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3Vote!

Up the Creek, With a Paddle

Is the global economy beginning to emerge from the depths of recession? There has been good news from several major economies over the last week, creating hope that all the stimulus measures taken by various governments have staved off a prolonged recession, and that the worst might be over.

+Vote!

Wall Street shakes off weak jobs data, ends week with slender gains

Wall Street stocks wobbled before ending with slender gains on Friday as investors shrugged off disappointing US data showing unemployment above 10%, to end a strong week on an upbeat note.

3Vote!

Scary study on how lack of IPOs is harming US economy

A new study proposes sweeping changes in stock market regulations to help drive new IPOs and catch up with Asian markets...

3Vote!

Eastern Germany's Star Companies

After the Berlin Wall fell 20 years ago, the former East Germany's society and economy had to be reimagined. Some enterprises were purchased by Western companies while others scaled back their workforces by tens of thousands. Altogether about 14,000 companies in East Germany were closed or privatized in the five years following German reunification, resulting in the loss of about 4 million jobs.Twenty...

+Vote!

Bullion quest is no golden opportunity

Gold purchases do nothing to change the monstrous growth of reserves in surplus nations, particularly in Asia, which means they also do nothing to address the global macroeconomic imbalances that leaders profess to worry about

4Vote!

An unpopular war

This week marks the lowest point yet in Britain’s Afghan campaign. The true test of leadership is to rally the nation at a moment like this. Somehow, Gordon Brown must find a way to do so

4Vote!

China brands US trade policy “protectionist”

Beijing issues stinging rebuke after Washington slapped anti-dumping duties on $2.6bn of Chinese steel pipe imports.

3Vote!

Asian B-Schools Give U.S. Run for their Money

When Wilson and I weren’t reminiscing about our alma maters [we both went to Queen’s University in Canada and did graduate degrees at the University of California at Berkeley] and how in our day all you needed to do was sharpen your Number 2 pencils and limit your alcohol consumption on the eve of taking the GMAT, we puzzled over some of the more arcane data in the report. For example,...

7Vote!

British Airways gains nearly 7 percent on quarterly report

Most European markets saw gains Friday, although in Paris the CAC-40 ended the session down 0.04 percent to 3,707.29. The FTSE 100 added 0.33 percent to 5,142.72 in London, while the FTSE 250 was up 0.69 percent to 9,082.69 after early declines after new data from the United States showed that the unemployment rte there is [...]

+Vote!

Barcelona climate talks achieve little

Last negotiations ahead of of Copenhagen climate change summit end with many issues unresolved and continuing threat of developing countries walkout

3Vote!

Indian School of Business Tries to Deflect Scandals

Ajit Rangnekar, dean of prestigious ISB, has been working hard to play down the school's associations with recent business scandals

3Vote!

Mid-small sized scrips are flavour of the day

Indian equities markets Friday benefited from a buying momentum, with representative indices for mid-to-small sized scrips performing better than a key benchmark index. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,137.42 points, closed at 16,158.28 points, 0.59 percent or 94.38 points above Thursday’s close at 16,063.9 points. Around the...

3Vote!

Post Session Commentary – Nov 6 2009

The Indian stock market closed in green tracking the firm cues from the global markets. Heavy buying was witnessed during the trading session and the investors’ sentiments was boosted on the back of some favoring data like better than expected jobless claims data in US that recorded at 5,12,000 down 20,000 from the previous week and better than the expected 5,22,000. The continuing claims came...

+Vote!

US unemployment rate hits 10.2%

The US unemployment rate unexpectedly jumped to 10.2 percent in October, breaching the politically sensitive double-digit barrier for the first time in 26-1/2 years, even though the pace of job losses slowed.

3Vote!

Global economy topmost concern for Asia Pacific leaders

SINGAPORE: The global economy will be the topmost concern of Asia Pacific leaders as they gather for meetings in Singapore next week.

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1Vote!

IntegrityFX Daily Intermarket Outlook

IntegrityFX Daily Intermarket Outlook - integrityfx

The USD saw a strong and sustained sell off in the US trading session today, despite equities ending the day overall flat. Oil made a break to $69 but came back to close at just under $71. Media headlines pointed to easing concerns on inflation but looking at gold at $940, the market does not agree. Tomorrow brings the interest rate statement out of Switzerland. Earlier this year they intervened in...