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International News
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US pre-open: Stocks to start week on a down note
Monday 13 May 2013
The major US equity market averages are being called to start the week ever so slightly lower, down by 0.1 per cent. Read More
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Yields fall as Italy sells max target in bond auction
Monday 13 May 2013
Italy managed to sell its maximum eight billion-euro target in the three public debt auctions on Monday at lower financing costs, though demand fell. Read More
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Eurogroup chief says monetary policy can't save Europe from crisis
Monday 13 May 2013
Although the Eurozone finance ministers are currently in a closed-door meeting, the Eurogroup´s President Jeroen Dijsselbloem previously urged Europe to step up its reform programs, warning that monet... Read More
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Asia: Tokyo at five-year high as yen retreats
Monday 13 May 2013
Stocks in Japan rose to their highest level since January 2008 as the weaker yen prompted interest in exporters while a raft of strong earning forecasts further bolstered buyer appetite. Read More
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Acciona raises bets on services sector as construction struggles
Monday 13 May 2013
Acciona's first-quarter results on Monday showed that the Spanish construction group was unable to fully offset a poor performance in infrastructure. Read More
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Bailout tranches pending for Cyprus, Greece, and Portugal
Monday 13 May 2013
Eurozone finance ministers will discuss Greece and Cyprus during Monday's Eurogroup meeting to decide whether to approve the next payment tranches of their respective bailouts. Read More
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ECB prepared to cut deposit rate below zero, says Visco
Monday 13 May 2013
European Central Bank (ECB) member and Bank of Italy governor Ignazio Visco said that the monetary authority was ready to cut the deposit facility rate to negative territory and was both aware and abl... Read More
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European broker round-up
Monday 13 May 2013
Top European stock recommendations of the day: Read More
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Ticker at dawn: Asian markets
Monday 13 May 2013
JAPAN Read More
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China industrial production misses consensus
Monday 13 May 2013
China's industrial output for the month of April clocked in below consensus expectations, according to data published this morning by the country's National Bureau of Statistics. Read More
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US close: Long-term bond yields end sharply higher
Sunday 12 May 2013
US markets finished broadly higher, erasing some of Thursday's losses following a much anticipated speech by Federal Reserve Chairman Ben Bernanke, in which he said the US central bank is currently ke... Read More
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Asia close: Japan reminded by US about 'ground rules' governing FX
Friday 10 May 2013
The main Asian equity benchmarks finished the Friday session mostly higher (Nikkei-225: 2.93%, Hong Kong: 0.47%, BSE: 0.72%, Kospi: -1.75%, Taiwan: -0.07%, Shanghai: 0.62%, ASX: 0.15%), led by outsize... Read More
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Europe close: German data and G7 talks take centre stage
Friday 10 May 2013
- German trade data shows recovery Read More
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US open: Stocks rise after Bernanke speech
Friday 10 May 2013
US markets have opened broadly higher, erasing some of Thursday's losses following a much anticipated speech by Federal Reserve Chairman Ben Bernanke, in which he has said the US central bank is curre... Read More
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US newspaper round-up: Dell, NBC, Bernanke...
Friday 10 May 2013
Dell's largest independent shareholder Southeastern Asset Management has joined forces with investor Carl Icahn in another challenge to founder Michael Dell's 24.4bn dollar bid to take the struggling ... Read More
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JPMorgan's CEO should not be Chairman, says UK fund adviser
Friday 10 May 2013
A UK pension fund adviser has urged investors against re-electing Jamie Oliver as Chief Executive and Chairman of JPMorgan Chase & Co. Read More
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US pre-open: Stocks set to rise ahead of Bernanke speech
Friday 10 May 2013
US stocks opened higher recovering from yesterday's declines and ahead of a much anticipated speech by Federal Reserve Chairman Ben Bernanke. Read More
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Co-op Bank's boss steps down after Moody's downgrade
Friday 10 May 2013
Co-operative Bank’s Chief Executive Officer (CEO) Barry Tootell resigned after Moody's rating agency downgraded the lender. Read More
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Italian 12-month debt yield hits record low
Friday 10 May 2013
Italy sold 10bn euros in two short-term sovereign debt auctions on Friday with the yield on the 12-month paper hitting its lowest level since the introduction of the euro. Read More
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German trade data points to mild recovery
Friday 10 May 2013
Germany continues to plod along as the engine of the Eurozone economy showed more signs of recovery, according to the March trade data published on Friday. Read More
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