Queensland picks banks for A$7bn rail IPO
Wed, 10 Mar 2010 03:43:38 GMT
The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail’s coal and freight arm, expected to be Australia’s biggest listing this year
Equities rally on hold as caution sets in
Tue, 09 Mar 2010 20:51:09 GMT
Global Markets Overview: It is a year ago that stocks began to bounce from their cyclical nadir – a closing low of 673 for the S&P 500 – and it looks like the anniversary has left Mr Rally searching for direction.
Imperial Tobacco hit by earnings worry
Tue, 09 Mar 2010 19:54:19 GMT
London equity markets erased early gains on Tuesday as weaker-than-expected results held the mining sector at bay, while banks also fell back as market sentiment soured
Wall St up on one-year anniversary of bottom
Tue, 09 Mar 2010 18:16:34 GMT
US equities rallied modestly a year to the day since markets closed at their lows during the financial crisis, as investors took stock of the recovery
Sugar suffers as India raises output estimate
Tue, 09 Mar 2010 22:23:11 GMT
Sugar prices endure another pounding after estimates for India’s production this season were revised higher
Disappointing data weigh on sterling
Tue, 09 Mar 2010 22:32:00 GMT
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound
Techs reflect on decade since dotcom boom
Tue, 09 Mar 2010 20:37:10 GMT
In January 2000, 17 dotcom companies paid more than $2m each to advertise during the Super Bowl, the season-ending national championship game for American footbal
Spotlight on use of government bond yields
Tue, 09 Mar 2010 20:23:23 GMT
Questions being asked about the use of developed countries’ government bond yields as the risk-free rate investors benchmark other assets against
Mortgage bond spreads at record low
Tue, 09 Mar 2010 19:04:35 GMT
The risk premium on Fannie Mae and Freddie Mac mortgage bonds has dropped to a record low even though the Fed is poised to end its market support for these bonds
Steel groups lifted by improving outlook
Tue, 09 Mar 2010 20:08:41 GMT
Rautaruukki Oyj climbed after Finland’s biggest producer of steel benefited from a broker upgrade on the back of improving sentiment towards the industry