London Report: Aberdeen drags down FTSE as downgrade hits September 18, 2013 THE UK’S top share index was led lower by Aberdeen Asset Management yesterday but stayed in the tight trading range set over the previous week as many traders opted to wait for a steer on US monetary policy. The blue-chip FTSE 100 closed down 0.2 per cent, or 11.35 points, at 6,558.82 points – towards [...]
New York Report: Fed’s surprise drives Wall St to record highs September 18, 2013 US stocks rallied to record highs yesterday after the Federal Reserve, in a surprise to markets, decided against scaling back a stimulus programme that has helped fuel Wall Street’s rally of more than 20 per cent this year. Stocks were lower before the announcement, but after the Fed announced it would continue buying bonds at [...]
A future of statist confusion underlies Clegg’s pitch for permanent coalition September 18, 2013 NICK Clegg appears to have settled on a new strategy for the Lib Dems. Put unkindly, his aim seems to be to bore the electorate into submission. In fact, in many ways, his speech to the party faithful in Glasgow yesterday was a throwback to the rhetoric of the SDP-Liberal Alliance of the 1980s. He’s [...]
Against the Grain: Why cutting-edge China could leapfrog the West in the service economy September 18, 2013 IN THE whole of the twentieth century, only a few countries managed to transform themselves and join the club of rich economies. Japan is the most prominent example. The key question for the first half of the twenty-first century, however, is whether China will manage to do the same. It is a difficult and elusive [...]
It’s time we put some X Factor into financial education in schools September 18, 2013 I DO not often cross paths with Gary Barlow, Nicole Scherzinger or Sharon Osbourne. I am told we move in different circles. This seemingly unusual point was brought home to me by new research showing that an 8 to 15-year old was twice as likely to be able to identify an X Factor judge as [...]
Letters to the editor -19/09 – Globalisation, Actuarial methods, Best of Twitter September 18, 2013 Globalisation [Re: Anti-globalisation campaigners got it wrong: Trade is defeating poverty, yesterday] Contrary to Douglas McWilliams’s claim, Christian Aid has never suggested that trade per se, or globalisation for that matter, is bad. What we have pointed to, and will continue to highlight, are injustices that keep people poor. Tax injustice is a case in [...]
Review: Splinter Cell Blacklist September 18, 2013 The latest installment in the long-running franchise reminds Steve Dinneen of his lost youth GAME Xbox 360, PS3, Wii U, PC Four stars WHEN I was a student I didn’t just play Splinter Cell; I made an art form of it. My flatmate and I completed the entire game in co-op mode without being spotted [...]
iOS7: Need to know September 18, 2013 LAST week, the world was abuzz with the unveiling of Apple’s iPhone 5S and 5C.If you’ve been sitting in a queue for one since Monday, you’ll know that the new models – out tomorrow – come preloaded with Apple’s newest mobile operating system iOS7.If you’ve been sitting on your sofa with a cup of tea [...]
App, app and away: the best going out apps September 18, 2013 Barchick barchick.com The logo may not suggest this is the most sophisticated app in the world but it’s actually pretty comprehensive. Those barchicks certainly get around. The search tool asks you to sort by area, then by what kind of boozer you’re after (options include “killer cocktails”, music, gay & lesbian and people watching, among [...]
Champions League: Blues beaten as Mourinho cites squad’s immaturity September 18, 2013 CHELSEA 1 FC BASEL 2 CHELSEA manager Jose Mourinho blamed mental weakness for his team’s indifferent start to the season, which continued with a shock home defeat to Basel in the Champions League last night. Playmaker Oscar gave the Blues the lead on the stroke of half-time, but second-half goals from Mohamed Salah and Marco [...]