Monday, 25 March 2013

Cyprus gets aid deal (Report by Marketwatch)

SYDNEY (MarketWatch) -- Eurogroup officials announced a deal to provide Cyprus with 10 billion euros ($13 billion) in aid, in exchange for a series of measures which include the closure of a major bank and a levy on some large deposits. Top officials from the Eurogroup -- which represent the finance ministers of the 17 euro-zone nations -- briefed the news media on the deal shortly after midnight Monday morning, beating a deadline that would have shut down European Central Bank support and likely resulted in Cyprus leaving the currency bloc. Eurogroup chief Jeroen Dijsselbloem said deposits of less than €100,000 would be protected, but added that there was no way to save the country's second-largest lender, Popular Bank of Cyprus or "Laiki Bank."

STI breaks 3280 triple top barrier! What are the Singapore Stocks to Look at this quarter?!

Dear Friends, It is great news that Singapore STI has a triple top breakout off 3280 barrier! As a trader, I always look at triple top bre...