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Showing 51 - 60 of 74 results for "Lifeline"

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 NOV 2011
The Australian share market is set to open higher after Wall Street rose on news Italian Prime Minister Silvio Berlusconi would resign once a new budget was passed. At 0829 AEDT on Wednesday, the December share price index futures contract was up 56 ...

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
... go before Greece's coffers run dry, it's likely that the EU/IMF would grudgingly decide to hand over the a,-8 billion lifeline to tide Greece over. Financial markets will be pleased that is, until the next refunding comes due. Then it's off for another ...

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
... the plan tomorrow night). Never mind the angry mob rioting on the streets of Athens, for without the 12 billion euro lifeline from the 'troika' - EU/ECB/IMF - even the Greek Parliamentarians won't get paid. So, just do it! But in the event that the austerity ...

Rejoice for May has gone away

BENJAMIN ONG  |  WEDNESDAY, 1 JUN 2011
... Ya, it is good news - until next year. We've seen this show before. The EU, IMF, ECB troika gave Greece a a,-110 bil lifeline last year. This buoyed market sentiment the same way as the "planned" package has done last night. Greece continued on its merry ...

Nobody wins against the Fed

BENJAMIN ONG  |  WEDNESDAY, 18 MAY 2011
... dropping by Greece. The one that started it all for the Eurozone. Speculation abounds because last year's 110 billion lifeline wasn't enough. There's default (oh, sorry that's too negative a word - they call it restructuring) speculation. There's "out ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... filing an appeal against a Federal Court decision that looked to have provided the besieged property fund manager with a lifeline. ASIC cancelled Opus Capital's Australian financial services license (AFSL) in August after the company "failed to rectify ...

US needs double the lifeline

JOHN MCDULING  |  FRIDAY, 3 SEP 2010
A two-pronged monetary and fiscal assault may be needed to revitalise the US economy, according to a US-based fund manager. Tom Callan, head of BlackRock's $12 billion global opportunities team, said that quantitative easing should be coupled with fiscal ...

Sell in May

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2010
... Papandreou for months now). The European Union/IMF have agreed to keep the Greek isle afloat with a three-year, a,-110 billion lifeline. All was well... so it seemed. Until last night, when a panic attack again hit equity markets. Financial markets engaged ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 APR 2010
... cent on Monday as profit-taking took over after the market spent most of the day in positive territory thanks to a debt-lifeline for troubled Greece. The benchmark Hang Seng Index eased 70.33 points to 22,138.17. Turnover was 71.22 billion Hong Kong ...

Happy days are back

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2010
... tragedy unfold before their very eyes. Reports last night tell a story of European finance ministers giving a one-month lifeline - 16 March 2010 - to prepare more budget measures if it fails to make sufficient progress in cutting its deficit by then. ...