News and comment
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updated to bring you news of important developments in financial matters.
Citywire Investment News
- Time to move money out of defensives?
Tue, 06 Jan 2009 00:01:00 GMT
With many expecting some kind of stock market rally in the spring, is it time to switch some money out of defensives?
BBC News
- Singh accuses Pakistan on Mumbai
Tue, 06 Jan 2009 07:41:32 GMT
The Mumbai attack must have had support from some official agencies in Pakistan, Indian Prime Minister Manmohan Singh says.
- House prices 'fell 15.9% in 2008'
Tue, 06 Jan 2009 07:38:24 GMT
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
- Hospital mobile bans can be eased
Tue, 06 Jan 2009 07:28:36 GMT
Hospitals in England should consider allowing more liberal use of mobile phones, the Department of Health is expected to announce.
- Schools close due to icy weather
Tue, 06 Jan 2009 07:24:09 GMT
Freezing temperatures cause schools to close across the country, while emergency services are braced for a busy day.
BBC Business News
- House prices 'fell 15.9% in 2008'
Tue, 06 Jan 2009 07:38:24 GMT
House prices fell by 15.9% last year, according to the latest survey by the Nationwide building society.
- Sales fall at Next and Debenhams
Tue, 06 Jan 2009 07:22:36 GMT
Next and Debenhams report falling sales over the Christmas period, as a survey suggests UK consumer confidence is at a new low.
- Russia gas cut 'to affect Europe'
Tue, 06 Jan 2009 07:11:01 GMT
The supply cut of Russian gas to Ukraine will affect Europe within hours, Ukraine's state gas company Naftogaz says.
Citywire News
- Time to move money out of defensives?
Tue, 06 Jan 2009 00:01:00 GMT
With many expecting some kind of stock market rally in the spring, is it time to switch some money out of defensives?
FT.com - Financial Markets News
- Asia Pacific rises for ninth consecutive day
Tue, 6 Jan 2009 04:47:17 +0000
The yen weakened overnight and oil and commodity prices rose, boosting Asia Pacific shares which rose for the ninth day in a row ? the longest series of consecutive daily gains since for the MSCI Asia Pacific index since August 2004
- US financials and telecoms under pressure
Mon, 5 Jan 2009 21:46:37 +0000
US stocks struggled to cling onto a two-month high at the start of the first full trading week of 2009 after a fresh round of profit warnings and analyst downgrades greeted investors returning from their new year break
- Tate hurt by rumours of hedge fund share sale
Mon, 5 Jan 2009 21:03:38 +0000
The London market's new year bounce continued into a fifth session on Monday, but Tate Lyle missed the trend amid speculation its second-biggest shareholder might have to sell to meet redemptions
FT.com - Equities
- Asia Pacific rises for ninth consecutive day
Tue, 6 Jan 2009 04:47:17 +0000
The yen weakened overnight and oil and commodity prices rose, boosting Asia Pacific shares which rose for the ninth day in a row ? the longest series of consecutive daily gains since for the MSCI Asia Pacific index since August 2004
- Tate hurt by rumours of hedge fund share sale
Mon, 5 Jan 2009 21:03:38 +0000
The London market's new year bounce continued into a fifth session on Monday, but Tate Lyle missed the trend amid speculation its second-biggest shareholder might have to sell to meet redemptions
- Swiss rally helps drive Eurofirst
Mon, 5 Jan 2009 20:53:13 +0000
European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher
- Asia stocks maintain upbeat momentum
Mon, 5 Jan 2009 20:11:26 +0000
Asian stock markets maintained their upward momentum amid optimism that economic stimulus plans in the US and elsewhere would shore up the global economy
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