEDNESDAY, 18 MAY 2011
... aftermath of the earthquake/tsunami/nuclear crisis. Next stop Europe. Ahh, where would our bad news tour be without dropping by Greece. The one that started it all for the Eurozone. Speculation abounds because last year's 110 billion lifeline wasn't ...

Market Wrap - Midday

AAP  |  TUESDAY, 17 MAY 2011
... (AEST), European finance ministers backed an EU-IMF bailout of Portugal worth 78 billion euros ($A104.45 billion). With Greece's debt woes still unresolved, Ms Ong said traders were less willing to make risky investments, causing the Australian dollar ...

Seeing evil, hearing evil

BENJAMIN ONG  |  TUESDAY, 17 MAY 2011
... for Portugal. This is good news. But financial markets don't want to hear any of this - oh, no! not in May! Instead, it's Greece and the prospect of it defaulting on its debt. Don't know about you but if you still haven't pencilled in a Greek default ...