China stocks may trade lower on Thursday, weighed down by uncertainties about the global economy and China's own fiscal policy response.
When Lehman Brothers declared bankruptcy in September 2008, investors rushed to buy gold. When the eurozone crisis erupted in 2010, they bought more.' But this year the buying has fizzled out, reports the Financial Times.
I sympathize with the Germans. This is not because I agree with their prevailing view of how the crisis occurred or what to do about it. I sympathize because the German elite were the ones who understood what creating the euro implied. They realized that a currency union could not work without a political union. The FT reports.
Analysts say China stocks can only extend gains on Wednesday if volume can increase to match.
Banks are braced for a fresh attack on their profit margins, if Moody’s presses ahead shortly with plans to downgrade short-term funding ratings sectorwide. The FT reports.
China stocks are expected to be rangebound on Tuesday. The Shanghai Composite nudged up 0.16 percent to end at 2348.3 on Monday, trading was thin.
The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland.
The Institute of Directors has endorsed a radical proposal that recommends replacing part of the UK tax system with a single income tax rate of 30 percent and reducing the government’s share of the national economy to one-third, the Financial Times reports.
Vince Cable, business secretary, has vowed to resist “bonkers” proposals to allow bosses to fire underperforming staff at will, as coalition tensions flared over a Number 10-inspired report on cutting jobs red tape. The FT reports.
China stocks are expected to weaken further after losing 2.1 percent last week.
Imagine for a minute that you are sitting on a $360 billion-odd pot of cash. Somehow you have to stash that money in an incredibly safe place, but also produce some returns. So where do you put it? The FT reports.
If Greece goes: An exit is likely to shatter faith in the eurozone’s integrity for ever. The Financial Times reports.
China stocks are expected to trade sideways after yesterday's rebound.
Despite the prevalence of algorithmic trading, some traders are making a tidy profit getting the better of those systems, which can make costly mistakes if they are not set up correctly or if their trading patterns can be understood, the FT reports.
David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union.
The European Central Bank has reacted to uncertainty over Greece’s future in the eurozone by excluding four of the country’s banks from its regular liquidity providing operations.
Does the recent selloff in gold mark the proverbial beginning of the end for bullion? The jury is still out, but for now, markets are treating the yellow metal as though it is a risk asset but if things get bad enough, it will become one that stores value, analysts say.
China stocks are due for a technical rebound after sliding for four days but global uncertainties and slowdown worries may keep gains limited.
Shareholders in Europe’s listed companies will be given a binding vote on pay while those who invest in banks will gain powers to set a cap on bonus levels, under plans being drawn up by senior EU officials. The FT reports.
China stocks are likely to trade sideways after a three-day losing streak.