Monthly Archives:  June 2011

  • Market News

    Full Story | 30th June 2011
    European Markets European markets are called to open positive this morning. Asian Markets Asian stocks rose, with the regional benchmark index headed for its highest close in a month, as concern about a banking crisis .
  • Market News

    Full Story | 28th June 2011
    European Markets European markets are called to open higher this morning. Asian Markets Asian stocks rose, with the regional benchmark index paring its loss for the month, on speculation Greece may be allowed to roll .
  • Standard Chartered Sees Double-Digit Growth

    Full Story | 28th June 2011
    Standard Chartered Plc, the U.K.’s third-largest bank by market value, said it may post “double- digit” growth in first-half revenue and pretax profit as it tightened control on expenses. Revenue from markets including Hong Kong, .
  • China Auditor Warns of Risk on Local Debt

    Full Story | 27th June 2011
    China’s first audit of local government debt found liabilities of 10.7 trillion yuan ($1.7 trillion) and warned of repayment risks, including a reliance on land sales and investment in stocks. A total of 148 financing .
  • Market News

    Full Story | 27th June 2011
    European Markets European markets are called to open negative this morning. Asian Markets Asian stocks fell by the most in a week ahead of the release of data that may show the U.S. economy is .
  • Papandreou Faces Showdown on Austerity

    Full Story | 27th June 2011
    Greek Prime Minister George Papandreou faces his second survival test in a week as lawmakers vote on a five-year austerity plan that must pass for the cash- strapped nation to secure more international aid. Failure .
  • Draghi Appointed to Succeed Trichet as ECB President

    Full Story | 24th June 2011
    Bank of Italy Governor Mario Draghi was appointed as the next president of the European Central Bank, avoiding a delay that risked complicating the handling of the sovereign-debt crisis. Draghi’s appointment was approved at a .
  • Apple Files Patent Suit Against Samsung

    Full Story | 24th June 2011
    Apple Inc. (AAPL) filed a patent lawsuit against Samsung Electronics Co. in South Korea, escalating the legal dispute between the two companies regarding designs and technologies used in their best-selling mobile devices. The maker of .
  • Market News

    Full Story | 24th June 2011
    European Markets European markets are called to open higher this morning. European Union leaders pledged to stabilize the euro-area economy, vowing to stave off a Greek default as long as Prime Minister George Papandreou pushes .
  • Maret News

    Full Story | 23rd June 2011
    European Markets European markets are called to open negative this morning. The dollar strengthened against the yen and euro, Asian stocks fell for the first time in three days while oil and metals led commodities .