THE TIPSTER September 1, 2010 TECH stocks struggled towards the end of last month. China’s weaker growth, including the announcement that it will be drastically reducing its output of rare earth metals, suggests that the future could be fairly bumpy for the sector. Apple’s share price rose immediately following yesterday’s launch event, but with consumer confidence still weak and its [...]
FTSE nears two-month high on US stats and merger chat September 1, 2010 MERGER talk among the travel, telecoms and mining sectors helped Britain’s top shares to their biggest daily gain in almost two months yesterday, as strong manufacturing data from the US and China boosted sentiment. The FTSE 100 closed up 141.19 points, or 2.7 per cent at 5,366.41, its strongest daily performance since 6 July and [...]
Wall St surges as confidence picks up September 1, 2010 WALL Street posted its best day in eight weeks yesterday as investor mood brightened after better-than-expected factory data from the United States and China. Investors jumped on stocks across the market, with more than six shares rising for every one that fell on the New York Stock Exchange, while on the Nasdaq, nearly five stocks [...]
Why you need the Windows generation September 1, 2010 THOUSANDS of young people are deciding to skip university and plunge straight into the world of work, while the job market has been flooded with recent graduates desperate for their first job to start paying off those massive tuition fees. As an employer, you might think that this is fantastic news. Cheap, keen people are [...]
The secrets of leadership from the savannah September 1, 2010 BY MARK VAN VUGT & ANJANA AHUJA PROFILE BOOKS, £12.99 IT’S refreshing in a genre filled with pseudo-science and sweeping, half-baked generalisations to come across something that makes a genuine stab at being reasoned. Selected – written by a professor of psychology and a former Times science writer – is head and shoulders above most [...]
FTSE gains ground as mining shares are lifted by US data August 31, 2010 BRITAIN’S top shares closed up yesterday as miners gained on firmer US economic data which eased investor anxiety on the global economic recovery, while ARM Holdings jumped on renewed takeover talk. The FTSE 100 gained 23.66 points, or 0.5 per cent at 5,225.22, adding to the 0.9 per cent gain on Friday, as UK traders [...]
Wall St choppy as tech shares decline August 31, 2010 US stocks ended little changed in choppy trading yesterday, closing out an August the bulls would like to forget. Positive data surprises sustained a rally for most of the session, but declines in technology shares capped overall gains. The S&P 500 bounced off the key technical level of 1,040 for the third time in the [...]
Indian elephant offers the investor steady success August 31, 2010 ANALYSTS comparing the prospects for the world’s two most populous countries often evoke an Asian version of Aesop’s famous fable of the tortoise and the hare – the elephant and the tiger. The elephant makes slow and steady progress to reach its goal while the tiger bounds forward more quickly and more powerfully, but risks [...]
The drawbacks of defined contribution pensions August 31, 2010 IT HAS been a rocky couple of years for pension funds. Some high profile defined benefit plans, such as those of BT and British Airways, have suffered badly since the on-set of the financial crisis. But the problems that have hit defined contribution (DC) plans have not made the same waves in the media. The [...]
FUND MANAGEMENT NEWS August 31, 2010 NORTHERN TRUST OPENS DOOR TO CHINA Asset manager Northern Trust announced that it has been granted permission to open a branch office in Beijing. The new office plans to support institutional clients in China with global custody, accounting, compliance and performance management services. The firm has offered services to clients in China since 2005 through [...]