Random Posts
  • BSE Sensex down 60 p...
    Posted by admin on 03 26th, 2013
    The BSE benchmark Sensex today fell by almost 60 points in early trade on sustained selling by investors on...
  • Advisor: Cyprus econ...
    Posted by admin on 03 26th, 2013
    Lithuanian President Dalia Grybauskaite’s chief adviser on economic and social policy issues Nerijus...
  • Alpha Bank sharehold...
    Posted by admin on 12 28th, 2012
    Shareholders of Greece’s Alpha Bank approved a convertible bond issue to be placed with Credit Agricole...
  • Five Lessons From Th...
    Posted by admin on 03 24th, 2013
    Cyprus is the crisis of the week. Bail out or bail in, one thing is for sure there will be winners and losers...
  • Alpha wins Emporiki ...
    Posted by admin on 10 8th, 2012
    THE BIGGEST “jackpot” in the history of bank mergers – as some commentators called it – was...
Recent Comments
  • admin Says : Slovenia’s six-day-old government is being urged to pre...
Lifestream

  1. Today

    1. Posted Germany's DAX 30 index 1.9% lower at 8,360.55.

      35m ago via Generic

    2. Posted France's CAC 40 index opens 2.1% lower at 3,964.29.

      36m ago via Generic

    3. Posted U.K.'s FTSE 100 index opens 1.7% lower at 6,726.04.

      37m ago via Generic

    4. Posted Stoxx Europe 600 index opens down 1.2% at 306.81.

      37m ago via Generic

    5. Posted Dollar tumbles against yen as Japan stocks sink.

      1h ago via Generic

    6. Posted Nasdaq 100 futures down 29.25 pts, 1%, to 2,971.50.

      1h ago via Generic

    7. Posted S&P 500 futures off 17.8 points, 1%, to 1,637.80.

      1h ago via Generic

    8. Posted Dow industrial futures down 139 points to 15,181.

      1h ago via Generic

    9. Posted U.S. stock futures rapidly extending losses.

      1h ago via Generic

    10. Posted Nikkei's 7.3% dive worst since March 15, 2011.

      2h ago via Generic

    11. Posted Japan's Nikkei plunges 7.3% to end at 14,483.98.

      2h ago via Generic

    12. Posted U.S. stock futures under pressure as Nikkei sinks.

      2h ago via Generic

    13. Posted Japan's Nikkei slumps 6% in last half-hour's trade.

      2h ago via Generic

    14. Posted Nikkei Average down 5.1% at 14,831.18.

      2h ago via Generic

    15. Posted Japanese shares continue to slide.

      2h ago via Generic

    16. Posted Japan's Nikkei slumps 4.1% in afternoon trade.

      3h ago via Generic

    17. Posted Nikkei Average, up 2% in morning, down 3%.

      4h ago via Generic

    18. Posted Japanese shares sink rapidly in afternoon trade.

      4h ago via Generic

    19. Posted China manufacturing flash PMI falls to 49.6.

      6h ago via Generic

    20. Posted China manufacturing data show contraction: HSBC.

      6h ago via Generic

    21. Posted Shanghai Composite retreats 0.5% in opening moves.

      6h ago via Generic

    22. Posted Hong Kong H shares slide 0.8% in early trading.

      6h ago via Generic

    23. Posted Hang Seng Index drops 0.8% in opening minutes.

      6h ago via Generic

    24. Posted Dollar buys ¥103.20 vs. ¥102.71 in U.S. trade.

      8h ago via Generic

    25. Posted Japan's Topix climbs 0.4% in initial moves.

      8h ago via Generic

    26. Posted Japan's Nikkei rises 0.9% in opening minutes.

      8h ago via Generic

  2. Yesterday

    1. Posted Japan's Nikkei Average futures up 0.4% on SGX.

      11:47pm via Generic

    2. Posted Pacific Sunwear jumps 16% on results, outlook.

      8:47pm via Generic

    3. Posted H-P sees Q3 adjusted EPS range 84-87 cents.

      8:06pm via Generic

    4. Posted H-P Q2 revs $27.6B v. $28B expected.

      8:06pm via Generic

    5. Posted H-P Q2 adjusted EPS 87 cents v. 81 cents expected.

      8:05pm via Generic

    6. Posted Dow average makes widest intraday swing since Nov..

      8:05pm via Generic

    7. Posted H-P shares jump 7% on earnings beat, outlook.

      8:05pm via Generic

    8. Posted Dow industrials drops more than 100 pts into close.

      7:30pm via Generic

    9. Posted July oil closes at $94.28/bbl, down $1.90 on Nymex.

      6:46pm via Generic

    10. Posted Oil settles 2% lower, down for second straight day.

      6:46pm via Generic

    11. Posted July oil down $1.96, or 2%, at $94.21/bbl on Nymex.

      6:24pm via Generic

    12. Posted Oil down more before Nymex end, after FOMC minutes.

      6:24pm via Generic

    13. Posted S&P 500 index drops 0.5% to 1,660.16.

      6:13pm via Generic

    14. Posted Treasurys pare some losses on FOMC minutes.

      6:12pm via Generic

    15. Posted U.S. stocks extend losses after Fed minutes.

      6:11pm via Generic

    16. Posted June gold at $1,355.50 vs. $1,367.40 Comex close.

      6:08pm via Generic

    17. Posted Gold falls further on Globex after FOMC minutes.

      6:08pm via Generic

    18. Posted Fed: Exit strategy plan needs more flexibility.

