Latest World Markets News
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Stocks Calm returns as holiday beckons
The Nikkei had a rocky Friday but managed to edge up by 0.9% at the close. "In Tokyo we've seen an attempt at a recovery," said Nick Beecroft, senior market analyst at Saxo Capital Markets. "That's a pretty normal profile for market action in a correction such as this." U.S. stocks closed slightly lower Thursday ...
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Heathrow closes runways after BA plane-engine fire
LONDON (MarketWatch) -- Two runways at Heathrow Airport have been closed Friday after a British Airways plane had to make an emergency landing, according to media reports. The plane's engine caught fire just after takeoff at around 9.00 a.m. London time on the BA762 flight to Oslo. The airline said all crew and 75 passengers on the Airbus A319 were evacuated safely. Heathrow Airport has ...
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Feds Bullard sees no surprise in Japan swings
LONDON (MarketWatch) -- The big swings in Japan's stock and bond markets is not surprising, given the Japanese government's aggressive monetary stimulus program, St. Louis Federal Reserve Chairman James Bullard said Friday. "It is a big moment for Japan," Bullard ...
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The European currencies and yen open on a relatively firm tone
The appetite for risk is mixed ahead of the US open after improving in the second half of Thursday. Now that the market had a chance to analyze Wednesday's Federal Reserve reiteration of the likely scaling back its asset purchase program in June and saw Germany's good Ifo report, volatility must subside. But it persisted for the Nikkei 225. The European currencies and yen open on a ...
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China vows to liberalise interest rates
yuan currency more responsive to market forces and more convertible this year, the government said on Friday. China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according to guidelines on reforms for 2013 drafted by the National and Development and Reform Commission ...
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Telkom misses out after Vodacom
Telkom was set to compete more aggressively after unbundling Vodacom, then CEO Reuben September wrote in the 2009 annual report. In the five years since Telkom unbundled its 50% stake in Vodacom - which it did in a bid to be more competitive as it could not expand in Africa - it has seen revenue from its traditional operations fall, its share price plummet, and billons lost in dividends. ...
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Icahn seeks $7bn for Dell bid
Activist investor Carl Icahn and Southeastern Asset Management have initiated talks with banks and asset managers to line up commitments for as much as $7billion in bridge loans to back their leveraged recapitalisation proposal for Dell, banking sources told Thomson Reuters yesterday. Jefferies & Co is leading the ...
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Google considers Waze purchase
Google is considering buying Israeli mobile satellite navigation start-up Waze, which may lead to a bidding war with Facebook, Bloomberg news reported, citing people familiar with the matter. Waze is seeking more than $1 billion and is fielding expressions of interest from multiple parties, said Bloomberg, citing a ...
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Clarity report architecture and engineering industry
Each year, Deltek releases one of the world's most sought-after A/E research reports, solidifying Deltek's position as the leader in industry knowledge. This year, with a comprehensive outlook of how today's A/E firms are ...
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Make empowered business decisions with Commercial Credit Information
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Economic challenges offset global equities rally
Economic challenges in Investec’s main markets would partly offset a rally in global equities, the owner of a bank and a money manager in South Africa and the UK said yesterday after reporting that full-year profit rose 28 ...
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US retailer bonds fall behind as shoppers spend less
Bonds of US retailers from Target to Wal-Mart Stores are posting their worst losses since 2006 amid smaller consumer income and slowing growth in the US economy, even as the broader corporate debt market generates ...
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German business confidence rises in May reports
LONDON (MarketWatch) -- Business confidence in Germany rose more than expected in May, with the Ifo business-climate index climbing to 105.7 points from 104.4 in April, data showed Friday morning according to media reports. Expectations were for a 104.5 reading. German stocks inched higher after the data, with the DAX 30 ...
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Barclays aims for redemption
By Gary M. Stern FORTUNE – Most corporate annual reports specialize in self-promotion and accentuating the positive. But the 2012 annual report of Barclays reads like a mea culpa. When Barclays ...
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Want to invest in Samsung Good luck
With 200 shares of Apple in his portfolio, California resident Dave Kastener was thinking about going rogue. The self-professed "Apple fan" wanted to invest in ...
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Europe Markets Europe stocks recoup ahead of German Ifo data
LONDON (MarketWatch) -- European stock markets climbed on Friday, partly recovering from a sharp selloff the prior day, with investors awaiting a reading on German business confidence to gauge if the region's powerhouse is gaining ...
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Gold takes a pause after prior-day run
MADRID (MarketWatch) -- Gold prices eased on Friday as Asian equities swung higher, but saw little benefit from a weaker dollar as the yen gained. Gold for August ...
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China U.S. reach deal on audit records WSJ
LOS ANGELES (MarketWatch) -- In a breakthrough to a long-running dispute, China has agreed to allow its accounting firms to give U.S. regulators access to relevant records, The Wall Street Journal reported early Friday, saying the deal was due to be announced later in the day. The agreement allows the U.S. Public Company Accounting Oversight Board to see audit records and other documents held by ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
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Aust bonds weaker
AUSTRALIAN bond futures prices are lower as traders weigh falls on equity markets against the possibility the US Federal Reserve will begin to wind back its asset-buying program. UBS interest rate strategist Matthew Johnson said bond futures prices had been weighed down by Fed chairman Ben Bernanke's testimony before Congress on Thursday morning (Australian time). In his testimony Dr ...
Kyrgyzstan Featured
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Kyrgyzstan must stick to long-term development plans
While news of the political unrest and government change in early 2010 dominates the world headlines, Kyrgyzstan faces an uncertain future as long-term plans for infrastructure development are thrown into disarray and uncertainty.
Kyrgyzstan is one of the poorest countries in Central Asia and stands to benefit greatly from long-term development plans initiated under the auspices of the Central Asian Regional Economic Cooperation (CAREC) Program, if the interim government can move on from the current political crisis and stabilize the country’s economy and political future. Read more
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