Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 1954 results for "Default"

Market to open lower

AAP  |  WEDNESDAY, 1 JUL 2015
... stocks have finished moderately higher, recovering some of the prior session's losses, as Greece edged closer to a debt default. The Dow Jones Industrial Average added 23.16 points (0.13 per cent) at 17,619.51 on Tuesday. The broad-based S&P 500 rose ...

Australian shares lower at midday

AAP  |  TUESDAY, 30 JUN 2015
... increase. The big Australian banks were weaker, with the financial sector in the firing line in the event of a Greek debt default and continued eurozone turmoil. "If the worst case scenario evolved there would potentially be a tightening up of credit ...

D-day

BENJAMIN ONG  |  TUESDAY, 30 JUN 2015
Tonight's the night we make history. Whatever happens, it'll be D-day! D for the IMF declaring Greece in "default"; D for yet another extension of a "deal" or "deal talks"; D for that mythical Damocles' sword falling not only over Damocles' head but ...

Australian market set for further falls

AAP  |  TUESDAY, 30 JUN 2015
Investors are bracing for further slides on the Australian sharemarket as Greece heads towards a default on its debt that could lead to its exit from the eurozone. The futures market suggests the S&P ASX/200 will open around 0.6 per cent lower on Tuesday ...

Greek crisis drives Australian market down

AAP  |  MONDAY, 29 JUN 2015
... request to extend a bailout offer past the June 30 deadline for a debt-servicing payment. The impasse heightened fears of a default by Greece and its possible exit from the euro monetary union. Among the major banks at 1021 AEST, Commonwealth Bank had ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... June wouldn't get repaid until the Greeks have had their say 5 days after. This means that the IMF can declare Greece in default. This means Grexit. Thus, the bank holiday, the massive ATM withdrawals, the ECB's limiting of its ELA assistance to Greece ...

Market set to open higher

AAP  |  MONDAY, 29 JUN 2015
The Australian market looks set to open higher as international markets await the impact of Greece's breakdown in its debt bailout talks. At 0645 AEST on Monday, the September share price index futures contract was up 10 points at 5,510. No major local ...

Market down at midday

AAP  |  FRIDAY, 26 JUN 2015
... cent. The most dominant issue is still Greece's debt crisis with a solution appearing a long way off despite the looming default deadline of Tuesday. IG chief market strategist Chris Weston said the heavy recent short selling in banks - investors profiting ...

Qantas Super chief executive to retire

ALEX BURKE  |  FRIDAY, 26 JUN 2015
... engagement." Under her tenure, Qantas Super was also named first of 47 funds for its risk-adjusted investment returns for the default option for the last financial year. She added: "Jane is a rare leader who leads by positive example, honesty and transparency. ...

Market to open lower

AAP  |  THURSDAY, 25 JUN 2015
... cent as fresh problems emerged in talks between Greece and its international creditors aimed at preventing a Greek debt default. Locally on Thursday, National Australia Bank will release its consumer anxiety index and official job vacancies figures are ...