Search Results for: interest rates
Next’s profits set to overtake Marks & Spencer after 12% annual rise
March 21st, 2014
The decline of Marks & Spencer was again brutally underlined on Thursday when Next reported soaring profits that are almost certain to have beaten its venerable high street rival for the first time. After bets on “braver” fashion and ...
Asian Stocks Rebound From Biggest Decline in Seven Months
March 21st, 2014
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong after the world’s largest supplier of clothes and toys to ...
Budget 2014: Support for manufacturers and exporters
March 20th, 2014
Along with savers, business was the chief beneficiary of the Budget with support for manufacturers, exporters and investment THERE can be few complaints from business about what George Osborne served up in the 2014 Budget. Along with savers, business ...
Stocks slump on Yellen rate hike remark
March 20th, 2014
Investors weren’t too thrilled by what they heard from Janet Yellen during her first meeting in charge of the Fed. The Dow fell more than 100 points, while the S&P 500 and Nasdaq also finished lower. Stocks were relatively ...
Asia Stocks Drop on Fed; H-Share Index Near Bear Market
March 20th, 2014
Asian stocks fell, with a gauge of Chinese shares in Hong Kong poised to enter a bear market, after the Federal Reserve signaled it may raise U.S. interest rates from the middle of next year. Newcrest Mining Ltd. (NCM), ...
Dollar Strengthens as Gold Declines Before Fed Decision
March 19th, 2014
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...
Dollar Gains as Stocks Fluctuate With Bonds Before Fed
March 19th, 2014
The dollar gained against most major currencies while Treasuries and German bunds fluctuated with European stocks before the Federal Reserve decides monetary policy. China’s yuan dropped to the lowest in 11 months amid concern that more companies will default ...
Yen Retreats as Russian Stocks Gain After Crimea
March 17th, 2014
The yen fell for the first time in six days against the dollar as a rally in Russian stocks damped concern Crimea’s vote to leave Ukraine will lead to an immediate increase in tensions between Russia and the West. ...
Motorola Sues 12 Defendants In Kong Kong For $5.26B, Including A Fugitive Turkish Family Charged With Embezzlement Of Funds
March 17th, 2014
Motorola (NYSE:MSI) has sued 12 defendants in a Hong Kong court, including a fugitive Turkish family, three Hong Kong-based companies and a British national, seeking $5.26 billion in damages for embezzlement of funds in a case that can be ...
Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax
March 14th, 2014
The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up ...
