Overview: Oil reversal helps equities rebound
Wed, 20 Aug 2008 18:06 BST
A sharp turnaround in the oil price helped trigger a rebound for US and European equities and helped push the dollar back towards a recent six-month high against the euro
HP earnings spur wider blue-chip rally
Wed, 20 Aug 2008 21:57 BST
US stocks closed higher as better-than-expected earnings from Hewlett-Packard gave a boost to technology stocks, which combined with a fall in oil prices to draw attention away from the embattled financial sector
Miners and oil boost London
Wed, 20 Aug 2008 20:29 BST
Miners and oil stocks provided the foundation for a London market rally that left retailers such as J Sainsbury sidelined
Dovish central bank stance hits pound
Wed, 20 Aug 2008 23:40 BST
Sterling slid against the dollar on Wednesday, on expectations of UK interest rate cuts by the end of the year
European resource stocks lead bounce
Wed, 20 Aug 2008 20:15 BST
European equity markets bounced on Wednesday after firmer commodity prices lifted shares in mineral and energy stocks
Oil volatile after US inventories data
Wed, 20 Aug 2008 20:04 BST
Crude oil prices saw a highly volatile session as traders weighed US data showing a big jump in crude stocks and a large fall in petrol inventories last week
MTF platforms set to proliferate
Wed, 20 Aug 2008 15:59 BST
Up to three more alternative European equities platforms are in the pipeline in addition to the previously announced ventures such as Turquoise, BATS Trading and Equiduct, according to Fortis, the Belgo-Dutch bank
Shanghai soars on hopes of stimulus plan
Wed, 20 Aug 2008 10:48 BST
Shanghai equities made their biggest daily gain in four months as optimism rose that the Chinese authorities would implement a stimulus plan to help the economy and support capital and property markets
Saudi opens exchange to foreign investors
Wed, 20 Aug 2008 20:50 BST
Saudi Arabia is, for the first time, to allow foreign investors to buy indirectly shares listed on its stock market – its most significant move towards opening up the Middle East's largest bourse to outside investment
Freddie pays highest risk premium
Wed, 20 Aug 2008 02:26 BST
The severity of the US mortgage crisis was underscored as Freddie Mac, one of two government-sponsored enterprises that underpin the US housing market, paid its highest risk premium to sell a $3bn (£1.6bn), five-year debt issue to investors
SEC set to overhaul data filing system
Tue, 19 Aug 2008 21:34 BST
The US Securities and Exchange Commission said it would replace its decades-old system of collecting, collating and distributing financial information with a new interactive database
Gloom among manufacturers grows
Wed, 20 Aug 2008 12:33 BST
British manufacturers are more downbeat about their prospects than at any time since late 2001, according to the latest CBI monthly survey of manufacturing trends, with only 23 per cent describing ther order books as above normal
A&L in asset-backed bond sale
Tue, 19 Aug 2008 22:34 BST
Alliance & Leicester has sold only the second mortgage-backed bond out of the UK since the credit turmoil struck. But while the deal offers a small ray of hope to troubled lenders, it does not presage a market recovery
Jakarta hires banks for global sukuk issue
Tue, 19 Aug 2008 22:47 BST
Indonesia appointed three banks to handle its global Islamic bond programme in a boost to the sukuk market
Dollar reaches seven-month peak
Tue, 19 Aug 2008 17:20 BST
The dollar climbed to a seven-month high on Tuesday as US producer price inflation came in much stronger than expected