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EU agrees on fund package of 500 billion euros to stem Greek contagion

2010-05-10

May 10 (Bloomberg) -- The euro rose as European leaders agreed on a loan package worth 500 billion euros ($643 billion) to prevent Greece’s fiscal woes from triggering a broader sovereign-debt crisis. Europe’s common currency gained against 13 of its 16 major counterparts as European Union leaders announced details of the plan. The yen slid against all major peers as prospects the Greek crisis won’t spread damped demand for Japan’s currency as a refuge.“The fact they’ve been trying to put together something over the weekend is very positive,” said Phil Burke, chief dealer for global foreign exchange and rates at JPMorgan Chase in Sydney. “Risk has been put back on. The market seems to be happy to take back some of the short positions on the euro.” A short position is a bet that an asset will fall. The euro climbed to $1.2883 as of 9:28 a.m. in Tokyo from $1.2755 on May 7, after falling 4.1 percent last week, the most since the five days ended Oct. 24, 2008. The 16-nation currency rose to 118.52 yen from 116.81 yen. The dollar gained to 91.99 yen from 91.59 yen. Austrian Finance Minister Josef Proell said 440 billion euros will be loan guarantees and 60 billion euros will be from the EU existing budget. The loan guarantees were the “biggest sticking point until the very end,” Proell said. Group of 20 finance officials started a conference call to discuss the Greek debt crisis at 7 a.m. Seoul time, according to a South Korean finance ministry official who declined to be identified because the talks are private.


 

2018-02-22
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2018-02-21
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TIC proposes 10% cash dividends for the year 2017

2018-02-19
APC reports net income of JD1.20 million at the end of 2017

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PID realizes net loss of JD0.01 million at the end of 2017

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2018-02-19
NIC posts net income of $7.70 million at the end of 2017

2018-02-19
JCC posts net income of JD0.51 million at the end of 2017

2018-02-19
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
AHC realizes net losses of JD1.52 million at the end of 2017

2018-02-18
AIB posts net income of $6.40 million at the end of 2017

2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
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2018-02-18
AZIZA posts net income of JD3.18 million at the end of 2017

2018-02-18
APC proposes 50% cash dividends for the year 2017

2018-02-18
PALTEL recommends 40% cash dividends for the year 2017

2018-02-18
GUI proposes 20% stocks dividends and 10% cash dividends for the year 2017

2018-02-18
NIC proposes 25% stocks dividends and 25% cash dividends for the year 2017

2018-02-18
ELECTROODE proposes 12% cash dividends for the year 2017

2018-02-18
NAPCO proposes 5% cash dividends for the year 2017

2018-02-18
BOP proposes 13.5% cash dividends for the year 2017

2018-02-18
TRUST proposes 50% stocks dividends and 20% cash dividends for the year 2017

2018-02-15
A momentum in the dividends proposals and varied financial performance for the blue-chips

2018-02-15
TNB posts net income of $9.20 million at the end of 2017

2018-02-15
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2018-02-15
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2018-02-15
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2018-02-15
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2018-02-15
PEC posts net income of $8.64 million at the end of 2017

2018-02-15
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2018-02-15
TIC records net income of $2.19 million at the end of 2017

2018-02-15
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2018-02-15
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2018-02-15
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2018-02-13
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2018-02-13
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2018-02-13
BPC proposes 2.7% stocks dividends and 20% cash dividends for the year 2017

2018-02-13
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2018-02-12
VOIC posts net income of JD6.83 million at the end of 2017

2018-02-11
APIC reports net income of $17.44 million at the end of 2017

2018-02-08
Inactivity state in the market with the approaching end of the disclosures’ period

2018-02-08
VOIC recommends 60% cash dividends for the year 2017

2018-02-07
QUDS posts net income of $11.18 million for the year 2017

2018-02-06
ARAB reports net income of JD0.05 million for the year 2017

2018-02-05
PCMA and JSC signed memorandum of understanding

2018-02-05
BOP proposes distributing 13.5% cash dividends for the year 2017

2018-02-05
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2018-02-05
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2018-02-01
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2018-02-01
Several transactions in the PEX and the companies have started their disclosures

 

 

 
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