|
Written by Teng Xin Jie
|
|
Tuesday, 15 May 2012 08:15 |
|
The financial crisis in Greece is a long-standing issue that sees little improvement with its unstable political situation. Placing their ideology aside, contesting parties are either for austerity measures or against it. Most recently, Socialist leader Evangelos Venizelos gave up the mandate to form a coalition government after negotiations proved fruitless. Although a coalition may be formed amongst pro-bailout parties, it is not sustainable with strong anti-austerity sentiments, resulting in the need for a new election. Apart from prolonging all the uncertainty in Greece, what does this point to the future of the country?
|
|
Read more...
|
|
|
Can Spain Avoid a Bailout? |
|
Written by Suresh Raj
|
|
Thursday, 19 April 2012 05:43 |
|
Economists are well aware that Spain will be next to seek a bailout, however it still remains unclear when they will need the funds and the levels of funds they would need. With Spain’s economy being the twelfth largest worldwide and the fifth largest in the European Union, as well as the Eurozone's fourth largest, it would suggest that Madrid would be seeking a multi-billion Euro bailout for its banks and possibly for the state itself.
|
|
Read more...
|
|
Eurozone Needs to be Firewalled! |
|
Written by Suresh Raj
|
|
Monday, 05 March 2012 07:20 |
|
Following a 12 hour meeting, European finance ministers have agreed on a second bailout package for Greece worth €130bn. The deal is expected to bring the government debt in Athens down to 120.5% of gross domestic product by 2020 – this is approximately the maximum level the IMF and the Eurozone considers sustainable.
|
|
Read more...
|
|
|
1st Quarter of 2012 in Summary |
|
Written by Suresh Raj
|
|
Tuesday, 17 April 2012 07:41 |
|
After an inspiring first quarter, investors across the board are now on the lookout for what may be yet another sell off. The FTSE 100 - the UK's leading index of shares - ended the first quarter of the year up 3.5% - wiping out about two-thirds of the losses investors suffered in 2011. The Dow rose 994 points, or 8.1%, and the S&P 500 rose 150.87 points, or 12%, during the first three months of 2012, amid signs of a strengthening US economic recovery. However, 2010 and 2011 both similarly saw an early rally in the markets which was then followed by a dramatic downturn which begun in the spring.
|
|
Read more...
|
|
Ideas for wealth from the Farringdon Group |
|
FARRINGDON GROUP is a leading provider of Private Wealth Management solutions. Formed in 2007 and with the head office in Kuala Lumpur, the goal was to establish a company which put the client’s needs first. Our client-focused approach has helped us expand rapidly across the Asia Pacific Region. Farringdon Group now has 6 offices across 5 countries.
FARRINGDON GROUP operates a team-based approach to managing our clients’ assets. As a client of Farringdon, you will have both a fully qualified Financial Advisor as well as your own dedicated Portfolio Manager. Your Financial Advisor will offer you advice on a range of areas from asset protection to tax efficiency on your investments. Your Portfolio Manager will recommend buys and sells inside your portfolio and is on hand to answer any queries you may have concerning the current market conditions. By adopting this team-based approach to handling your financial affairs, we aim to deliver you a one-stop service that meets all your financial planning needs.
|
|
Read more...
|
|
|
|
|
|
|
Page 1 of 12 |
