Posts Tagged ‘ eurozone ’

IATA Lowers Profit Expectations for 2012

December 8, 2011
By

IATA has lowered its profit expectations from its global airline earnings in 2012 to $3.5 billion, 28.6% less than its last prediction, stating its concerns of a net loss of $8.3 billion if the Eurozone crisis continues to worsen and global GDO growth falls. IATA’s previous forecast was released in September, in which they revealed their expectations of a $4.9 billion profit next year. The airline industry leaders represents more than 200 airlines around the world, including Asia, Europe...

Read more »

Asian Shares Increase as Eurozone Meetings Continue

October 24, 2011
By

Asian shares saw a dramatic increase following this weekend’s meetings in Europe, which resulted in “good progress.” According to European finance ministers, the Eurozone plans to boost its $610 billion rescue fund in an effort to draw investors and convince markets that it is indeed capable of protecting floundering countries such as Italy and Greece. Few real details were released after the meetings, though. Investors have continued to focus on the yen, which has reached a record post-war high...

Read more »

Nikkei Falls 0.84 % Due To Geopolitical Tension And Eurozone fears!

November 25, 2010
By

Tokyo stocks fell on Wednesday and the Nikkei stock index lost 0.84 percent, as tensions arose over geopolitical strife over conflagrations in Korean and the instability of the eurozone after Ireland’s debt-rating cut stressed investor feelings. Standard & Poor’s downgrading of Ireland’s long-term debt caused fear of a domino effect in the eurozone and lowered investor confidence. Adding to investor uneasiness are increasing tensions in Korean after artillery exchanges between the Republic of Korea (ROK) and the Democratic People’s...

Read more »

© 2010-2013 Investment Options Asia All Rights Reserved