Monthly Archives:  September 2011

  • Market News

    Full Story | 30th September 2011
    European Markets Opening calls are indicating a flat open this morning. Asian Markets The Hang Seng average is trading lower in the current session. US Markets Stocks went on a roller-coaster ride Thursday, as investors .
  • France, Italy and Spain Extend Short-Selling Bans

    Full Story | 29th September 2011
    Bans on short-selling stocks in France Italy and Spain have been extended, a European Union markets watchdog said on Wednesday. The Italian and French bans will remain until November 11, while the Spanish curbs would .
  • Chavez Hospitalized for Kidney Failure

    Full Story | 29th September 2011
    Venezuelan President Hugo Chavez entered a hospital in Caracas to undergo emergency treatment for kidney failure, El Nuevo Herald newspaper reported, citing sources close to the situation it didn’t name. Chavez, who has been receiving .
  • Germany Approves Reforms to Euro Bailout Fund

    Full Story | 29th September 2011
    Germany’ parliament has approved reforms to the European Financial Stability Facility (EFSF) that would allow the fund to participate in the primary market and to recapitalize European banks in a much-anticipated vote in the Bundestag. .
  • Germany`s Merkel Faces Biggest Test in Euro Vote

    Full Story | 29th September 2011
    German Chancellor Angela Merkel faces a battle for her political survival on Thursday when some of her coalition, worried about throwing good money after bad by bailing out Greece, could humiliate her in a parliament .
  • Nokia to Cut 3,500 More Jobs, Close Factory

    Full Story | 29th September 2011
    Nokia Oyj, the world’s biggest maker of mobile phones by volume, said it will cut 3,500 jobs as it closes a factory in Romania and reorganizes its maps business. The company is also reviewing plants .
  • Market News

    Full Story | 28th September 2011
    European Markets Opening calls are indicating a higher open this morning.   Asian Markets The Nikkei average is trading flat in the current session. US Markets Stocks rose Tuesday, ending higher for a third day, .
  • Gold ETF Investors Hold On in `Dash for Cash`

    Full Story | 28th September 2011
    Amid the second-largest gold sell-off since 1983, the casual observer could be forgiven for thinking that investors were dumping bullion in droves. Initial data suggests otherwise. The loss of confidence that caused gold prices [XAU= .
  • Split opens over Greek bail-out terms

    Full Story | 28th September 2011
    A split has opened in the eurozone over the terms of Greece’s second €109bn bail-out with as many as seven of the bloc’s 17 members arguing for private creditors to swallow a bigger writedown on .