Stocks set to stage a mild bounce August 22, 2010 THE FTSE 100 index closed at its lowest level since July 20 on Friday, but the early call from GFT is for bargain hunters to step in and lift the index back above the 5,200 level this morning. RETURNING BUYERS WILL FEEL PRESSURE GFT is quoting the FTSE to open up 13 points from Friday’s [...]
AUSTRALIAN MARKETS August 22, 2010 THE Australian dollar fell one per cent and bonds eased in early trade this morning after an inconclusive election appeared to have delivered investors’ worst fears — a minority government with power thrust on a handful of independent MPs. With neither of the major parties winning an overall majority in Saturday’s election to form a [...]
FTSE falls to lowest level in a month on US jobless figures August 19, 2010 BRITAIN’S top share index fell to its lowest close in a month yesterday, as weak US labour and other data cast further doubt on the strength of the global recovery and as oil stocks fell on lower crude prices. The FTSE 100 fell 91.58 points, or 1.7 per cent, to 5,211.29 points, the lowest close [...]
Wall St slips on fear growth has stalled August 19, 2010 US stocks plummeted to their lowest close in nearly a month yesterday as the latest batch of data amplified concerns the economy is stuck in neutral. The selloff was broad, with five stocks falling for every one rising on the New York Stock Exchange. Sectors most sensitive to growth were hit hardest. Manufacturers 3M, United [...]
The female art of planning August 19, 2010 BOOKSHOP shelves are overflowing with self-help guides, aimed almost exclusively at women. And sitting alongside the dating and diet manuals are copies of Savvy Investing for Women, Money Matters for Women: Getting it, Investing it and Enjoying it and A Man Is Not a Financial Plan: Investing for Wealth and Independence. This might, at first, [...]
A global approach to managing your wealth August 19, 2010 GOOD wealth management requires a holistic approach to your finances that coordinates everything from private banking to investments and even planning for retirement, ill-health and your children’s education. For expatriates, who may be constantly relocating, this is just as important and can be even more difficult to achieve. You don’t want to end up with [...]
PERSONAL FINANCE NEWS August 19, 2010 LOYALTY DOESN’T ALWAYS PAY Shopping around for a cheaper quote for your car insurance really does pay off, according to research from Which?, the independent product-testing and consumer campaigning champion. It surveyed nearly 2,500 consumers and found that more than a third accepted their original car insurers’ renewal quotes because they “couldn’t be bothered to [...]
The doctor’s ticket to success August 19, 2010 FOR a business venture to get off the ground, it needs to fill a gap in the market. Robin Wells’ latest venture mytrainticket.co.uk has found more of a gulf than a gap. The serial entrepreneur/angel investor came across the business opportunity – a rail version of air travel ticket booking sites – 18 months ago. [...]
A wave of change for accounting rules August 19, 2010 CHANGE tends to be resisted, especially if it will cost people money. This explains the frosty reception given to news that US and international accounting standard bodies are proposing to change the ways that firms account for leases. The new rules will mean that leases have to be recorded on a firm’s balance sheet; currently [...]
BRANDING August 19, 2010 Q. I am starting a new company and need to think about branding. Is there a way I can do it while keeping costs to a minimum? A.The first thing to do is decide if you have the skills to do it yourself. The main components of a brand are visual: for example, the website, [...]