Debt Problems News
- Asian stocks near 6-wk highs, cool to China data Tuesday, March 9, 2010 @ 10:55PMAsian stocks near 6-wk highs, cool to China dataAsian stocks near 6-wk highs, cool to China data
- Forex: NZD/USD consolidates above 0.7000 Tuesday, March 9, 2010 @ 10:53PMFXstreet.com (Sydney) – The NZD has consolidated gains against the dollar and is above 0.7000. The pair is currently trading at 0.7060. The Kiwi earlier opened on 0.7026 and set an intraday high of 0.7071. The pair finds support at 0.7034, resistance at 0.7081 and is considered slightly bullish.
- Schools Brace for More Cuts Tuesday, March 9, 2010 @ 10:52PMWashington School District Superintendent Dr. Lori VanLeer said school officials across Missouri are bracing for more state cuts.
- Shelby: Debt is biggest problem Tuesday, March 9, 2010 @ 10:44PMU.S. Sen. Richard Shelby stopped by Fort Payne City Hall Saturday to talk to residents about the problems facing the nation. Shelby said the number one problem is the national debt.
- (AFX UK Focus) 2010-03-10 04:19 GLOBAL MARKETS-Asian stocks near 6-wk highs, cool to China data Tuesday, March 9, 2010 @ 10:42PMBy Umesh Desai
- As bull market turns 1, is it time to party, or worry? Tuesday, March 9, 2010 @ 10:41PMNEW YORK — It is hard to kill a bull market in its first year of life. The last time a baby bull was buried on Wall Street before celebrating its first birthday was during the Great Depression.
- EM ASIA DEBT-Spreads widen from 8-week lows; recent issues fall Tuesday, March 9, 2010 @ 10:33PMBy Jun Ebias
- Asian shares hover near six-week highs Tuesday, March 9, 2010 @ 10:24PMAsian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected.
- Thai Stocks May Extend Losses Tuesday, March 9, 2010 @ 10:17PM(RTTNews) - The Thai stock market has finished lower now in four straight sessions, easing more than a dozen points or 1.8 percent in the process. The Stock Exchange of Thailand slid below the 720-po...
- Most Canada Stocks Fall as Gold Prices Drop; RIM Advances Monday, March 8, 2010 @ 12:32PMMarch 8 (Bloomberg) -- Most Canadian stocks fell, led by mining companies, after gold prices dropped the most in a month as concern over the Greek debt crisis ebbed.
- Malaysia measures help weather economic crisis Monday, March 8, 2010 @ 12:19PMMALAYSIA has managed to weather the recent global economic downturn due to various pre-emptive measures taken by the government and Bank Negara Malaysia (BNM) since the 1998 financial crisis.
- Goh Ban Huat confident of earnings turnaround Monday, March 8, 2010 @ 12:17PMCeramic products and pipes maker Goh Ban Huat Bhd (GBH) ( 3611 ) aims to be profitable in as early as two years by improving its operating efficiency.
- Investors Seek Risk, New Bonds as Greece Calms: Credit Markets Sunday, March 7, 2010 @ 4:45PMMarch 8 (Bloomberg) -- The cost to protect against defaults on corporate bonds is at the lowest in six weeks and U.S. investment-grade issuance is up fivefold as optimism builds that Greece’s budget crisis will be contained.
- China to Nullify Financing Guarantees by Local Governments Sunday, March 7, 2010 @ 4:36PMMarch 8 (Bloomberg) -- China plans to nullify all guarantees local governments have provided for loans taken by their financing vehicles as concerns about credit risks on such debt surges.
- Aust dollar opens firmer Sunday, March 7, 2010 @ 4:34PMThe Australian dollar opened slightly higher as fears over the Greek economy receded.
- Europe will stand by Greece: Sarkozy Sunday, March 7, 2010 @ 4:26PMFrench President Nicolas Sarkozy promised Greece Sunday that euro zone countries would help it overcome its financial problems and vowed a European crackdown on financial speculators Athens blames for its woes.
