|
Inflation woes heighten investors' uncertainty
Fri, 16 May 2008 19:04 BST
Inflation concerns were never far from investors' minds this week as oil prices hit a new record and the Bank of England issued an exceptionally gloomy economic forecast
Saudis to boost oil output after US pressure
Sat, 17 May 2008 00:27 BST
The announcement of an increase production by about 300,000 barrels a day came after a plea by US president George W. Bush to King Abdullah at a meeting in Riyadh
US energy stocks race ahead
Fri, 16 May 2008 18:59 BST
Wall Street stocks slipped back but remained ahead for the week as resurgent oil prices boosted energy stocks but threatened to squeeze already weak consumer spending and financials lost ground
Enodis rises on bid rumours
Sat, 17 May 2008 00:29 BST
Catering equipment group firms 3% on talk that Manitowoc would improve on the 282p-a-share cash offer of Illinois Tool Works
Dividend increases a Nikkei fillip
Fri, 16 May 2008 20:06 BST
Equities enjoyed another strong week, with many indices reaching their highest levels in four months
Scandinavians head the gainers
Fri, 16 May 2008 23:26 BST
Nordic companies emerge as week's clearest winners of surging oil and commodities prices and outweigh a steady trickle of banking bad news
New lease of life for mortgage-backed bonds
Fri, 16 May 2008 18:06 BST
The Australian mortgage-backed bond market, which shut down last year in response to the global credit crisis, is showing tentative signs of life
Nordic banks step in to back Iceland
Fri, 16 May 2008 18:20 BST
The central banks of Sweden, Denmark and Norway unveiled a ?1.5bn emergency funding package to support Iceland's troubled currency and stabilise its banking system
Soaring freight costs add to price of basics
Fri, 16 May 2008 14:03 BST
Countries that import natural resources, led by China and India, face further inflationary pressures after the cost of shipping basic commodities surged to its highest ever level
Statistical quirk lifts car sales in Europe
Fri, 16 May 2008 08:42 BST
April new car registrations in Europe jumped 9.6 per cent to 1.42m vehicles but the gain was merely statistical with Easter falling a month earlier than a year ago
Liffe offers new money market options
Thu, 15 May 2008 17:18 BST
Liffe, the international derivatives exchange, is launching new money market products amid growing concerns over the London Interbank Offered Rate as a reference for future interest rates
Hong Kong GDP hits 7.1 per cent year on year
Fri, 16 May 2008 11:19 BST
Economic growth accelerated to its fastest pace since the third quarter of last year and buoyed by strong investment and resilient exports
Chinese quake fears push up aluminium
Thu, 15 May 2008 20:32 BST
Aluminium prices on Thursday rose back above the key $3,000-a-tonne level as investors bet that China's power shortages could be aggravated by damage to dams and the grid by the recent earthquake, leading to lower supplies
South Korea to lend shares in state firms
Thu, 15 May 2008 17:02 BST
The South Korean government plans to lend shares in state-run companies such as Industrial Bank of Korea, Korea Gas Corp and Korea Electric Power Corp to investors to boost returns from its stockholdings
Adaro poised to be Indonesia's largest IPO
Thu, 15 May 2008 16:34 BST
The holding company for Indonesia's second-largest coal miner, increased its planned public offering, making it likely to be the largest IPO in the country's history
|
