THE LONDON REPORT September 28, 2009 BRITAIN’S leading stock index closed 1.6 per cent higher yesterday, with heavyweight banks, miners and energy stocks reversing early losses, helped by a strong opening for the US market. The FTSE 100 rose 83.5 points, or 1.6 per cent, to close at 5,165.70, after rising 0.1 per cent on Friday. “It wasn’t until the US [...]
THE LONDON REPORT September 28, 2009 BRITAIN’S leading stock index closed 1.6 per cent higher yesterday, with heavyweight banks, miners and energy stocks reversing early losses, helped by a strong opening for the US market. The FTSE 100 rose 83.5 points, or 1.6 per cent, to close at 5,165.70, after rising 0.1 per cent on Friday. “It wasn’t until the US [...]
Brown expels Iranian diplomats June 23, 2009 Prime Minister Gordon Brown expelled two Iranian diplomats from the UK yesterday, after Iran forced two British diplomats to leave. President Obama broke his silence, criticising Iran and denouncing the regime’s “threats, beatings and imprisonments”.
NOW SHOWING SIX OF THE BEST July 2, 2009 THEATRE: Avenue Q Riotous and rude, the hugely popular puppetry show has found a new home at the Gielgud Theatre. ART: JW Waterhouse As well as its Summer Exhibition, the Royal Academy is showing a retrospective of the leading Pre-Raphaelite, full of maidens, myths and Victorian whimsy. FILM: Gangsters at the BFI To coincide with [...]
Markets mustn’t ignore geopolitical risk May 25, 2009 FOR most investors, consumers and employees around the world, the only public policy debate that really matters is how to deal with the recession – understandably so, given the devastation it has already wreaked. In Britain, we are also seeking to rescue democracy from corrupt politicians. Yet while there is plenty to worry about at [...]
China offers $10bn loan to its key allies June 16, 2009 CHINA will offer a $10bn (£6bn) credit loan to Russia and other key allies to help them through the financial crisis, Chinese President Hu Jintao said yesterday. Speaking at a summit in the Russian city of Yekaterinburg, Jintao said China would provide monetary aid to Russia, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, who are all members [...]
China offers $10bn loan to its key allies June 16, 2009 CHINA will offer a $10bn (£6bn) credit loan to Russia and other key allies to help them through the financial crisis, Chinese President Hu Jintao said yesterday. Speaking at a summit in the Russian city of Yekaterinburg, Jintao said China would provide monetary aid to Russia, Kazakhstan, Uzbekistan, Tajikistan and Kyrgyzstan, who are all members [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 11, 2009 FINANCIAL TIMES GAZPROM IN IRAN PIPELINE TALKSGazprom is in talks with Iran and Pakistan to build a large section of a long-awaited gas pipeline between the two countries, a senior Iranian energy official says. The participation of Russia’s state-controlled energy group could kick-start the pipeline project, which has been delayed because of disagreements that have [...]
Keep an eye on geopolitics: it matters to the forex markets May 26, 2009 OPPORTUNISTIC currency traders have always been quick to price in oil price spikes, non-standard monetary policies and signs of green shoots, sending currencies up and down depending on the level of risk aversion in the markets. Risk appetite, or the lack of it, has been a major driver of currency movements since the start of [...]
Keep an eye on geopolitics: it matters to the forex markets May 26, 2009 OPPORTUNISTIC currency traders have always been quick to price in oil price spikes, non-standard monetary policies and signs of green shoots, sending currencies up and down depending on the level of risk aversion in the markets. Risk appetite, or the lack of it, has been a major driver of currency movements since the start of [...]