User login

Google Friend Connect

loading...
Syndicate content
far east

US, Japan surveys bring optimism to Asian markets

Click to enlarge photo Tokyo's Nikkei rose 1.80 percent to end at 174.60 points, to 9,879.85, while Hong Kong added 0.88 percent by the break. The gains extended a strong finish to trading last week. Sydney and Shanghai were closed for public holidays. In Japan a
Article image

Prudential ditches Asian takeover

British insurer Prudential abandoned its hugely ambitious takeover of AIG's Asian unit AIA on Wednesday, putting the future of chief executive Tidjane Thiam in doubt. The decision, which ends Prudential's quest to become the world's top insurance firm outside of China, came one day
Article image

Prudential ditches AIG Asian takeover

AFP British insurer Prudential abandoned its hugely ambitious takeover of AIG's Asian unit AIA on Wednesday, putting the future of chief executive Tidjane Thiam in doubt. The decision, which ends Prudential's quest to become the world's top insurance firm outside of China, came one
Article image

Jetstar ramps up expansion plans

AAP Jetstar Airways has teamed up two pilot schools as the low-cost carrier ramps up its expansion plans amid strong worldwide demand for pilots. The training program with Melbourne-based Oxford Aviation Academy and CTC Aviation Group in Hamilton, New Zealand, was announced at
Article image

International-stock ETF slumps in market storm ETF Investing - MarketWatch

By John Spence , MarketWatch With assets of more than $32 billion, iShares MSCI EAFE Index Fund /quotes/comstock/13*!efa /quotes/nls/efa ( EFA 47.46 , -1.71 , -3.48% ) is among the five biggest ETFs. The fund was down nearly 13% for the month through May 7 as fears that
Article image

Poland to Target Asia Investors With $1 Billion Bond (Update2)

March 5 (Bloomberg) -- Poland is targeting investors in Asia with its first sale of bonds in U.S. dollars since July to help plug its budget deficit, Deputy Finance Minister Dominik Radziwill said. The government plans to sell about $1 billion of bonds due in five years because that was
Article image

Poland to Target Asia Investors With $1 Billion Bond (Update1)

March 5 (Bloomberg) -- Poland is targeting investors in Asia with its first sale of bonds in U.S. dollars since July to help plug its budget deficit, Deputy Finance Minister Dominik Radziwill said. The government plans to sell about $1 billion of bonds due in five years because that was
Article image

Prudential Plc May Buy AIG Unit for Over $30 Billion (Update1) - Bloomberg.com

Prudential would not be forced to sell any of its existing businesses to fund a purchase of American International Assurance Co., said the person, who declined to be identified because the talks are private. Chief Executive Tidjane Thiam has spoken with AIG’s board in recent days, t
he
Article image

Prudential Plc Said in Talks to Buy AIG Unit for $30 Billion - Bloomberg.com

Prudential would not be forced to sell any of its existing businesses to fund a purchase of American International Assurance Co., said the person, who declined to be identified because the talks are private. Chief Executive Tidjane Thiam has spoken with AIG’s board in recent days, t
he
Article image

U.K.’s Prudential in Talks to Buy AIG Asian Unit, Sky News Says

A proposal to buy Hong Kong-based American International Assurance Co. will be put to AIG’s board by Prudential’s Chief Executive Officer Tidjane Thiam in New York, Sky said, citing one unidentified person close to the talks. The Financial Times reported the deal was valued at $
35.5
Article image

U.K.’s Prudential in Talks to Buy AIG Asian Unit, Sky News Says - Bloomberg.com

A proposal to buy Hong Kong-based American International Assurance Co. will be put to AIG’s board by Prudential’s Chief Executive Officer Tidjane Thiam in New York, Sky said, citing one unidentified person close to the talks. The Financial Times reported the deal was valued at $
35.5
Article image

Prudential in AIG Asian Unit Talks, Sky News Says (Update1) - Bloomberg.com

A proposal to buy American International Assurance Co. will be put to AIG’s board by Prudential’s Chief Executive Officer Tidjane Thiam in New York today, Sky said, citing one unidentified person close to the talks. Thiam wants to raise the proportion of new business the company der
ives
Article image

US Dollar: Policy Tightening and Mounting Risk Build Bullish Pressure

Fundamental Outlook for US Dollar: Bullish -    The Federal Reserve hikes the discount rate , adds to speculation that Fed Funds rates will soon follow -    Risk trends compete with interest rate forecasts for the dollar’s attention -    Was the Dollar
Article image

The Forex Three-Session System

periods when it is muted. What's more, different currency pairs exhibit varying activity over certain times of the trading day due to the general demographic of those market participants that are online at the time. In this article, we will cover the major trading sessions, explore what kind of
Article image

The Forex Three-Session System

periods when it is muted. What's more, different currency pairs exhibit varying activity over certain times of the trading day due to the general demographic of those market participants that are online at the time. In this article, we will cover the major trading sessions, explore what kind of
Article image

Shell Posts Quarterly Profit After Year-Earlier Loss (Update1) - Bloomberg.com

Net income of $1.96 billion compared with a loss of $2.81 billion a year ago, The Hague-based Shell said in a statement today. Excluding one-time items and gains or losses from inventories, earnings met analyst estimates. Chief Executive Officer Peter Voser is cutting thousands
Article image

Golden days rush through China

THE assistant pushed the red velvet sacks across the counter discreetly. The customer quickly slipped them into her bag. With a brief, nervous look around, she walked briskly from the shop, already clutching her car keys. Few people feel comfortable lugging around a kilogram of pure gold, but

London stocks hit 16-month high

AFP London's main stock market index on Monday hit its highest level since September 2008, when the collapse of US investment bank Lehman Brothers signalled the start of the global economic crisis. London's benchmark FTSE 100 index reached 5,600.48 points in morning trading - the
Article image

Businesses work with Invention Machine software to innovate - Dec. 17, 2009

NEW YORK (Fortune) -- It's a familiar scene: A conference room, a white board, and a dozen faces crumpled in concentration as they "brainstorm" about some seemingly insurmountable technical challenge or another. Maybe it's a stubborn special coating that could triple the life of a...

The Forex Three-Session System

periods when it is muted. What's more, different currency pairs exhibit varying activity over certain times of the trading day due to the general demographic of those market participants that are online at the time. In this article, we will cover the major trading sessions, explore what kind of...
Article image