Thursday, 26 Nov 2009 | Source: CNBC staff and wire reports
Japan's Nikkei average is likely to fall broadly on Friday after debt problems in Dubai hit financial markets, dragging European shares down to their worst daily loss in seven months.
Lloyds Banking Group investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis.
China's ballooning stock market bubble, fuelled by excessive liquidity, is likely to burst in the first half of 2010, punctured by economic concerns arising from higher-than-expected inflation, Morgan Stanley Asia Executive Director Jerry Lou said on Thursday.
Global stocks were lower on Thursday, with China's Shanghai Composite closing 3.6 percent lower, while gold hit another new record to $1,194.90 an ounce, as Debt problems in Dubai curbed investors' risk appetite.
Banks must disclose how much they pay top employees, a UK government sponsored report recommended on Thursday in a bid to quell public anger over "bonuses as usual" in a sector shored up by taxpayer bailouts.
Thursday, 26 Nov 2009 | Posted By:
Lisa Auret | Source: CNBC.com
Social enterprises — companies which hope to have a social impact and at the same time make a profit — are becoming a new asset class for pioneer investors who are more ethically-minded, especially after the financial crisis.
Thursday, 26 Nov 2009 | Source: CNBC staff and wire reports
Asia's major stock indexes finished lower across the board in a volatile, holiday-thin session Thursday, despite Wall Street posting modest gains overnight.
Stocks posted modest gains Wednesday, but it was enough to propel the Dow and S&P to new 13-month closing highs, as economic data buoyed recovery hopes.
British scientists say a perfect combination of testosterone, experience and a hunger for a share of profits can produce financial traders who consistently outperform the market — even during a crisis.
Greek bank shares fell as much as 7.0 percent on Wednesday, adding to earlier losses and underperforming the broader Greek market, on funding concerns after central bank comments on Tuesday.
On a short holiday week where the Dow started off at a new 2009 high before losing ground Friday on concerns over Dubai's debt standing, the markets managed a mixed to flat performance for the week.... Read More
Considering market declines could have been much worse on Friday, is Dubai only a blip on the radar? Or, is it the first ripple of a larger crisis?... Read More
As global markets digest Dubai's debt announcement, investors are wondering: Is it time to dump equities? Don Bertrand, vice president of WealthTrust-Arizona, and Kelly Campbell, founder and principal of Campbell Wealth Management, offered their takes on the shifting market environment.... Read More