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Showing 821 - 830 of 1260 results for "Eurozone"

Market Wrap

AAP  |  FRIDAY, 9 DEC 2011
... Australian shares have dropped as dealers fear failure of a crucial summit in Europe could spell the break up of the eurozone. Shares slumped 1.5 per cent at the open, wiping out December's gains to date, after the European Central Bank President Mario ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 DEC 2011
... of the European Central Bank poured cold water on hopes that the bank will boost its bond-buying to help contain the eurozone debt crisis. The Dow Jones industrial average dropped 198.67 points, or 1.63 per cent, to 11,997.7. The S&P 500 fell 26.66 points ...

Sovereigns need not apply

BENJAMIN ONG  |  FRIDAY, 9 DEC 2011
... to get around the EU Treaty whereby the ECB or national central banks lend to the IMF and the IMF turns around to buy Eurozone bonds? Forget it! Not going to happen. Or maybe... not yet. So now we're back waiting on yet another European summit to conclude ...

Market Wrap

AAP  |  THURSDAY, 8 DEC 2011
... after disappointing employment data added to an already negative trend as doubts linger over the outcome of a crucial eurozone debt crisis summit. Australia's unemployment rate rose to 5.3 per cent in November as the number of people in employment unexpectedly ...

Waiting to exhale 5

BENJAMIN ONG  |  THURSDAY, 8 DEC 2011
... Financial Times reports that Europe plans to create a bigger bazooka - nay, two bazookas to be exact. FT writes that Eurozone authorities are considering using two rescue funds - the already existing a,-440B European Financial Stability Fund (EFSF) and ...

Market Wrap - Morning

AAP  |  THURSDAY, 8 DEC 2011
... European stocks and the euro slid as pessimism set in that the EU summit would not deliver a significant breakthrough on the eurozone debt crisis. An early advance in European equities was halted by downbeat comments from German officials who poured ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 DEC 2011
... rise as Wall Street bounces back from losses caused by Standard & Poor's threat to downgrade the credit ratings of most eurozone members. At 08010 AEDT on Wednesday, the December share price index futures contract was up 32 points at 4,300. In economic ...

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... My, oh my. My, oh my indeed as Poor Standard - excuse me, Standard & Poor's - confirmed that it has placed 15 of the 17 Eurozone member countries on credit watch for possible downgrades. Only Cyprus and Greece were spared but this is not out of the goodness ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 DEC 2011
Australian shares are lower, breaking their six-day winning streak after Standard and Poor's warned 15 eurozone members of possible credit downgrades due to the region's deepening debt crisis. The local market extended its opening losses amid light ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 DEC 2011
... modestly stronger start after France and Germany called for a new EU treaty with tougher budgetary rules to deal with the eurozone debt crisis. Stocks markets rose on the proposal, but Wall Street pulled back on reports later in the day that ratings ...