Economic shocks sent FTSE back below the 6,000 mark June 1, 2011 BRITAIN’S top share index dropped back yesterday as below-par US economic pointers and weak UK manufacturing and housing data intensified investor concerns about the strength of the global economy. At the close, the FTSE 100 index was down 61.38 points, or one per cent, at 5,928.61, reversing sharply in the afternoon after briefly pushing back [...]
Wall Street sell-off on recovery fears June 1, 2011 WALL Street ended a four-day rally with its worst session since August yesterday and could suffer more losses in coming days as investors faced more signs the economic recovery is fading. All 10 Standard & Poor’s sectors ended more than one per cent lower and all 30 stocks in the Dow industrials fell. Banks were [...]
Demographic trends set to lead to boom in healthcare June 1, 2011 INVESTORS have been profiting from a healthcare revolution sweeping the globe, which still has a long way to run. Stephen Barber of Selftrade notes two global demographic changes set to increase demand for healthcare: “The ageing population and the growth of the middle classes in the emerging world, led by China and India.” Across the [...]
The presentation guru gives his top five tips for visual communication June 1, 2011 LOVE or hate giving PowerPoint presentations, they are a fact of office life for most of us. And often being good at it distinguishes you from your colleagues. To help you along, we’ve selected five of the most useful tips from Dave Paradi’s book: 102 Tips to Communicate More Effectively on PowerPoint. 1. Tell a [...]
REVEALED: HOW RICHARD DESMOND FIRST DRUMMED UP NEW BUSINESS June 1, 2011 EVERYONE has to start somewhere. Even Richard Desmond, the media baron with a personal fortune of £950m who bought Channel Five last July with some spare change he found down the back of his sofa. Desmond started on the road to founding his media empire early – aged 13, in fact, when he took his [...]
Allowing the securitisation sector revival to flourish June 1, 2011 AS the US and European financial sectors continue to collectively dust themselves off after the financial crash of 2008, it is clear that securitisation is vital for market stability and for economic growth – allowing for more efficient use of capital, higher liquidity and more stable risk management. According to the Bank for International Settlements, [...]
TRUST IS MOVING FORWARD FOR ASSET BACKED SECURITIES June 1, 2011 FOLLOWING the onset of the financial crisis in 2008 – and the resulting loss of confidence in the performance of Asset Backed Securities (ABS) – distressed or forced sales led to depressed valuations. Yet the assets themselves suffered few actual defaults – in fact mostly performing as expected. It was the forced selling, or the [...]
Tough capital requirements from Basel III June 1, 2011 LAST year, the Bank for International Settlements (BIS) announced new, stricter regulatory capital requirements for banks. This proclamation marked the adoption of several revisions to the regulatory capital framework – collectively known as Basel III – that the Basel Committee on Banking Supervision (BCBS) had previously proposed to address some of the main issues that [...]
Take a trip into PowerPoint hell: slides you dread to see June 1, 2011 DID you know that PowerPoint presentations can be a matter of life and death? Yale professor and visual communication expert Edward Tufte believes it is. Nasa’s use of the technology, he claims, led to the Space Shuttle Columbia disaster in 2003 that killed seven astronauts. Vital information got lost in the blur of slides, arrows [...]
How to triple your chances of winning the job June 1, 2011 TODAY’S job market is one of the most competitive we’ve ever seen. Good job opportunities attract literally hundreds of online applications. Often every one of these lists the same high levels of skills and qualifications. Just how can you stand out and win the job you want in this context? Especially when it is clear [...]