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Showing 81 - 90 of 110 results for "European Bank"

Down on old news

BENJAMIN ONG  |  THURSDAY, 1 JUL 2010
What really was Moody's intention in announcing that it may downgrade Spain's credit rating last night? Is it Moody's way of proving that it still matters? That it could still move markets? According to Bloomberg, "US stocks fell, extending the first ...

Market Wrap - Morning

AAP  |  THURSDAY, 1 JUL 2010
... followed world stock markets down in a sell-off triggered by increasing alarm over the global economic outlook and European bank liquidity, though brokers said losses were not as big as elsewhere. The benchmark NZX-50 index closed down 18.98 points ...

EOFYS

BENJAMIN ONG  |  WEDNESDAY, 30 JUN 2010
"And now I'm fallin' Fallin' fast again..." -Fallin, Teri de Sario It had to happen today, didn't it? EOFY would not be a happy one for Australia given the ugly lead from Wall Street and European bourses while we were sleeping. SPI futures trading says ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 JUN 2010
The Australian stock market had regained some ground by noon with the big miners and banks pushing stocks up on a low volume day of trade. At 1204 AEST, the benchmark S&P/ASX200 index had fallen 14.8 points, or 0.32 per cent, to 4,597.8 points, while ...

US consumers to the rescue

BENJAMIN ONG  |  WEDNESDAY, 26 MAY 2010
Is it a bird? Is it a plane? No! It's Super US consumer to the rescue! Technical rebound. Oversold levels. Buying on dips. Call it whatever you want, the fact is that Wall Street rose from the ashes of a deep 3 per cent-plus slump last night to close ...

Shocked, not awed

BENJAMIN ONG  |  FRIDAY, 14 MAY 2010
Shocked maybe...but not awed. The recent financial market movements -- yes, those downs... then ups... then downs -- we've seen this week immediately before and after the European Union's announcement of a 750 billion bail out package indicate that ...

Happy birthday bull

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2010
Guess what? It's the bull market's first anniversary today! Hip..hip... Hooray Virgina! You and I have kept up the faith despite being battered by waves of doubters in an ocean of despair. It was exactly one year ago (9 March 2009) when Wall Street ...

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard! These words - delivered by Kentucky Republican Senator Jim Bunning at Ben Bernanke's Senate hearing on his nomination for a second term as Chairman of the US Federal Reserve - perhaps reflects the embodiment of ...

Fanning the flames of fear

BENJAMIN ONG  |  TUESDAY, 10 MAR 2009
There is a saying that goes, 'if you have nothing good to say, just shut up' or something along those lines. These days it seems that after more than a year and a half of the global financial crisis, trillions in bail-out money, record low interest ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 MAR 2009
... insurer American International Group, which also posted a record loss for the December quarter, and dire news from European bank HSBC saw investors flee financial stocks. Most major markets around the world were down heavily on Monday. Oil, precious ...