- (AFX UK Focus) 2010-03-07 21:45 UPDATE 3-Europe will stand by Greece, says Sarkozy Sunday, March 7, 2010 @ 4:12PMBy Harry Papachristou and Crispian Balmer
- (AFX UK Focus) 2010-03-07 21:52 Australia dlr record vs euro, risk in vogue on US jobs Sunday, March 7, 2010 @ 4:12PM-------------(Snapshot at 8:20 a.m./2120 GMT)----------------- FOREX (vs Late Sydney) DEBT FUTURES (Night Session) 0.9067 (0.9004) 90-DAY (MAR) 95.72 (95.73) 0.6651 (0.6624) 3-YR (MAR) 95.10 (95.16) 81.90 (80.38) 10-YR (MAR) 94.485(94.54) 1.3040 (1.3083) US10-YR 3.69 (3.61)
- Analysis: Mo. scolds DC over health care, budgets Sunday, March 7, 2010 @ 4:08PMThe Missouri House has approved three resolutions criticizing Washington over health care, the national debt and unfunded demands upon local governments
- Town hall hosts 18th District GOP candidates Sunday, March 7, 2010 @ 5:33AMMOUNT VERNON -- They arrived passing out literature with phrases such as "conservative revolution," "truth in action," "values we trust," and "America First." The Tea Party spirit dominated the first town hall for candidates running for the 18th Congressional District.
- GOP candidates share ideas, differences Sunday, March 7, 2010 @ 5:00AMRepublican candidates for three open seats on the Cabarrus County commissioners spoke on Thursday about jobs, veterans and school funding during a forum sponsored by the Cabarrus County Republican Party.
- Metcalfe mayor eyes Dollar General Sunday, March 7, 2010 @ 4:26AMDARYL BELL darylbell@ddtonline.com
- Lower Bucks Hospital will turn around, CEO says Sunday, March 7, 2010 @ 4:02AMhealth
- Business Watch Sunday, March 7, 2010 @ 3:19AMParis -- Fellow euro-zone countries cannot abandon debt-ridden Greece because doing so would defeat the purpose of the common currency project, French President Nicolas Sarkozy said Saturday, a day before meeting with the Greek prime minister in Paris.
- Western Reserve Historical Society sells its history to save institution Sunday, March 7, 2010 @ 3:11AMThis is a story about how the Western Reserve Historical Society, a beloved Cleveland institution, dreamed too big, lived too large, failed to understand the politics of Cleveland City Hall and marched recklessly to the brink of ruin.
- Macquarie DDR faces debt woes Friday, March 5, 2010 @ 7:12AMMacquarie Group faces further property headaches after the refusal of banks to roll over nearly $100 million worth of debt for the listed Macquarie DDR Trust.
- Poland to Target Asia Investors With $1 Billion Bond (Update2) Friday, March 5, 2010 @ 7:10AMMarch 5 (Bloomberg) -- Poland is targeting investors in Asia with its first sale of bonds in U.S. dollars since July to help plug its budget deficit, Deputy Finance Minister Dominik Radziwill said.
- Mideast oil demand to outpace world with petrodollars Friday, March 5, 2010 @ 7:05AMMiddle East oil demand could grow by nearly 5 percent in 2010 - analysts.
- Infinity Energy Resources to Host Investor Conference Call on Thursday, March 11, 2010 Friday, March 5, 2010 @ 6:30AMInfinity Energy Resources, Inc. , an independent oil and gas exploration and development company, today announced that it will host an investor conference call on March 11, 2010 at 11:15 a.m.
- US stocks up after unemployment eases Thursday, March 4, 2010 @ 3:40PMUS stocks closed higher overnight with sentiment lifted by a drop in the number of Americans filing new claims for unemployment benefits.
- Greece issues bond, faces opposition to aid schemes Thursday, March 4, 2010 @ 3:39PMGreece successfully launched Thursday a five-billion-euro bond issue to raise desperately needed funds, but faced stiffening opposition to its plea for help and threat to go to the IMF.
- Primal Screams And Broken Dreams Thursday, March 4, 2010 @ 3:38PMThe herd has been through a nasty wringer of drastic social and markets’ events since the fall of Lehman. (1) First we experienced pure naked fear as few knew what to expect other than the worst. (2) Next, with crashing markets and broken banks those in the know were in a pure panic as they had the misfortune to understand what could really happen. (3) Then, bankers and their house pet Federal ...
- Commercial mortgage terms will likely loosen in second half of 2010 Thursday, March 4, 2010 @ 3:37PMThe good news from the commercial mortgage market is that there’s a market at all. In 2009, the business virtually disappeared as most lenders fell victim to the capital markets breakdown and to lending terror.