      5:59pm via Generic

    19. Posted One Fed member wanted to boost asset purchases.

      5:59pm via Generic

    20. Posted One Fed member backed tapering immediately.

      5:59pm via Generic

    21. Posted Couple' on Fed saw easing if inflation fell more.

      5:59pm via Generic

    22. Posted 'Number' on Fed backed tapering as early as June.

      5:59pm via Generic

    23. Posted June gold ends at $1,367.40, down $10.20, or 0.7%.

      5:53pm via Generic

    24. Posted Healthcare, financials lead S&P 500 sectors.

      4:13pm via Generic

    Upstream

    Powered by Lifestream.

Piraeus buys Cyprus bank units in Greece for €524m

Posted by on Mar 27th, 2013 in Alpha Bank, Cyprus Crisis, Greek crisis | 0 comments
GREECE’S Piraeus Bank  agreed to buy the operations of stricken Cypriot banks in Greece for €524 million, the lender said yesterday, in a deal hastily cobbled together to protect the Greek banking sector from the island’s debt crisis. The deal, funded by Greece’s bank bailout fund HFSF, means 312 local branches of the three Cypriot banks will reopen on Wednesday after being shut since March 19 as Cyprus scrambled to strike a bailout deal to prevent an economic meltdown. The transfer of the branches, which represent about a tenth of Greece’s banking market, was part of...

Overseas lending, bank exposure to Cyprus around $100 billion: BIS, Moody’s

Posted by on Mar 26th, 2013 in Cyprus Crisis | 0 comments
Overseas lenders, excluding those in Russia, had $59.2 billion of outstanding loans to Cyprus at the end of September, according to Bank for International Settlements (BIS) data. BIS statistics, the only ones to chart cross-border lending around the world, do not include loans from Russia. Ratings agency Moody’s estimates Russian bank loans to Cyprus-based companies of Russian origin were $30-40 billion.   Cyprus on Monday reached a 10 billion euro ($13 billion) rescue plan to avoid economic meltdown after more than a week of intense scrutiny on the island’s future. Some banks disclose...

After Cyprus crisis, here comes Slovenia

Posted by on Mar 26th, 2013 in Cyprus Crisis | 1 comment
As soon as policymakers averted a crisis in Cyprus, another appears to be brewing. The latest country to provoke concern is Slovenia. The small former Yugoslav republic — wedged between Italy, Austria, Hungary and Croatia and best known for its exceptional skiers and philosopher Slavoj Zizek — took a beating Friday, with long-term bond yields spiking to 5.4 percent amid fears the country would need a bailout. Those aren’t crisis-level rates — Cyprus’ yields are around 7 percent, for comparison — but it’s in the danger zone. How did Slovenia get here, and why? It’s a small, open economy...

BSE Sensex down 60 points in early trade

Posted by on Mar 26th, 2013 in Cyprus Crisis | 0 comments
The BSE benchmark Sensex today fell by almost 60 points in early trade on sustained selling by investors on worries over domestic political stability and a weakening trend in global markets. Extending losses for the 8th straight session, the 30-share barometer fell by 59.72 points, or 0.32 per cent, to 18,621.70 with all the sectoral indices led by realty and auto, falling up to 0.90 per cent. The index had lost 890 points in the past seven sessions. Similarly, the wide-based National Stock Exchange index Nifty fell by 20.10 points, or 0.36 per cent, to 5,613.75. Brokers said continued selling by funds...

Advisor: Cyprus economic crisis will not affect Lithuania

Posted by on Mar 26th, 2013 in Cyprus Crisis | 0 comments
Lithuanian President Dalia Grybauskaite’s chief adviser on economic and social policy issues Nerijus Udrenas says that Cyprus economic crisis will not have any effect on Lithuania since the economic volume of this island is not large, writes LETA/ELTA.   “In a nutshell, we can say that it will not affect because Cyprus economy is small. In 2012 Lithuania’s GDP was more than one and a half times larger than of Cyprus. However, Cyprus GDP was slightly higher than Latvian and Estonian. According to its size, even though its banking sector was higher than usual, Cyprus does...

Five Lessons From The Cyprus Crisis

Posted by on Mar 24th, 2013 in Uncategorized | 0 comments
Cyprus is the crisis of the week. Bail out or bail in, one thing is for sure there will be winners and losers and justice won’t be done. The borrowers win and the savers lose. There are many lessons to be learned or underlined. Here are five: 1. Your money is never safe Whatever they tell you, whatever has gone before and whatever you do, your money is never safe. Even U.S. Treasury bonds are not risk free. There is always someone or something trying to get at your money. From bank robbers to burglars, to financial companies fleecing fees, to stealth taxes, to financial repression, these are all...

« Previous Entries