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
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
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
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
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
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
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
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
Smaller hedge funds more resilient
Wed, 3 Dec 2008 18:03:33 +0000
Full account of established funds' losses puts them behind recent arrivals
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
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
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
FDIC-backed debt soars as banks cash in
Tue, 2 Dec 2008 18:29:28 +0000
US banks have rushed to sell bonds backed by the Federal Deposit Insurance Corp
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
