What you need to know before the open April 10, 2014 Not much in the way of surprises from last night’s Fed meeting minutes. It seems officials are not in any hurry to raise rates, and markets rebounded on the news. The sell-off seen earlier in the week, though, seems to have been because of worries over pricey valuations, rather than rates concerns. According to the [...]
Why aspiring entrepreneurs shouldn’t dismiss the MBA April 10, 2014 Entrepreneurship has become a wildly popular MBA specialisation. But the degree alone is not a guarantee of success THE VALUE of an MBA for a career in entrepreneurship remains hotly contested. On the one hand, plenty of successful entrepreneurs obviously don’t have MBAs. Programmes cost in the region of £50,000 a year – and one [...]
Asian markets shrug off poor Chinese exports April 10, 2014 Asian markets have tempered their earlier optimism as China's latest trade data showed imports and exports under-performing market expectations. In March, export growth came in at -6.6 per cent, significantly weaker than Bloomberg's median forecast of 4.8 per cent. However, markets were reassured that the poor figures were partly attributable to distortions caused by over-invoicing [...]
Fed’s minutes play down fear over rate rises April 9, 2014 SENIOR officials at the US Federal Reserve have eased the concerns of investors over its future monetary policy, with last night’s minutes of its March meeting helping to boost shares across the pond. The minutes revealed that Fed officials had worried that traders might overreact to mapped forecasts that suggested interest rates could be 2.25 [...]
New York Report: Dovish Federal Reserve tone boosts shares April 9, 2014 US STOCKS rallied yesterday after minutes from the Federal Reserve’s latest policy meeting showed a more supportive stance than investors had previously expected. All three major US stock indexes ended up more than one per cent, with eight of the 10 S&P 500 sector indexes closing higher. Internet and biotech stocks were among the day’s [...]
Why aspiring entrepreneurs shouldn’t dismiss the MBA April 9, 2014 Entrepreneurship has become a wildly popular MBA specialisation. But the degree alone is not a guarantee of success THE VALUE of an MBA for a career in entrepreneurship remains hotly contested. On the one hand, plenty of successful entrepreneurs obviously don’t have MBAs. Programmes cost in the region of £50,000 a year – and one [...]
What you need to know before the open April 9, 2014 Something of a mixed open expected for European markets today, with the Fed’s open market committee minutes out later on. They could shed some more light on the decision to lose the 6.5 per cent guidance threshold on unemployment. The US saw a positive session yesterday, but there's still worry over how things will pan [...]
US banks forced to hold $68bn in extra capital April 8, 2014 THE BIGGEST banks in America are to be forced to hold billions of dollars of extra capital, after regulators introduced a tough new leverage ratio last night. The Federal Reserve has issued new rules which dictate the banks must lift the percentage of equity to total assets they hold to five per cent, higher than [...]
Mix it up: Take some time to consider the ryes and the wherefores April 8, 2014 @philip_salter WE LIVE in an age obsessed with what we eat. We want to know it all – down to whether the dead animal on our plate had an emotionally fulfilling life; if her parents were of good stock; and whether she suffered from dandruff. Yet many of us throw back alcohol without even knowing [...]
What you need to know before the US open April 8, 2014 US stocks futures suggest a lower open for markets today, following the sharp sell-off seen yesterday and other global equities trading in the red today. The S&P 500 has been in negative territory for three days in a row; today would be the fourth. It’s also the start of earnings season in the US, with [...]