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Showing 51 - 60 of 110 results for "European Bank"

Rewarding wishful thinking

BENJAMIN ONG  |  THURSDAY, 6 OCT 2011
European financial markets are happy once more. And at this point in time, when Europe is happy everyone applauds. They're gleeful because there are reports out - again! - that their top moneymen are dangling another carrot, nay the hope for another ...

Ben calls on JMK

BENJAMIN ONG  |  WEDNESDAY, 5 OCT 2011
Jumpy! This is the word that came to mind when I was watching last night's trading action in the financial markets. Is it only me or has anybody else noticed that the "bounce around" in share prices have been shortening lately? It used to be a matter ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 OCT 2011
The Australian dollar is staging a rapid recovery on Wednesday morning after hitting its lowest levels in more than a year overnight. During the offshore session on Tuesday night the local unit fell to a low of 93.88 US cents after the Reserve Bank ...

Promises and plans

BENJAMIN ONG  |  TUESDAY, 27 SEP 2011
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on - shame on you. Fool me - you can't get fooled again." (George W. Bush) Ok, stop giggling now, we all know what the former US President ...

Market Wrap - Midday

AAP  |  MONDAY, 26 SEP 2011
... higher, recovering slightly from a major sell-off last week to trade 1.4 per cent up, after a significant rebound in European bank stocks on Friday. All the major retail banks gained ground, with Westpac the strongest performer, up 2.35 per cent to $19.17. ...

Glimmer of hope

BENJAMIN ONG  |  TUESDAY, 20 SEP 2011
It's the same old, same old story playing (dragging on) on our financial screens - the tragedy that is Greece. And just like times past, it's leaving a sour taste on investors' mouths. The recent update talks of Greece's meeting with the troika of alms-givers ...

Waiting and hoping

BENJAMIN ONG  |  MONDAY, 19 SEP 2011
Change is the only constant. Many of you gentle readers would have noticed the change in my stance these past few weeks - not overnight as reader Paul accuse - over the state of the global economy and financial markets. Let me explain why am not in ...

Market Wrap - Morning

AAP  |  FRIDAY, 16 SEP 2011
NEW YORK - US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks. In positive territory for the fourth day in a row, the Dow Jones Industrial ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 SEP 2011
The Australian market looks set to open modestly higher, following in the footsteps of US stocks. At 0703 AEST on Wednesday, the September share price index futures contract was up four points at 4085. In economic news on Wednesday, the Westpac/Melbourne ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
US stocks plunged on Friday, with the Dow Jones Industrial Average sliding more than 300 points, as global stock markets were stung by fresh anxiety in the eurozone over Greece's bailout. The Dow fell 303.68 points (2.69 per cent) to close at 10,992.13. ...