Keeping track of your company’s total emissions makes sense on every level June 21, 2011 HEAD OF ACCA UK IT’S fair to say that climate change issues have stormed into the mainstream of political debate over the past couple of decades. David Cameron’s 2006 trip with the huskies and the consequent “vote blue, go green” strapline wouldn’t have been possible without the change in perception of green issues; “climate change” [...]
The new frontier of city driving June 21, 2011 IT used to be the richer the man the bigger and more powerful the car. But now, in case you hadn’t noticed, there is an emerging trend towards expensive and increasingly stylish little city cars. None more so than Aston Martin’s pocket-sized Cygnet which is both very stylish and very exclusive. Aston came up with [...]
CAR TALK June 21, 2011 PARK LANE’S MCLAREN PALACE McLaren’s flagship London showroom has just opened at One Hyde Park. McLaren claims the showroom will stock a spare of every serviceable part for its new MP4-12C high-performance, carbon-fibre-based sports car and provide an efficient “pitstop” service for repairs. McLaren aims to hand-build 1,000 cars this year. FERRARI UK DEBUT Ferrari’s [...]
Looking into the Fed’s crystal ball June 21, 2011 CHARLES SCHWAB LIZ ANN SONDERS We believe monetary policy is largely on hold for the near to medium-term. It’s unlikely the Fed will begin to let its balance sheet shrink; as such, “QE 2.5” – reinvesting proceeds from maturing Treasuries to maintain the level of its balance sheet – would be considered a go once [...]
FOREX ANALYST PICKS June 21, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long sterling-Swissie, short Kiwi-dollar and Swissie-yen Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week Last week’s short euro-dollar setup with a $1.4300 breakout worked out well; but without a $1.4000 break the trend dried up. I’ll keep an eye on this [...]
China makes the very best of neighbours for Australia June 21, 2011 WHILE Australia’s first stock exchange officially opened in Melbourne in 1861, some 10 years after the start of the Gold Rush, the national Australian Stock Exchange was not established until more than 100 years later, in 1987. But ASX Group, current owner of the entity created by the merger of the Australian Stock Exchange and [...]
HKEx: a global IPO hot-spot June 21, 2011 THE Hong Kong Stock Exchange (HKEx) is Asia’s third largest exchange in terms of market capitalisation, after Tokyo and Shanghai. It was first established in 1891, although informal exchanges were taking place in Hong Kong for some thirty years previous to that date. Nowadays, the exchange has become well-known for attracting big international companies – [...]
A HAVEN OF FREE TRADE SHOWS THE WAY TO CHINA’S OPENING MARKETS June 21, 2011 HEAD OF PRODUCT, BARCLAYS STOCKBROKERS THIS week takes us to Asia-Pacific; to Australia, Hong Kong and Singapore. All three offer investors access to China but none more so than Hong Kong. FRAGRANT HARBOUR Hong Kong is Asia’s second largest exchange by market capitalisation and was formed in 1980 by a merger between the Far East [...]
UK manufacturers hit by rising costs June 21, 2011 UK manufacturers have said they faced rising price pressures in June, but order books were better than expected. In the CBI’s latest industrial trends survey, 27 per cent of companies more predicted rising prices than falling ones, up from 24 per cent a month ago. Meanwhile, a slim majority said orders were better than normal, [...]
S&P: Risk of US credit rating cut increased June 21, 2011 The risk of a downgrade to the credit rating of the United States has increased due to a lack of political consensus on how to employ the country’s balance sheet flexibility, Standard and Poors’ said. “Theoretically, there’s a lot of flexibility on the fiscal and the monetary side: you have a central bank that can [...]
