The Brics start to look wobbly as emerging market growth slows June 17, 2012 AS INDIA looks set to lose its investment grade rating, are the Bric nations starting to tumble? The last ten years have seen investors flocking to the vaunted opportunities available in the markets of the Bric grouping of Brazil, Russia, India and China. Over that time, Bric indices have almost quadrupled their gains and their [...]
Is it time for investors to return their focus to the West? June 17, 2012 YES KULLY SAMRA In the aftermath of the financial crisis there is no doubt that Bric countries became a popular choice to diversify investment portfolios. However, the shockwaves from the deepening Eurozone crisis has led some emerging markets stock indices to experience sharp falls since the beginning of March, whereas US markets have remained more [...]
Spanish worry keeps FTSE low June 14, 2012 BRITISH blue chips dipped yesterday, edging down towards recent six-month lows as a surge in Spanish bond yields to record highs cast the spotlight back onto the problems in top trading partner the Eurozone. Uncertainty ahead of Greek elections at the weekend – which may decide whether the country stays in the currency or opts [...]
Central banks pledge aids US June 14, 2012 US stocks jumped yesterday following the news major central banks are preparing coordinated action if the results of Greek elections this weekend lead to turmoil in financial markets. Energy was the top-gaining S&P sector, rising 1.7 per cent, helped by a two per cent rise in US crude oil prices. Chevron was a top boost [...]
Gold mining firms push FTSE higher despite fears over Spain and Greece June 13, 2012 BRITAIN’S benchmark share index closed higher yesterday as gains in heavyweight gold-mining companies enabled the market to outperform rival European bourses, which fell on persistent worries over the Greek and Spanish debt crises. The blue-chip FTSE 100 index ended up 10.07 points, or 0.2 per cent, at 5,483.81 points. However, trading volumes remained relatively thin [...]
Eurozone woes drive US stocks down again June 13, 2012 WALL Street ended lower yesterday as fears ahead of the weekend elections in Greece finally drove down a market that had been treading water through most of the day. Up to €800m has been pulled out of Greek banks daily ahead of the cliffhanger election on Sunday, which many fear will result in Greece leaving [...]
Five top hints to solve your fears of networking failure June 13, 2012 NETWORKING sounds like hell – awkward conversations over virgin cocktails, angling around a room full of obvious sociopaths, the neurosis that your personal pitch may fall desperately flat. But we’re told that networking is increasingly important. People prefer doing business with those they know and like, it’s easier to ask favours of people you’ve met [...]
JOBS of the WEEK June 13, 2012 PHYSICAL FUELS TRADER LONDON £150k pa A leading UK energy plant is looking for an entrepreneurial candidate to join its physical trading operations. Applicants must have at least 12 months commercial experience in fuels. http://www.cityamcareers.com/job/15518 OPERATIONAL IMPROVEMENT MANAGER SOUTH EAST £50k-£55k pa A leading financial services firm is looking for applicants with financial or accounting [...]
Jittery FTSE 100 swings to a gain as traders fret over Spain’s prospects June 12, 2012 BRITAIN’S top share index ended higher yesterday after another volatile session, recovering from a fall in the afternoon as Spanish bond yields hit their highest levels of the euro era on worries about the impact of its banking bailout. Initial relief over an aid deal agreed on Saturday for the country’s banks has quickly turned [...]
Bailout buzz is back in the US as stocks rise June 12, 2012 US stocks took their cues from Europe’s troubled debt markets yesterday, staging a comeback rally to end up more than one per cent as Spanish bond yields came off euro-era record highs. Trading has been choppy this week as investors struggle for clarity on whether the €100bn bailout for Spanish banks agreed over the weekend [...]
