|
|
February 21, 2008
by Elisha Sanders
According to industry sources, the possible reason for the recent mark-down by Credit Suisse is the over acquiescence of risk managers to successful traders.
After the announcement of the internal review by Credit Suisse to establish exactly what has caused the mark-down, pressure has been building for the results to be made public as to why a few of ...
February 13, 2008
by Kay Murchie
Investors have been tempted by the mining sector after fears that commodities and metal prices could be about to decline.
Broker, TD Waterhouse, has noted that the latest developments have meant that the mining sector is appealing to investors as their customers have experienced a profit in recent days.
Angus Rigby of TD Waterhouse said it has been an energised week for the ...
November 7, 2007
by Kay Murchie
It has been claimed that the developing market in India is expected to provide investors with many opportunities.
Arun Mehra, manager of the Fidelity India Focus fund recently said that India is changing and new trends are emerging all the time. Huge gas and oil fields have recently been discovered on the East coast which will have ...
October 2, 2007
by Stewart Douglas
The central bank of Zimbabwe has today launched a variation on its existing currency, as part of its wider commitment to tackling the crippling rate of inflation that has left the country in dire economic need.
The currency will in effect reduce the number of zeros on each bank note, after the bank was forced to print $200,000 notes several months ago ...
by Stewart Douglas
The price of oil has finally slipped back on international markets below the $80 mark, with investors keenly anticipating figures from the US crude oil inventory due tomorrow.
The price of crude oil has fallen back over the last few days with investors content to reap the rewards of their investment purchases through selling stock and holding off on ...
October 1, 2007
by Stewart Douglas
The Japanese postal system has today begun its initial privatisation, as part of a decade long plan that will see the state run service become the largest commercial bank in the world.
The Japanese postal service Japan Post will begin its fragmentation today amongst the private sector organisations that have won contracts for the initial term, and will see the ...
September 28, 2007
by Stewart Douglas
Stock markets across Europe and the US have tonight closed down on the start of trade, after a day of fairly mixed economic news led to an overall gloomier picture of the world economy.
News of US consumers continuing to spend was a welcome relief from the woes of recent months, and a sign that the US economy may not be as ...
by Stewart Douglas
The International Monetary Fund has today officially named its new head in line with widespread analysts expectations, continuing what Russia has described as the trend of a European heading the IMF in return for an American heading the WTO.
Former French finance minister Dominique Strauss-Kahn was unveiled today as the new leader of the International Monetary Fund, after having received the backing of ...
by Stewart Douglas
Oil prices in Asian markets have closed at a new record high through trade today, as a result of the ongoing weakness of the dollar and the perpetual supply fears that have propped up prices for the best part of this year.
Through trading in Asia today the price of oil per barrel broke the landmark $83 point, up at just below ...
September 27, 2007
by Stewart Douglas
World stock markets enjoyed a morning of widely positive trading, off the back of fresh hopes that the Federal Reserve would further cut interest rates at their next policy meeting to reflect poor results from within the US.
Upon release of figures suggesting that demand for US durable goods had fallen despite the sharp drop in the value of the dollar, analysts had ...
September 24, 2007
by Stewart Douglas
A global economic slowdown over the near future is very likely, as a by-product of the current credit crunch environment, according to an announcement made today by the International Monetary Fund.
Speaking today on the impact of the US sub-prime situation in its global stability report, the International Monetary Fund suggested that the outcome of the current credit crunch environment would most likely lead to ...
September 21, 2007
by Stewart Douglas
Oil prices on global commodity markets have remained high today off the back of ongoing fears of severe weather patterns in the Gulf of Mexico, which many are expecting to have an adverse impact on output.
Brent Crude trade in London hit a new high of $79.35 a barrel. whilst US light crude was down slightly to finish off the day at the ...
by Stewart Douglas
World stock markets have enjoyed a day of recovery in trade, carrying on where they left off earlier in the week with momentum from the Federal Reserve's interest rate cuts, designed to stabilise the rocky sub-prime sector.
The US sub-prime lending sector crisis had been responsible for a significant upset in world markets over the last few months, leaving investors to choose other ...
September 20, 2007
by Stewart Douglas
World stock markets have seen their first day of all round negative trading after the Federal Reserve cut US interest rates to 4.75% earlier in the week, reflecting that the world economy may not yet be in to the clear.
The negative trading comes largely as a result of word from the Federal Reserve that the extent of the sub-prime lending crisis could ...
September 19, 2007
by Stewart Douglas
Markets across the world have again enjoyed a day of positive trading, after yesterday's much anticipated interest rate cut at the Federal Reserve brought some much needed stability back to world markets.
The move comes amidst fears of the extent of the sub-prime situation, and the wider economic effects of tightening liquidity conditions on economies across the world, much of which have been ...
by Stewart Douglas
Oil prices have soared to new highs off the back of the US interest rate cuts, after market trading significantly improved as a result of the increasing stability afforded by the cheaper cost of borrowing.
The price of crude oil rose to $82 a barrel, a new record high as markets saw the impact of significantly lower US interest rates. The price ...
September 18, 2007
by Stewart Douglas
China has today announced a strategic partnership with Congo in relation to developing and constructing infrastructure for mineral and resource extraction, which is set to see heavy investment in transport and welfare projects.
The deal will see China loan Congo $5 billion in establishing more scalable extraction infrastructure for the vast mineral resources the country has to offer in exchange for access ...
by Stewart Douglas
The world stock markets have enjoyed a comprehensive day of positive trading, mainly as a result of the dramatic interest rate cut announced by the Federal Reserve, and the anticipation of the same earlier in the day.
The Federal Reserve today announced that the US interest rates were to be cut by a significant two increments, taking it down to 4.75% in a ...
by Stewart Douglas
Zimbabwe's official rate of inflation appears to have slowed over the course of the last month according to government figures released today.
In figures released by the Central Statistical Office, the prime rate of inflation on an annual basis had fallen over the course of August to 6,592.8%, from last month's official 7,634.8%.
Whilst the official figures may reflect a country in desperate economic crisis, many ...
September 17, 2007
by Stewart Douglas
The price of crude oil has today reached a new high point, breaking the landmark $81 mark for the first time in history to reflect ongoing supply shortages in the wake of increasing demand from the global economy.
The news comes on the announcement that US crude stock piles are running fatally low, at their weakest level for over eight ...
|
|
