Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Wednesday 22 March 2023 Dublin: 6°C

# Markets

All time
# no more bills
NTMA suspends Treasury Bill auctions until 2014
The National Treasury Management Agency won’t be holding anymore monthly Treasury Bills sales in 2013.
# more bills
NTMA to sell more T-Bills but markets unlikely to learn anything
Ireland will hope to sell €500 million worth of short-term treasury bills this week with the short-term loans are expected to go with little fuss.
# Italy
After two months, Italy's finally getting a new government
The Chamber of Deputies has passed a motion of confidence in the broad coalition led by new premier Enrico Letta.
# no rush
It's taken two months, but Italy has (finally) unveiled its new government
These things take time.
# trading
This is how the markets reacted to fake news tweet
The tweet erroneously said there had been two explosions at the White House and President Barack Obama was injured.
# Markets
Dow, S&P push to new record highs
The rise is returning the stock markets to levels not seen since before the global financial crisis.
Voices
Column: EU unity is little more than fiction in the wake of Cyprus being hung out to dry
The Cypriot case demonstrates that the European authorities are now prepared to cross the rubicon into the appropriation of deposits. It seems clear that this crisis has seen the Eurozone enter a new and dangerous phase, writes John O’Brennan.
# Debt Crisis
Cyprus to exempt small savers from deposit tax ahead of crucial vote
Accounts with balances under €20,000 will be exempted from a controversial levy if it is approved by MPs today.
# Markets
Ireland to auction €500 million in T-Bills
The next sale is slated for Thursday, 21 March.
# Controversial
Cyprus postpones crucial vote on unpopular bailout until Tuesday
The president is trying to get parliamentarians to back the bailout deal that slaps a hugely unpopular levy on bank savings.
# Michael Noonan
Noonan: Europe now owes Ireland after 'taking one for the team'
“As Ronald Reagan used to say, ‘We took one for the team.’ And I think the team owes us now.”
# Markets
SOLD! Ireland sees slightly higher cost of borrowing on T-Bills
The NTMA sold €500 million worth of short-term bonds at auction this morning.
# China
Foreign investment in China in first fall for three years
The fall comes amid economic turmoil in developed markets and a slowdown in the country.
# We're Baaaaaack
NTMA to tap bond markets
The decision will see money raised through medium-term bonds.
# Happy New Year
Stock markets like it when there's no Fiscal Cliff. Who knew?
European markets are all enjoying a healthy start to the year, while US futures have also welcomed the deal.
# Markets
European stocks rise after festive break
Europe’s main stock markets rise as traders focus on whether the United States will avert the 2013 “fiscal cliff”.
# Markets
European equity markets stable in quiet Christmas Eve deals
Sentiment has been hampered by the US fiscal cliff, according to dealers.
# Fundraising
Bank of Ireland raises €250 million in sale of subordinated debt
The beleaguered bank has ventured back into the fundraising markets.
# Netflix
Netflix faces US penalty for CEO Facebook comments
Hastings posted a comments that said customers were spending around a billion hours per month watching Netflix
# Cheers
Forty-eight million bottles of Jameson being sold every year
Whiskey from the Midleton distillery in Cork is one of Ireland’s greatest export successes.
# Markets
European stock markets waver after France loses AAA rating
European markets have all recorded modest gains, apparently in expectation of a deal to lend Greece the cash it needs.
# EasyJet
easyJet revenue and passenger numbers up
Passenger numbers rose 7.1 per cent to 58.4 million in 2012.
# Zut alors!
Here's why the French got upset about The Economist cover
It caught the attention of the investing class…
# Markets
Ireland's cost of borrowing drops as another €500 million is raised
Today’s T-Bills auction was oversubscribed.
# Testing the Waters
Ireland to go back to the markets again
The auction of T-Bills is set to raise another €500 million.
# Markets
72 per cent of Irish CEOs see overseas markets as more significant
A survey also showed that only 21 per cent of CEOs believe that Ireland will return to strong GDP growth in 2013.
Voices
Column: Markets like Moore St are the heart of our cities, and must be saved
The humble street market is in danger of being forgotten as developers move in – but it represents our real heritage, writes Barry Kennerk.
# Markets
Ireland's cost of borrowing stable as €500 million raised on markets
The auction was oversubscribed and the cost of borrowing remained at 0.7 per cent.
Voices
Column: Financial transaction tax? Nice idea, but it won’t work this way
Proposals for a European financial transaction tax are wishful thinking – and won’t hinder the bankers, writes Arthur Doohan.
# Eurozone
S&P downgrades Spain two notches
Spain’s sovereign debt rating has been cut to just one level above “junk” grade debt – which could see Madrid’s borrowing costs skyrocketing to untenable levels.
# Eurozone
Portugal criticises tardy European Central Bank
The ECB “arrived late” to attend to the debt crisis in the eurozone, accuses Portuguese president Anibal Cavaco Silva.
# Privacy Scare
Facebook denies private messages have been made public
Plus, bad news for Facebook shareholders.
# The Fed
US Federal Reserve announces plan to buy more debt to boost economy
Analysts were not surprised by the move which essentially amounts to so-called quantitative easing.
# Markets
NTMA chief: It's looking good for 'sustainable' re-entry to markets
However, John Corrigan does warn that “wider uncertainties” in the eurozone could be risk factor to Ireland’s progress.
# Italy
Italy's electoral law increases market fears
The current system allows party leaders to pick and choose the list of candidates the electorate can vote for and guarantees a strong majority in parliament for the winning party.
# fake of the day
Corporate Takeover of the Day
Starbucks give away free branded sleeves to ‘upgrade’ your non-Starbucks coffee. Ah now.
# Markets
Manchester United slashes price for US IPO
The move comes amid doubts about the team’s ability to boost profits as long as it carries a hefty debt burden.
# ECB
Spain's debt: will ECB start buying bonds again?
ECB set for crucial meeting today over eurozone debt crisis.
# Facebook
Facebook posts $157m loss in first results since IPO launch
The loss stemmed from accounting rules requiring Facebook to set aside reserves from restricted stock units before 2011.