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Showing 51 - 60 of 71 results for "Lifeline"

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. ...

Cash lifelines still strong

RUTH LIEW  |  THURSDAY, 21 JAN 2010
Investor sentiment might be perking up as global market rebounds continue, but cash holdings are still at decade highs and climbing, new figures from Merrill Lynch show. Cash positions in Europe have reached their highest levels since 2001, with 42 ...

Dubai games

BENJAMIN ONG  |  TUESDAY, 15 DEC 2009
... roughly US$7.5 billion in credit that had not been collected as of October 31." Ooops! And even with the US$10 billion lifeline, The Economist magazine prints that, "Even now, Dubai's creditors cannot expect every claim to be redeemed in full. The money ...

Jumping at shadows no more

BENJAMIN ONG  |  TUESDAY, 21 JUL 2009
... me put it this way. There's a US non-bank lender called CIT Group. It nearly went belly up, threatening the financing lifeline of large number - reportedly in the thousands -- of small and medium sized US companies. It's ok now after a US$3 billion rescue ...