- Leonard Asper Steps Down As Chief Of Canwest Media Empire Founded By His Father Thursday, March 4, 2010 @ 3:33PMAfter a long battle to remain at the helm of Canwest Global Communications, Leonard Asper announced Thursday he has resigned as president and CEO of the crumbling newspaper and broadcast empire founded by his father.
- The Dominos of Default Thursday, March 4, 2010 @ 3:26PMBy: John Browne Senior Market Strategist, Euro Pacific Capital, Inc. The bad news for Greece is that despite some help from abroad, and some attempts at internal reform, investors are still leery of the troubled state.
- ‘Fixer’ Frasher tackles WFP head on Thursday, March 4, 2010 @ 3:10PMA worker at the Alberni Pacific Division operates a log quad outfeed machine on Tuesday afternoon, March 2. others also read...
- Euro markets close lower, Wall St steady Thursday, March 4, 2010 @ 3:08PMNEW YORK - Wall Street was steady at noon but began to post modest gains in afternoon trade despite an unexpected drop in pending home sales.
- Asia stocks up amid hopeful regional economic data Tuesday, March 2, 2010 @ 12:04AMAsian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global recovery.
- Asian Stocks Rise Amid Japan Jobless Fall Monday, March 1, 2010 @ 11:55PMAsian stock markets mostly rise after unemployment falls in Japan, US markets rise Japan - Stock market - Asia - Business - Investing
- Asian stocks rise amid Japan jobless fall Monday, March 1, 2010 @ 11:54PMAsian stock markets were mostly higher Tuesday as positive Japanese economic reports and corporate dealmaking buoyed optimism about the global recovery. The upward move followed Western markets, where investors were encouraged by news debt-ridden insurer... Japan - Stock market - Business - Asia - Investing
- Asian stocks rise amid Japan jobless fall Monday, March 1, 2010 @ 11:42PMAsian stock markets mostly rise after unemployment falls in Japan, US markets rise
- Christie pushes federal unemployment aid Monday, March 1, 2010 @ 11:39PMTRENTON — Gov. Chris Christie was told that he’s unlikely to get an unemployment fund bailout from the federal government to blunt a steep tax increase on New Jersey businesses, but the state’s representatives in Washington agreed Monday to lobby for other aid.
- How the global downturn took its toll on the Waterfront Monday, March 1, 2010 @ 11:30PM02 March 2010 In a city of huge projects, the Waterfront was to trump them all.
- U.S. Stocks Rise on Growth in Consumer Spending, AIG Deal Monday, March 1, 2010 @ 11:29AMMarch 1 (Bloomberg) -- U.S. stocks climbed for a second day after a government report showed consumer spending topped economists’ estimates and American International Group Inc.
- Gold Consolidates as Concerns of the Global Debt Crisis Increase Monday, March 1, 2010 @ 11:23AMAccording to various articles and reports, banks in Germany, France, Switzerland and the United Kingdom have a combined exposure of some USD 253 billion in Greece alone and around USD 2.1 trillion in the countries of Portugal, Ireland, Greece and Spain as a total.
- Daily Pfennig 3/1/10: A 34 Billion Euros Package For Greece! Monday, March 1, 2010 @ 11:23AMIn This Issue…. * Currencies trade up, then back down... * RBA to hike rates this week? * Jamie Dimon on California VS Greece... * Fannie needs another $15 Billion!
- Greece Told That More Cuts Must Be Made Monday, March 1, 2010 @ 11:20AMPrime Minister George Papandreou called on Greeks to “rally together” to stop the country from “going under.”
- Unpaid School Fees May Affect Credit Monday, March 1, 2010 @ 11:13AMThese tickets may seem innocuous, but if you rack up more than $500 worth, your debt be labeled as "delinquent." Unless students own a credit card or are paying off school loans, credit scores are probably one of the last things on their minds.
- To Buy Or Not to Buy Monday, March 1, 2010 @ 11:08AMI’ve exceeded the length I like the letter to be this week in the fundamentals section, so I will reserve the chart and technical analysis of the precious metals for my subscribers who will be getting a boatload of charts including monthly charts as well as the charts I normally post here in the free weekly letter on Monday.
- Stocks, Dollar Gain as Spending, AIG Deal Bolster Confidence Monday, March 1, 2010 @ 11:00AMMarch 1 (Bloomberg) -- Stocks and the dollar rose as growth in U.S. consumer spending, a possible European rescue of Greece and American International Group Inc.