Posts Tagged ‘monday’

China’s Surprise Rate Hike Hurts Aussie, Commodities

Sunday, December 26th, 2010

The Australian dollar and commodity prices slid on Monday following an interest rate hike by China’s central bank over the Christmas weekend, but volumes were light due to holidays in the final week of 2010.

Originally posted here:
China’s Surprise Rate Hike Hurts Aussie, Commodities

Seoul to Go Ahead with Drills Despite Threats of War

Sunday, December 19th, 2010

South Korea will go ahead with live firing drills from a disputed island  on Monday, local media said, despite threats of attack by Pyongyang and pressure from Russia and China to cancel the exercise. 

Originally posted here:
Seoul to Go Ahead with Drills Despite Threats of War

10-Year Yield Jumps; Futures Imply 2012 Rate Hike

Monday, December 13th, 2010

U.S. Treasurys tumbled Monday, driving up 10-year yields to a new six-month high as federal fund rate futures started to price in the chance of a possible rate hike in 2012.

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10-Year Yield Jumps; Futures Imply 2012 Rate Hike

Week Ahead: Markets at Mercy of Washington and Europe

Friday, December 3rd, 2010

European finance ministers meet Monday and Tuesday as Ireland votes on its budget. The White House and Congress, meanwhile, are seen moving toward a compromise on the Bush tax cuts.

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Week Ahead: Markets at Mercy of Washington and Europe

GM Underwriters Set to Raise IPO Price to $32-$33 a Share

Monday, November 15th, 2010

Underwriters of GM’s hotly anticipated initial public offering are raising the deal’s price to $32 to $33 per share Monday night, someone familiar with the matter told CNBC.

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GM Underwriters Set to Raise IPO Price to $32-$33 a Share

Singapore Exchange to Merge with ASX in $8.3 Billion Deal

Sunday, October 24th, 2010

Singapore Exchange unveiled an agreed A$8.4 billion ($8.3 billion)  takeover offer for Sydney-based ASX on Monday to create the fifth-largest listed exchange in the world.

See the article here:
Singapore Exchange to Merge with ASX in $8.3 Billion Deal

UK’s Osborne Looks to Restrain Heart of Finance

Monday, October 4th, 2010

George Osborne will on Monday vow to break the dominance of the City in the British economy, as he seeks to balance tough rhetoric on the deficit with the need to sustain future growth in all parts of the UK. The FT reports.

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UK’s Osborne Looks to Restrain Heart of Finance

HSBC to Buy Up to 70% of South Africa’s Nedbank

Monday, August 23rd, 2010

Europe’s largest lender said it is in talks Monday to buy up to 70 percent of South Africa’s Nedbank, in a potential $6.8 billion deal that would give it a bigger presence in Africa’s top economy.

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HSBC to Buy Up to 70% of South Africa’s Nedbank

H&M July Sales Surge, Beat All Forecasts

Monday, August 16th, 2010

Swedish fashion giant Hennes & Mauritz said on Monday sales at its established stores rose sharply in July from a year earlier as the company reaped the benefit of an improving global economy.

Continue reading here:
H&M July Sales Surge, Beat All Forecasts

Global Stocks Rally Amid Gains In US Economy and Earnings

Monday, August 2nd, 2010

Global stocks surged to a 2-1/2 month high Monday, supported by better-than-expected U.S. economic data and encouraging corporate results.

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Global Stocks Rally Amid Gains In US Economy and Earnings