Browsing Category News
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Autonomy sees upside to 2011 EPS consensus
British software firm Autonomy said it was confident there was upside for earnings consensus for 2011, even after organic growth slowed in the third-quarter as some contracts were ... -
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World stocks hit two-year high, led by emerging markets
World stocks hit a two year high on Thursday, touching levels not seen since September 2008 just after the collapse of Lehman Brothers. Emerging market stocks led the way, touching... -
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Japan questions South Korea G20 leadership over FX
Japan has called into question South Korea’s leadership of the Group of 20 forum because of Seoul’s interventions to stem the won’s rise and insisted its own currency action ... -
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HK stocks hit 2010 high on central bank easing hopes
Hong Kong stocks rose to a 2010 high on October 6 as investors poured money into local assets on expectations of another round of asset purchases by the US Federal Reserve to stimu... -
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BOJ reverts to zero rates, pledges to buy more assets
The Bank of Japan has pledged to pump more funds into the struggling economy and keep interest rates at virtually zero, surprising markets and stealing a march on the Federal Reser... -
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GM posts gain amid still-slow US auto market
General Motors Co posted an annual sales gain of 10.5 percent in September amid evidence that the U.S. auto market remained stuck in a slow-moving recovery at the start of the four... -
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Iraqi banks need $10bn in three years
Iraq has signed multi-billion deals with oil firms to boost output capacity to 12 million barrels a day in seven years. This could give Iraq the money to rebuild after decades of w... -
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Switzerland scrambling to keep wealth crown
Switzerland, at risk of losing its crown as the world’s top wealth management hub to Singapore, is seeking a deal on billions of dollars of untaxed money hidden at its banks, und... -
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Nikkei up on window dressing, yen clouds outlook
The Nikkei average clawed up 0.7 percent on Wednesday on window-dressing before the end of Japan’s financial first half, but it pared earlier gains as the yen’s strength revive... -
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Lloyd’s of London profit halves on record claims
The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and US oil spill halved its profits, and said it saw no respite...
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