Posts Tagged ‘world’

Zoellick Sees ‘Elephant,’ Not Endorsing Gold Standard

Wednesday, November 10th, 2010

Gold is the “elephant in the room,” being used as an alternative monetary asset because of unease about strength of developed economies, World Bank Chief Robert Zoellick told CNBC.

Read the rest here:
Zoellick Sees ‘Elephant,’ Not Endorsing Gold Standard

UK’s Cameron Seeks to Bolster Trade Ties With China

Sunday, November 7th, 2010

Prime Minister David Cameron leads a heavyweight group of British politicians and business chiefs on a visit to China this week which will focus squarely on expanding trade ties with the world’s second-largest economy.

See original here:
UK’s Cameron Seeks to Bolster Trade Ties With China

China October Manufacturing Leaps Past Forecast

Sunday, October 31st, 2010

China’s official purchasing managers’ index (PMI) for manufacturing rose to a six-month high, blowing past expectations and highlighting the strength of the world’s second-largest economy.

See the original post:
China October Manufacturing Leaps Past Forecast

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

Intel Earnings, Revenue Surpass Wall Street Forecasts

Tuesday, October 12th, 2010

Shares of the world’s biggest semiconductor maker popped higher in extended trading Tuesday after the company reported a quarterly profit that beat expectations.

See the rest here:
Intel Earnings, Revenue Surpass Wall Street Forecasts

The New ‘Short’: What Steve Eisman’s Betting Against Now

Wednesday, September 15th, 2010

After making the short heard ’round the world with his bet against the subprime housing market, here’s what Steve Eisman, one of the key players in “The Big Short,” is betting against now.

More:
The New ‘Short’: What Steve Eisman’s Betting Against Now

With Global Food Prices Rising, What Should Investors Do?

Thursday, September 9th, 2010

Rising fear over food prices will affect not only consumers around the world, but also investors, who will face an array of conflicting choices as grain shortages and demand increases cause havoc in financial markets.

Read this article:
With Global Food Prices Rising, What Should Investors Do?

Battle Looms Over Huge Costs of Public Pensions

Saturday, August 7th, 2010

There’s a class war coming to the world of government pensions. The haves are retirees who were once state or municipal workers. The have-nots are taxpayers who don’t have generous pensions

See the original post:
Battle Looms Over Huge Costs of Public Pensions

China Inflation Accelerates to 19-Month High in May

Thursday, June 10th, 2010

Chinese inflation quickened to a 19-month high in May, but a moderation of growth in factory production and capital spending could further ease worries that the world’s third-largest economy runs the risk of boiling over.

Follow this link:
China Inflation Accelerates to 19-Month High in May

China Revaluation Would Hurt US: World Bank’s Lin

Saturday, May 15th, 2010

The chief economist for the World Bank said on Saturday that if China were to revalue its currency it would actually hurt rather than help the U.S.

Read this article:
China Revaluation Would Hurt US: World Bank’s Lin