Wall Street rally takes a breather September 29, 2010 WALL Street paused yesterday following a month-long rally, with investors bracing for higher volatility going forward as the best quarter in a year nears its end. The Dow Jones industrial average shed 22.86 points, or 0.21 per cent, to 10,835.28. The Standard & Poor’s 500 Index dipped 2.97 points, or 0.26 per cent, to 1,144.73. [...]
Tap into Asian growth with Far East ETFs September 29, 2010 WHETHER you subscribe to the belief that the 21st century belongs to China or not, there is no doubt that it certainly belongs to emerging markets and particularly to those in the Far East. The story is a familiar one: these countries have transformed themselves from rural backwaters to the new hub of the global [...]
Gold: now the world’s hottest fiat commodity September 29, 2010 GOLD just keeps going up. And the ways in which investors can buy it are becoming increasingly varied. This week, Deutsche Borse Commodities launched a new form of exchange-traded security that is essentially a certificate of ownership for a chunk of allocated gold. In a signal of how much demand they expect, the firm has [...]
ETFs: how to sort the wheat from the chaff September 29, 2010 INNOVATION is not always a good thing, or at least, that is what David Norman of TCF Investment says about the boom in exchange traded funds (ETFs): “There’s been a big rush to launch products: a lot of innovation, not all of it is good. Say you want exposure to a certain emerging market, for [...]
THE TIPSTER September 29, 2010 GOLD has continued to rally strongly. With increased uncertainty ahead of companies’ October quarterly figures and the current weakness in the US dollar, we could still see further upside in the precious metal. If it dips down to $1,305, it might well be worth picking up some long positions with a view to closing the [...]
LISTED PRODUCT NEWS September 29, 2010 HEDGE FUNDS TO CREATE MORE ETFS BlackRock anticipates that the global exchange-traded fund (ETF) market will grow by 20-30 per cent in 2010. In particular, in its August ETF Landscape report, BlackRock says it expects to see more hedge funds looking to create ETFs, with their own funds as the underlying exposure, in an effort [...]
Ten tips for increasing your efficiency September 29, 2010 1. DO THE NASTY JOBS FIRST Start your day with the tasks that are usually at the bottom of your list, says Anne Watson, author of How to Succeed with NLP: Go from Good to Great at Work. “Usually these will be jobs that someone else wants you to do and that person is probably [...]
ASK THE GURUS September 29, 2010 Negotiating can be tricky. Sometimes the nuclear option seems like the only weapon left, and Michael Geoghegan was recently reported by some to have threatened to leave HSBC unless he was made chief executive (something that the bank denies), though he didn’t get the job and is now leaving. But might threats be the way [...]
Reacher’s next deadly thrill September 29, 2010 WORTH DYING FOR BY LEE CHILD Bantam, £17.99 **** by Zoe Strimpel AT THE end of Child’s previous novel, 61 Hours, maverick man-with-gun Jack Reacher was trapped in a desperate situation from which escape seemed impossible – even for him. But, just like Lisbeth Salander, Stieg Larsson’s super violent super-genius, Reacher always finds a way. [...]
I’ve found out something I shouldn’t know September 29, 2010 SOLVING YOUR WORK-LIFE PROBLEMS I’m paranoid about my husband’s relationships with other women. So I check his phone and Facebook when he’s in the shower, look for suspect messages from women. The other day I found one; a colleague had written something flirty about an office party. Should I confront him? Colleen, 32, private wealth [...]