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Showing 51 - 60 of 63 results for "Cyprus"

Market wrap AM

AAP  |  FRIDAY, 23 NOV 2012
... an Israel-Gaza truce, while a Greek bailout deal was put on hold ahead of an EU summit. Investors shrugged off news that Cyprus, which currently holds the rotating EU presidency, will probably need 17 billion euros ($A21 billion) in international aid ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JUN 2012
... were hit with a downgrade as traders remained downbeat ahead of a European Union summit. Adding to the gloomy sentiment, Cyprus became the fifth eurozone country out of the 17 countries in the bloc to seek a bailout. Tokyo fell 0.81 per cent, or 70.63 ...

Is this the crisis moment?

BENJAMIN ONG  |  TUESDAY, 26 JUN 2012
... compounded by more bad news: Moody's downgraded 28 Spanish banks by four notches. Spain formalised request for bail out Cyprus asks for bailout. Greece newly-designated finance minister, Vassilis Rapanos, resigns. Victorious Greek pro-austerity party ...

No random walk on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 JUN 2012
... billion bailout announcement 12 June: Up 1.2% on Fed stimulus hopes 13 June: Down 0.7% after Moody's downgrade of Spain and Cyprus ratings 14 June: Up 1.1% on rumours that central banks are preparing coordinated action Yes, I know, you're scratching ...

Market Wrap

AAP  |  WEDNESDAY, 6 JUN 2012
... abroad," he said. Europe's debt crisis remained in the spotlight, with Spain asking for help for its beleaguered banks and Cyprus flagging its banks may need EU aid when finance ministers and central bank chiefs from the Group of Seven developed nations ...

Thrilla in Australia

BENJAMIN ONG  |  FRIDAY, 24 FEB 2012
... Latvia, Lithuania and Poland and lowest in Greece and in Portugal." The "unlucky niners" are Belgium, Greece, Spain, Italy, Cyprus, the Netherlands, Portugal, Slovenia and Hungary. But for all it's worth, the take-away here is that now, at least, we ...

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
... completed an institutional share placement in December for $150 million in preparation for its purchase of the Bank of Cyprus Australia with plans to raise an additional $50 - $70 million in a February Share Purchase Plan. "Focusing on the bank's long-term ...

The times, they're not a -changin'

BENJAMIN ONG  |  MONDAY, 16 JAN 2012
... go on a chopping spree. S&P lopped two notches off the credit grades of Italy (now BBB+), Spain (A), Portugal (BB) and Cyprus (BB+). No surprises here and the one-step downgrade of Malta (to A), Slovakia (A) and Slovenia (A+) doesn't really matter that ...

Market Wrap - Midday

AAP  |  FRIDAY, 16 DEC 2011
... rose three cents, or 0.8 per cent, to $3.13. Bendigo and Adelaide Bank said they will pay about $130 million for Bank of Cyprus Australia, which caters to the Greek and Cypriot communities in NSW, Victoria and South Australia. Shares in Bendigo Bank ...

Bendigo and Adelaide Bank buys Bank of Cyprus Australia

ELISE BURGESS  |  FRIDAY, 16 DEC 2011
Bendigo and Adelaide Bank has acquired 100% of the Bank of Cyprus Australia for $130 million with a $120 million share placement to selected institutional investors also underway. Bendigo and Adelaide Bank (BEN) reached agreement with the Bank of Cyprus ...