News

Asia-Pacific shares trade broadly lower

Thu, 4 Dec 2008 05:08:36 +0000

Statistics suggesting that Japanese companies cut capital spending last quarter at the fastest rate for six years has weighed on Asian markets

Overview: Volatility revived by more dire economic data

Wed, 3 Dec 2008 22:32:57 +0000

Financial markets saw fresh volatility as investors absorbed further dire economic reports and braced for a series of interest rate decisions

Volatile Wall Street ends day with rally

Wed, 3 Dec 2008 21:47:54 +0000

Banks and homebuilders were among the favourite stocks as investors hunted for bargains during a volatile session that finished with a strong rally

FTSE recovers following Wall St rally

Thu, 4 Dec 2008 00:09:18 +0000

London equities recovered to finish higher following a rally on Wall Street and on expectations of an imminent interest rate cut

Commodities prices at six-year lows

Wed, 3 Dec 2008 20:05:50 +0000

Commodity markets remained under pressure with the Reuters-Jefferies CRB index, a global benchmark, touching its lowest level since November 2002

Record number of companies at risk of default

Wed, 3 Dec 2008 22:58:49 +0000

A fresh sign in the deterioration of credit market conditions emerged yesterday when one of the most closely watched barometers of sentiment broke through an important threshold

Pound down on rate cut expectations

Wed, 3 Dec 2008 17:38:41 +0000

The pound lost ground against the dollar and weakened towards a record low against the euro as data showed the UK services sector contracted at a record rate in November

Record rise in US home loan applications

Wed, 3 Dec 2008 20:30:47 +0000

A record surge in home financing activity has followed the planned purchase of $500bn in mortgage securities by the Federal Reserve

Smaller hedge funds more resilient

Wed, 3 Dec 2008 18:03:33 +0000

Full account of established funds' losses puts them behind recent arrivals

China looks to buy more base metals

Wed, 3 Dec 2008 18:16:23 +0000

For the second time this week an official has hinted that the world's largest metals consumer could build up state reserves

Weak services data point to rate cut

Wed, 3 Dec 2008 20:03:47 +0000

Bad news on services in Britain was mirrored in record low readings of business activity in services in the US and throughout the eurozone, underscoring the international nature of the recession

Telecoms and pharma lead European recovery

Wed, 3 Dec 2008 22:54:12 +0000

European equity markets staged a dramatic recovery, shrugging off negative data and tracking US stocks higher, with defensive telecoms and pharmaceuticals in the lead

Qantas shares lead weak rally across Asia

Wed, 3 Dec 2008 10:55:53 +0000

Shares in the Australian carrier Qantas Airways, which is talking with British Airways about a merger, gained nearly ten per cent to help lead a weak rally across Asia Pacific

Australian dollar rallies after rate cut

Tue, 2 Dec 2008 18:00:14 +0000

The Australian dollar advanced after the Reserve Bank of Australia delivered an aggressive cut in interest rates

Call for action on agricultural speculation

Tue, 2 Dec 2008 19:56:58 +0000

European Commission report on price volatility in agricultural commodities markets recommends talks with US

All news is feed via the Financial Times website.

Financial Times

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