The Greek tragedy is quickly becoming a farce
By Stephen Fay The bridging loan had become Varoufakis’s top priority, without it, there is a danger that Greek banks will run out of cash in the spring and, in the ensuing chaos, the climax of...
Tagged: Europe
21st Century Fox boosts Q2 revenue 12%
By Darren Davidson - The Australian The nominations include Best Picture nominations for Birdman and The Grand Budapest Hotel. “In addition to the operational success achieved this past quarter, we also executed two significant...
Europe stocks slide on Greece concerns
By Dow Jones newswires The yield on Greek two-year government debt was around 16. 5 per cent Wednesday, down from more than 19 per cent earlier this week, but slightly higher on the day...
China and Europe may drive a new solar chapter
By Nigel Morris The importation of Chinese solar products into Europe has resulted in the collapse of dozens of companies who simply couldn’t compete, but the insatiable demand for product in China, the changed...
Finance news you need to know today
BRITAIN’S top money man has warned Greece‘s stand-off with the rest of Europe is endangering the global economy. Read more here: Telegraph
Gold price corrects lower
By Dow Jones newswires Precious metals’ prices were mixed. Silver was up 0. 3 per cent at $US17. 266 an ounce, platinum was down 0. 6 per cent at $US1,230. 40 an ounce, and...
ASX and $A to fall on bad China data
Commodity related currencies (particularly the AUD) are likely to suffer further fallout," he said in a morning note to clients. "January has already seen a further 9 per cent fall in the iron ore...
Why the RBA won’t cut rates tomorrow
By Michael McCarthy There are also external stimuli that could boost the Australian economy. The European Central Bank will start injecting euros into the global monetary system in March, and authorities in Japan...
Berlin won't be blackmailed: Schauble
By Dow Jones newswires Since winning Greece‘s elections Sunday, the left-wing Syriza party of the new Prime Minister Alexis Tsipras has taken a defiant stance toward Europe, insisting on debt relief from fellow eurozone...
Momentum in Europe as a quiet physicist makes his mark
By David Hone Nevertheless, it is disappointing that some industry and business groups in Brussels did not seem aligned with the recognition that many of their member CEOs were giving to the carbon pricing discussion in...
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