Scottish & Southern leads FTSE lower
Wed, 7 Jan 2009 08:52:42 +0000
Weakening resource stocks ended the six-session rally on London's equities market on Wednesday, but there was support for shares in Marks & Spencer after the retailer avoided issuing a profit warning alongside its Christmas trading update.
Asia-Pacific shares reach a two-month high
Wed, 7 Jan 2009 05:21:07 +0000
Asia Pacific shares climbed as the US president-elect Barack Obama said he would spend more than his government received in tax for years to make sure the economy pulled out of recession
Fund managers fight tougher disclosure rules
Wed, 7 Jan 2009 06:30:16 +0000
Three associations representing fund managers in Australia, the UK and US have joined forces to warn that their industry would be damaged if market regulators publish detailed information on short-selling trading positions
US stocks shrug off glum data
Tue, 6 Jan 2009 22:43:09 +0000
Traditionally defensive stocks escaped a modest rally on Wall Street as investors shrugged off more glum economic data and dipped their toes into riskier sectors
Euro weakens as prices plunge
Tue, 6 Jan 2009 22:45:36 +0000
The euro fell to three-week lows against the dollar and sterling on Tuesday as plummeting eurozone inflation raised expectations that the European Central Bank was set to cut interest rates in the region.
Turn of year brings Libor optimism
Tue, 6 Jan 2009 19:01:37 +0000
Traders are betting on sharp declines in interbank lending rates over the next weeks and months
Governments test bond markets
Tue, 6 Jan 2009 18:14:58 +0000
Germany and the US are raising $40bn in sovereign bonds to pay for stimulus programmes and bank bail-outs.
US repo deals face penalties
Tue, 6 Jan 2009 18:14:58 +0000
The industry is hoping that new steps in self-regulation will spare this crucial sector of finance from greater official supervision
A and H shares near parity
Tue, 6 Jan 2009 17:48:52 +0000
The difference in the share prices of Chinese companies listed in both Shanghai and Hong Kong are closing rapidly
Oil hits $50 as Middle East conflict escalates
Tue, 6 Jan 2009 21:28:30 +0000
Oil prices hit the the $50 a barrel level amid escalating violence in the Middle East as fighting between Israel and Hamas showed little prospect of ending quickly
European stocks lifted by carmakers
Tue, 6 Jan 2009 20:16:41 +0000
Car manufacturers provided a focal point for European equities on Tuesday after news that Porsche had achieved a majority holding in Volkswagen boosted both companies' share prices.