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Showing 61 - 70 of 111 results for "Finance ministers"

Volatility is MIA

BENJAMIN ONG  |  FRIDAY, 10 FEB 2012
... bowl. Salvation! Salvation! Despair on news that despite Greece kowtowing to demands - to strangle itself - EU finance ministers currently holding an "emergency" meeting in Brussels do not want to release the bailout fund until they see these austerity ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 FEB 2012
... Central Bank left its key interest rate at a historic low. Dealers said the tone was cautious while eurozone finance ministers reviewed the deal in Brussels with Eurogroup head Jean-Claude Juncker warning many issues needed clearing up before a new rescue ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 25 JAN 2012
... Athens' mountain of debt might fall through. After 10 hours of talks that stretched into early Tuesday, the finance ministers of the countries that use the euro drew a line in the sand: Greece will pay less than four per cent interest on the new bonds ...

Market Wrap - Morning

AAP  |  TUESDAY, 24 JAN 2012
... market on Monday closed weaker as investors awaited an outcome to Greek debt restructure plans, with eurozone finance ministers scheduled to meet later on Monday. The benchmark S&P/ASX200 index was down 14.5 points, or 0.34 per cent, at 4,225.1 points ...

Market Wrap - Midday

AAP  |  MONDAY, 23 JAN 2012
... debt, with some reports suggesting bondholders could be asked to take a loss of up to 70 per cent. Eurozone finance ministers are meeting on Monday. CMC Markets chief market analyst Ric Spooner said the local market was in a holding pattern as it awaited ...

Market Wrap- Morning

AAP  |  THURSDAY, 1 DEC 2011
... Wednesday's action doesn't address the fundamental problems posed by heavily indebted European nations. European finance ministers in Brussels have been meeting since Tuesday but have failed to deliver a clearer sense of how the currency union will proceed. ...

A liquid Christmas

BENJAMIN ONG  |  THURSDAY, 1 DEC 2011
... investment markets. There's even optimism in the just-concluded EU finmin meeting in Brussels. The region's finance ministers agreed to expand the European Financial Stability Facility (EFSF) by leveraging its a,-440 billion capital to about a,-1 trillion ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
... we've seen over the past few months (yes, months not days or weeks). It was also optimism that today's European finance ministers' meeting would produce a positive outcome. Financial markets are now seeing their empty glasses half-filled. From a broader ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
... European markets despite Italy being forced to pay record rates at a bond auction and intense pressure on eurozone finance ministers to avert economic meltdown The Australian dollar continues to rise - and is now above parity, as investors look to strong ...

Buy the headline, sell the headline

BENJAMIN ONG  |  TUESDAY, 8 NOV 2011
... fund is too small" (The Telegraph). Yes, Europe's answer to every crisis flare-up, hold a gabfest. Eurozone finance ministers have scheduled an emergency meeting for 17 November to discuss expanding the EFSF to more than a,-1 tril. Shouldn't they first ...