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Last Updated: Mar 18, 2010 - 4:28:48 PM |
News
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International
Markets News Afternoon: Irish Services Producer Prices down 4.1% in 2009; EU trade deficit up; Initial weekly jobless benefit claims fall 5,000 in US
Markets news on stocks, currencies and oil.
Mar 18, 2010 - 4:13:31 PM
News
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International
US Leading Economic Index increased 0.1% in February indicating slow economic recovery
The US Leading Economic Index (LEI) increased 0.1 per cent in February, following a 0.3 per cent gain in January, and a 1.2 per cent rise in December. Today's report issued by the New York-based private sector organisation, the Conference Board, indicates a slow recovery.
Mar 18, 2010 - 2:20:34 PM
News
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International
US current-account deficit fell to $419.9 billion in 2009 - - the smallest deficit since 2001 and down from $706.1 billion in 2008
The US current-account deficit--the combined balances on trade in goods and services, income, and net unilateral current transfers--decreased to $419.9 billion (preliminary) in 2009, the smallest deficit since 2001, from $706.1 billion in 2008, according to the US Bureau of Economic Analysis.
Mar 18, 2010 - 2:08:21 PM
News
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International
Markets News Thursday: Former Anglo Irish Bank chief Seán FitzPatrick under arrest; China carrying out yuan stress tests on 12 industries
The former chairman and chief executive of Anglo Irish Bank, Seán Fitzpatrick, was arrested this morning by Gardaí and is being questioned at Bray Garda station in Co Wicklow. Fitzpatrick was arrested at his home in Greystones at 6.30am this morning by Gardaí from the Garda Bureau of Fraud Investigation. A search of Fitzpatrick's home has been carried out.
Mar 18, 2010 - 10:30:25 AM
News
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International
Thursday Newspaper Review - Irish Business News and International Stories - - March 18, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Mar 18, 2010 - 8:04:12 AM
News
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International
World Bank says China’s growth momentum has continued in the first months of 2010
Despite the global recession, China’s economy grew 8.7 per cent in 2009, and the growth momentum continued in the first months of 2010, according to the World Bank’s latest China Quarterly Update released Wednesday.
Mar 18, 2010 - 3:34:03 AM
News
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International
Fund managers shifting their equity focus away from Europe to US and Japan; European equity markets seen as “cheap” by one-third of polled managers
Fund managers have recovered their bullishness towards equity markets but are shifting their focus away from Europe and into the US and Japan, according to the BofA Merrill Lynch Survey of Fund Managers for March. However, European equity markets are seen as “cheap” by almost one-third of polled managers. When questioned by Bank of America Merrill Lynch for their March Fund Manager Survey, almost 30% of respondents said European equity was undervalued - - the first time in a year that so many took this view of Europe.
Mar 18, 2010 - 3:11:32 AM
News
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International
US housing starts and permits fell in February because of severe weather
US data issued today shows that housing starts and permits to build new homes both fell in February, which has been attributed to severe weather.
Mar 16, 2010 - 3:36:15 PM
News
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International
Markets News Tuesday: Shares rise in Europe and Asia; Investors in Japan expect central bank to extend lending support
Markets news on stocks, currencies and commodities.
Mar 16, 2010 - 10:26:34 AM
News
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International
Lehman ousted whistleblower in 2008 who had raised red flags with Big 4 accounting firm Ernst & Young on $50bn scam; Box-ticking auditors in frame
Lehman Brothers ousted a whistleblower just weeks after he raised red flags with Big 4 accounting firm Ernst & Young on a $50bn scam in 2008. The issue of the events leading up to the collapse of the bank have focused attention on high-fee auditors who engage in box ticking in compliance of requirements but shut their eyes to what be may be going on under the surface.
Mar 16, 2010 - 8:31:08 AM
News
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International
Tuesday Newspaper Review - Irish Business News and International Stories - - March 16, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Mar 16, 2010 - 7:14:53 AM
News
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International
Real price of Amsterdam house only doubled in more than 350 years
The real price - - on constant currency value basis calculated by stripping out inflation -- of an Amsterdam house has only doubled in more than 350 years according to an IMF research article.
Mar 16, 2010 - 5:13:30 AM
News
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International
Markets News Afternoon: US industrial production was flat in February; China held $889bn in Treasury securities in January - - Ireland held $$39bn
Markets news on stocks, currencies and oil.
Mar 15, 2010 - 4:46:29 PM
News
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International
Moody's says US and the UK are moving closer to losing their AAA credit ratings as the cost of servicing their debt rises
The US and the UK are moving closer to losing their AAA credit ratings as the cost of servicing their debt rises, according to a Moody’s Investors Service report.
Mar 15, 2010 - 3:33:03 PM
News
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International
Markets News Monday: China calls pressure on currency appreciation "protectionism"; Shares fall in Europe and Asia; Aryzta reports flat half-year profits
Markets news on stocks, currencies and commodities.
Mar 15, 2010 - 9:42:30 AM
News
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International
Global economic recovery remains strong in 2010 but the risks are mounting for 2011
The global economic recovery remains strong in 2010 but the risks are mounting for 2011, according to economists at US investment bank Morgan Stanley.
Mar 15, 2010 - 8:42:03 AM
News
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International
Monday Newspaper Review - Irish Business News and International Stories - - March 15, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Mar 15, 2010 - 6:41:34 AM
News
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International
London and New York lead in Global Financial Centres report followed by Hong Kong and Singapore; Dublin gets ranking of 31 in 75-city sample
London and New York were tied for first place in the latest Global Financial Centres Index (GFC 7) report, published last Friday by the City of London Corporation. They were followed by Hong Kong and Singapore, while Dublin got a ranking of 31 in a 75-city sample.
Mar 14, 2010 - 8:45:09 AM
News
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International
Markets News Friday: Dukes to become Anglo chairman; HSBC confirms theft of Swiss CD with names of 24,000 French clients
Markets news on stocks, currencies and commodities.
Mar 12, 2010 - 11:05:15 AM
News
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International
Friday Newspaper Review - Irish Business News and International Stories - - March 12, 2010
Principal news stories from the Irish Independent, Irish Times, Irish Examiner, Financial Times and New York Times.
Mar 12, 2010 - 6:48:14 AM
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