London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
The buck is poised to claw back losses August 10, 2010 YESTERDAY was like a trip down memory lane with traders across the City gripped by the conclusion of the Federal Reserve’s latest policy meeting. The big news was that the Fed will not engage in more quantitative easing (QE) and instead reinvest the proceeds of securities it already holds on its gigantic $2.3 trillion balance [...]
FOREX ANALYST PICKS August 10, 2010 FOREX STRATEGIST ILYA SPIVAK My pick: Short New Zealand dollar-US dollar, pending market moves Expertise: Global macro, classic technical analysis Average time frame of trades: 1 week-6 months The New Zealand dollar looks to be carving out a double top below the $0.74. Prices are now testing below the lower boundary of a bearish rising [...]
THE TIPSTER August 10, 2010 WITH the pound starting to lose steam on the back of slightly weaker economic data, the recent strength in sterling crosses may well be coming to an end. While the pound looks under threat, look to buy euros around £0.8300 for a move towards £0.8410. Also, look to sell sterling-yen around ¥136.80. CMC Markets’ spread [...]
Investing with a conscience has the potential for long-term rewards August 10, 2010 THE need for responsible investment has never been more relevant in the wake of the BP Deepwater disaster in the Gulf of Mexico and multinational oil companies’ controversial activities in the Canadian tar sands. Responsible investment has traditionally been seen as a domain for militant activists and students whereby stocks that do not meet certain [...]
FUND MANAGEMENT NEWS August 10, 2010 NEW INDIAN DEBT FUND TO LAUNCH ACPI Investments has announced the launch of one of the first Indian bond funds available in Europe. The fund is looking for strong rupee appreciation along with further de-regulation in the corporate sector to boost returns. It plans to invest in securities issued by the Indian government, debt issued [...]
Boutique firms flourish in new legal landscape August 10, 2010 FOR millions of years, dinosaurs ruled the world. They grew ever bigger, hoovering up increasingly massive amounts of the local ecosystem to keep them going. But then there was a cataclysm and the game changed. Resources became more scarce and eventually evolutionary push came to Darwinian shove and they lost out in the battle for [...]
DIVORCING COUPLES FACE DAWN RAIDS August 10, 2010 MISCHON DE REYA IN 177 carefully crafted paragraphs the Court of Appeal has rewritten the rules of engagement in matrimonial finance cases. Previously, spouses seeking divorce were permitted a certain amount of leeway when gathering financial information. Put simply, the courts turned a blind eye to one spouse helping themselves to financial information by rummaging [...]
A car with a very high iQ August 10, 2010 MOST motorists can appreciate that there’s something outrageous about one person commuting to the City in a car designed to carry at least four grown ups in it. Whichever way you look at it, it’s inefficient, even wasteful. Yet so-called City cars can be disappointing. They either don’t have any flexibility so they are just [...]
CAR TALK August 10, 2010 NISSAN’S BRAVE NEW WORLD UK order books for Nissan’s LEAF car open on 1 Sep. The LEAF – which stands for Leading, Environmentally friendly, Affordable, Family car – has a top speed of 87mph and a range of 100 miles and should cost £23,990. The price includes VAT at 20 per cent, as well as [...]
Fed in rescue bid on fears over growth August 10, 2010 THE US Federal Reserve confirmed fears of a marked slowdown in the world’s biggest economy yesterday as it made its first step towards extending its emergency monetary policy regime in a significant policy shift. The central bank said it would reinvest proceeds from its investments in mortgage-backed securities to buy longer-term government debt in a [...]
