Apple and Fed combine to boost equities April 25, 2012 US stocks rallied yesterday, with Apple’s surge giving the Nasdaq its biggest gain of the year, while the Fed chairman reassured markets that the central bank would do more if necessary to lift the economy. Apple fueled optimism that the current earnings season would be much stronger than expected, generating gains across all market sectors. [...]
Commodities may deliver the goods April 25, 2012 The market dynamics that have been driving the commodity markets for the last 18 months remain in place LAST year, the commodity markets were dominated by the seemingly irrepressible rise of gold – with $5,000 an ounce figures being bandied around as potential targets for the yellow metal. That was before margin calls and a [...]
Lawyers must plan carefully before packing their bags April 25, 2012 ASURVEY by Laurence Simons, the legal recruiters, recently found that 67 per cent of lawyers would consider relocating abroad as their next career move. Reasons included a tightened job market in London and a perception that practising law in emerging markets, in Dubai, in Russia or Australia would prove lucrative, both monetarily and for future [...]
JOBS of the WEEK April 25, 2012 REAL ESTATE LAWYER HONG KONG HK$940k-HK$1.4m pa A leading US law firm is looking to hire a highlytalented lawyer to its real estate practice in Hong Kong. Candidates must have experience in property from a highly-regarded law firm. http://www.cityamcareers.com/job/7325 HEAD OF VALUATIONS CENTRAL LONDON £100k-£150k pa, plus benefits A top 10 practice in central London [...]
Chartered Financial Analysts open doors April 25, 2012 DANIEL MURRAY EFG ASSET MANAGEMENT DR DANIEL Murray, global head of research at EFG Asset Management, decided to undertake the chartered financial analyst (CFA) qualification when he realised that, although very well-qualified academically, he “wasn’t always speaking the same language as other people. There were some holes in my knowledge, so my reasons were educational,” [...]
BERWIN LEIGHTON PAISNER – ADAM ROSE, PARTNER April 25, 2012 BUSINESS and employees need to remember that what they say online in any format carries at least the same risks as what they say in the real world of letters and circulars. Employers in a regulated environment, such as financial services businesses, will be recording everything that is said in instant messages, emails and calls, [...]
Digital: Do it right or don’t do it at all April 25, 2012 IF you’re reading this paper I’m going to make two assumptions. First that you understand business and second that, at some point, you’ve had someone approach you in a panic saying that you must be on social media or your entire business will collapse. The truth is, smart businesses have long since surpassed the novelty [...]
FTSE recovers from Euro rout April 24, 2012 BRITAIN’S blue-chip shares rose yesterday, rebounding from a Europe-wide rout the previous day and helped by better-than-expected US housing data which boosted global risk appetite. The FTSE 100 index rose in tandem with US stocks following the release of US new home sales data, which dropped to four-month lows but came in above analysts’ expectations. [...]
Stocks rise on Dow and S&P April 24, 2012 THE Dow and the S&P 500 rose yesterday after strong earnings and upbeat outlooks from big manufacturers including 3M, but Apple’s slide ahead of its results drove the Nasdaq down. Shares of Apple, however, reversed course after the bell when the iPad maker reported quarterly revenue that handily beat Wall Street’s estimates. Apple’s stock jumped [...]
Dutch resignation does nothing to alleviate euro uncertainty April 24, 2012 AFTER Queen Beatrice yesterday accepted the resignation of Dutch Prime Minister Mark Rutte’s cabinet, is Holland about to be booted from the club of “core” Eurozone nations? The successful auction of €1.995bn of two and 25-year debt signalled that the answer to this is probably no, but the fall of Holland’s ruling party following its [...]
