Stocks across the pond advance on Eurozone hope September 13, 2011 US stocks. gained yesterday as investors bought shares beaten down in recent weeks and bet European leaders would take action soon to ease the Greek debt crisis. Worries the Eurozone crisis could tip the global economy into another recession have pummeled stocks, though the selling has reached a level that some argue a Greek default [...]
Integrating reporting could complete the vast jigsaw of business reviews September 13, 2011 HEAD OF ACCA UK THE annual review, the management commentary, the chairman’s review, year-on-year summaries, the corporate social responsibility (CSR) report, the operating and financial review… we could easily go on. Today’s big businesses produce an eye-watering number of corporate reports at the end of each financial year. The whole package contains hundreds of pages [...]
EU ministers fail to address euro’s flaws September 13, 2011 SUCH is the precariousness of the Eurozone project that every bit of hearsay sends the currency markets scrambling. Yesterday afternoon, the word was that we would see a reappearance of Merkozy – the Euro-Frankenstein merger of German Chancellor Angela Merkel and French premier Nicholas Sarkozy that first had life breathed into it at an emergency [...]
COMMODITY DOLLARS MAY SEE PARITY September 13, 2011 FOR most of this year the strength of the commodity dollars has been one of the most consistent trends in the currency market. Both the Australian and the Canadian dollars spent the better part of 2011 trading above parity to the greenback, and as a result New York has been flooded with Australian tourists all [...]
THE TIPSTER September 13, 2011 THE last time the euro was trading at these levels against the yen was in June 2001 and it appears that traders see the Japanese currency as the strongest safe haven in the midst of the Eurozone debt crisis. This is down to Japan’s current account surplus, which means it doesn’t have to rely so [...]
FOREX ANALYST PICKS September 13, 2011 FOREX STRATEGIST JOHN KICKLIGHTER My pick: Long dollar-yen above ¥77.75 Expertise: Fundamental analysis with risk management Average time frame of trades: 1 day to 1 week Conditions are not very favourable for intermediate swings for either euro or dollar-based pairs. For the euro, the progress of the region’s crisis is a constant battle between market [...]
The roadster that’s streets ahead September 13, 2011 ZOOM-Zoom says the man from Mazda, brrm-brrm says my daughter from the passenger seat (airbag switched off, of course). The marketing man from Mazda will be delighted. Job done. That Mazda’s MX-5 is great fun to drive is well documented. It’s fair to say that for the money there really isn’t another roadster that gets [...]
CAR TALK September 13, 2011 AUDI’S NEW A2: FIRST IMAGES These are the first official images of Audi’s new A2 model. This concept is a lightweight, plug-in electric four-seater with a 9.3-second, 0-62mph time and a top speed of 93mph. Audi claims a 124-mile range on a four hour charge. Most interesting, though, are the LED lights running down the [...]
Look East to the new destination for pilgrims who shop September 13, 2011 BORIS Johnson reached for the cultural high notes at the opening of Westfield Stratford City: boasting that the new shopping centre would trigger regeneration not seen in East London since the Middle Ages, he quoted Chaucer’s Canterbury Tales, in which Madam Eglantine the Prioress spoke French “after the school of Stratford-at-Bow, for French of Paris [...]
Stratford is a smooth retail experience September 13, 2011 I GREW up in a suburb of Boston, USA, where the only places to shop were malls. Despite America’s reputation as a shopping paradise, these were terribly dreary places, department store complexes off highways. Sure, you could pick up a washing machine, get your ears pierced, eat a Cinnabon and buy a sixpack of white [...]
