Articles...
Jul 16 2008
THIS week, the US Federal Reserve agreed to provide emergency funds for Fannie Mae and Freddie Mac, which together hold or back around half of US mortgage debt....
Jun 18 2008
ANALYSTS say Barclays could raise up to £7bn as part of a possible fundraising effort revealed this week. The banking giant announced on Monday that it was considering issuing new shares by way of a placing and a pre-emptive offer to existing shareholders....
Jun 11 2008
THE danger of the US economy tumbling into a “substantial downturn” appears to have waned despite a recent increase in unemployment figures, Federal Reserve chairman Ben Bernanke said early yesterday....
Jun 4 2008
VOLATILE trading in the money markets saw under-pressure sterling fall against the dollar yesterday....
May 28 2008
THE Government is seeking to improve its standing with the business community with the appointment of former CBI director general Adair Turner as chairman of the Financial Services Authority (FSA)....
May 21 2008
THE reverberations from the credit crunch will cause problems in the UK for the next few years, according to the billionaire investor George Soros....
May 14 2008
MERVYN KING, the Governor of the Bank of England, came within one-tenth of a percentage point of having to pen a public letter of explanation to Chancellor Alistair Darling after yesterday’s publication of the Consumer Prices Index (CPI)....
Apr 23 2008
ANALYSTS yesterday began feverish speculation on which bank will be the next to follow Royal Bank of Scotland’s lead by asking shareholders for extra funds....
Mar 19 2008
THE world’s stock markets endured another anxious day yesterday as the United States Federal Reserve moved to slash US interest rates by 0.75% and UK inflation figures rose sharply....
Mar 5 2008
INTEREST rates are once again the focus of the markets as they wait to see what action the Bank of England’s Monetary Policy Committee takes when it makes its latest announcement at noon tomorrow....
