- Eurozone debt crisis: ECB aid averts funding crisis for Italy, Spain, Belgium
“Short-term borrowing costs have come down significantly and that certainly helps to buy time,” said Jens Nordvig, MD of currency research ...
06 Jan, 2012, 10.17 AM IST
- Liquidity woes overseas to test RBI's vow to hold rates
Slump in the currency is another deterrent for cos to seek overseas loans despite lower interest rates, as benefits of funding costs are ne...
25 Nov, 2011, 09.13 AM IST
- EU executive backs eurobonds as way out of crisis
The European Commission backed the introduction of jointly issued eurobonds, coupled with stricter budgetary discipline.
24 Nov, 2011, 10.05 AM IST
- How Italy found an Asian saviour as China looks to boost image
China is playing a "white knight" role in assisting Europe and buying itself goodwill that will enable it to purchase more sensitive Europe...
14 Sep, 2011, 11.58 AM IST
- Euro falls back on profit taking
The euro fell back in Asia on Friday, as investors locked in profits after the unit surged on successful debt auctions by Spain and Italy.
14 Jan, 2011, 12.11 PM IST
- Spain faces first big debt test of 2011
In reaction to the Portuguese issue, the Madrid stock market's Ibex-35 index soared 5.42 per cent on Wednesday, powered by banking shares.
13 Jan, 2011, 03.48 PM IST
- Euro drifts lower in Asia as Spain auction looms
The euro eased in Asian trade after a successful debt auction by embattled Portugal soothed fears for the eurozone economy, dealers said, a...
13 Jan, 2011, 12.23 PM IST
- Debt crisis: European Union may offer $78 billion loan to Portugal, lower rates
The plan, which may include a loan to Portugal of about 60 billion ($78 billion) and purchases of outstanding Greek debt, would mark an att...
13 Jan, 2011, 01.43 AM IST
- Pressure on Portugal heightens amid debt fears
Europe's debt crisis flared up once again Monday, as Portugal's borrowing rates briefly spiked to euro-era highs amid reports Germany and F...
10 Jan, 2011, 10.25 PM IST
- Portugal needs to raise up to 20 bn Euros in 2011
Austerity measures adopted by the government to restore the country's fiscal health are expected to stunt economic growth next year.
29 Dec, 2010, 11.09 PM IST
- Experts’ take on money trends for the week
Barring any aggressive intervention by the RBI, liquidity may remain short as advance tax outflow will soon follow in December and a flurry...
08 Nov, 2010, 04.33 AM IST
- Rupee can trade in two bands
One of the key themes in the FX markets, of late, has been the degree of deviation between price movements of USD/ Majors, USD/Asia and USD...
08 Nov, 2010, 04.02 AM IST
- US dollar falls against euro
The US dollar on Wednesday fell against the euro and rose against the yen as traders regained confidence in the European market after Portu...
09 Sep, 2010, 11.07 AM IST
- Dollar just above 15-year low vs Japanese yen
The dollar fell against the euro and most other currencies Wednesday after a relatively successful bond auction in Europe helped investors ...
09 Sep, 2010, 11.05 AM IST
Gold rises above $1,215/oz on euro zone concernsGold rose nearly 2 per cent to $1,217.60 an ounce.
13 Jul, 2010, 07.09 PM IST
- Europe faces debt contagion fear
The euro slid further amid fears that Greece's debt crisis would spread across the continent, after a ratings agency warned that contagion ...
06 May, 2010, 05.12 PM IST
- ECB Chief may have to buy govt debt if bailout plan fails to stem euro slide
European Central Bank President Jean-Claude Trichet, who capitulated on a January pledge not to relax lending rules for the sake of one cou...
05 May, 2010, 02.31 AM IST