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

Search Results

Showing 651 - 660 of 777 results for "Greece"

All aboard

BENJAMIN ONG  |  THURSDAY, 8 JUL 2010
... Supervisors (CEBS) told lenders that its planned stress testing of 91 European banks - including 14 from Germany, six from Greece and four from the UK - could show a loss of around 17 per cent on Greek government debt and 3 per cent on Spanish bonds. ...

Every recovery starts jobless

BENJAMIN ONG  |  MONDAY, 5 JUL 2010
... desperately searching to find the negative in each and every piece of data that comes their way. It started with the fear of Greece's inability to contain its burgeoning budget deficit and make good on its sovereign debt. Greece can't pay so there must ...

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
... European banks have to repay about 442 billion this by 1 July. Yeah, this isn't good news given that the problem countries of Greece, Portugal and Spain have been the most reliant on this programme. The expiry would exposed how ECB-funding dependent ...

Waiting

BENJAMIN ONG  |  TUESDAY, 29 JUN 2010
... Exploration Companies has given the government until Friday to settle the issue or else - hostilities resume. And after these? Greece would be the word again. The country is returning to financial markets in July seeking to raise around 4.56 billion ...

Market Wrap - Morning

AAP  |  FRIDAY, 25 JUN 2010
... struggling to gain traction. LONDON - European stocks suffered sharp losses on Thursday on renewed fears for the solvency of Greece and a warning on global recovery prospects from the US Federal Reserve. The Fed comments earlier took a toll on Asian ...

Market Wrap - Morning

AAP  |  THURSDAY, 24 JUN 2010
... pushed back profit targets for its struggling Greek unit Emporiki and said it will take a 400 million euro write-down as Greece fights its debt load. The benchmark Nikkei declined 189.19 points to 9,923.70, erasing all of the gains on Monday when it ...

To spend or not to spend

BENJAMIN ONG  |  WEDNESDAY, 23 JUN 2010
... prolonging the depression of the 1930s. But most, if not all, of Europe may not be amenable given the market's punishment of Greece. Already, Greece, Spain and Portugal - among others - have embarked on deep fiscal austerity measures. China, Japan and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUN 2010
... to 2,305.88. LONDON - European stock markets closed higher, recovering from early losses on a new ratings downgrade for Greece as investors took their lead from new takeover activity. Dealers said the Moody's Greek downgrade to junk status was eye-catching ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUN 2010
... confidence that Europe could solve its debt problems and pushed the euro above $US1.22 for the first time since June 4. Greece is still enough of a concern that bad news about the country's well-known problems was enough to help take down the market's ...

Moody's cries boo

BENJAMIN ONG  |  TUESDAY, 15 JUN 2010
I though we've already settled this a long, long time ago. Greece is junk! But no! No! Bloomberg reports that the Dow erased its triple-digit gains overnight when Moody's cried boo. OMG! If we're dealing with a market that reacts this way, then it really ...