London Report: Ukraine fears prompt return to defensives April 14, 2014 A RISE in food and retail stocks, seen as “defensive” plays with investors worried by tensions in Ukraine, enabled Britain’s top equity index to inch higher yesterday. The blue-chip FTSE 100 index closed up by 0.3 per cent, or 22.06 points, at 6,583.76 points. Trading volumes came in at around 1.1 times above the index’s 3-month [...]
New York Report: Citigroup and retail figures lift US stocks April 14, 2014 US STOCKS closed higher yesterday as Citigroup’s earnings and strong retail sales gave investors reasons to buy equities despite a resurgence of geopolitical uncertainties. Equities opened higher as strong results from Citigroup and bullish retail sales data lifted sentiment, though shares lost ground in the last hour of trading. Both the Nasdaq and the S&P [...]
How the West’s utopians damned Ukraine to Russian dominance April 14, 2014 THERE is little doubt that Ukraine stands perilously on the edge of disaster, if not full invasion, as Russian troops assemble on its borders and pro-Russian activists violently demonstrate in key eastern cities. So why, in response, has the West floundered? There is a critical division between the major western foreign policy schools of thought [...]
Here’s what you need to know about today’s gold price surge April 14, 2014 Demand for the lustrous metal has seen gold prices hit a three week high, with geopolitical risks seeing investors move towards the safe-haven asset. Seen as a hedge against inflation, other metals have also spiked as tensions over Ukraine heat up. Palladium today sees an August 2011 high, as traders worry that US sanctions on [...]
Here’s what you need to know about today’s gold price surge April 14, 2014 Demand for the lustrous metal has seen gold prices hit a three week high, with geopolitical risks seeing investors move towards the safe-haven asset. Seen as a hedge against inflation, other metals have also spiked as tensions over Ukraine heat up. Palladium today sees an August 2011 high, as traders worry that US sanctions on [...]
What you need to know before the open April 14, 2014 Rising tensions in Ukraine are expected to hit European equities this morning. The Ukrainian government has begun a full-scale anti-terrorist operation, following the arrival of pro-Russian forces in several towns in eastern Ukraine. Russia has asked for a dialogue to be initiated, calling for Kiev not to use force. The rouble's currently down almost one [...]
Kiev strikes back in East Ukraine April 14, 2014 THE UKRAINIAN government has launched a full-scale anti-terrorist operation in the country, after pro-Russian forces moved into half a dozen towns in eastern Ukraine. The town of Slaviansk saw a reported gun battle yesterday, with at least one Ukrainian soldier and one pro-Russian fighter killed in the violent clashes. Others were said to have been [...]
Asian markets slide as Ukraine crisis escalates April 14, 2014 Asian markets are experiencing partial retreats after Friday saw sliding shares on Wall Street and tensions escalate in Ukraine over the weekend. On 11 April, JP Morgan posted results significantly below estimates, with net income dropping to $5.3bn (£3.2bn), compared with $6.5bn a year earlier. The biotech sector also struggled, leading the Nasdaq substantially lower. [...]
Trade’s influence on the two Koreas in one dramatic map | City A.M. April 11, 2014 If you had to pick one development of the 20th century that contributed most to human progress, what would it be? Don’t rush to say the internet. While it may have improved communications, its first incarnations offered just marginal improvements over the telegram. If you want to choose something truly remarkable – that has seen [...]
Trade’s influence on the two Koreas in one dramatic map April 11, 2014 If you had to pick one development of the 20th century that contributed most to human progress, what would it be? Don't rush to say the internet. While it may have improved communications, its first incarnations offered just marginal improvements over the telegram. If you want to choose something truly remarkable – that has seen [...]