Posted by Financial Market News on December 27th, 2008
Gold may glitter but the bourses look like the best long-term bet yet. Ladies! It's time to sell your diamonds and buy gold, says a strategy report from Nomura.
Posted by Financial Service News on December 27th, 2008
A public exchange between prominent German bank, Deutsche Bank, and Germanya s senior Protestant bishop, has turned controversial, with Deutsche Bank dismissing the remarks of Bishop Wolfgang Huber.
Posted by Financial Market News on December 27th, 2008
Stocks in New York continued to trade around the baseline during Friday's post-holiday trading session.
Posted by Financial Service News on December 27th, 2008
Gov. David Paterson said Friday that the loss of tax revenue from just six Goldman Sachs' executives will cost New York $178 million.
Posted by Financial Market News on December 27th, 2008
With interest rates low and headed lower and bargainpriced stocks generating healthy yields, some investors may be tempted to borrow money to invest, or "leverage." There has always been a small segment of ...
Posted by Financial Service News on December 27th, 2008
Kolkata : The country's largest lender, State Bank of India, would expand its branch network in the Bengal circle by adding 142 branches during the next financial year, a bank official said here on Saturday.
Posted by Financial Market News on December 27th, 2008
Saturday, December 27, 2008 TOKYO: Asian stocks were mixed on Friday, in light trading with several markets still closed for the Christmas holiday and investors bracing themselves for a grim new year, dealers ...
Posted by Financial Service News on December 27th, 2008
There was one safe bet that mutual fund investors could make in 2008 _ that the stock market was a place to lose a lot of money.
Funds' performance stats for the year to date show that Wall Street's decline was so punishing that investors had almost nowhere to hide. A majority of fund categories had negative returns in the neighborhood of 40 percent, and some categories dedicated to financial services and natural resources had negative returns of 50 percent or more, according to Lipper Inc., which tracks fund performance.
Posted by Financial Market News on December 27th, 2008
The bubble pops. Stock markets tumble. Investors flee. It is the narrative of nearly every economic boom and bust, as investors scramble to find other places - besides underneath mattresses - to put their ...
Posted by Financial Service News on December 27th, 2008
Presidential candidates spent $US1.7 billion in the 2008 US election campaign, more than double the amount four years ago, Federal Election Commission filings show.
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