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| | | ... word, I'm not allowed to write that.) Because of the debt negotiations "stalemate", the MSCI World Index fell by 0.6% last night. Due to the "deadlock", the MSCI Emerging Markets Index retreated by 0.4%. The "impasse" caused the Dow to lose 0.7% and ... |
| | | | ... leaders brokered a new agreement on shoring up debt-plagued member states. "Clearly, the overseas markets were on a roll last night, and if they're up it's a monte we're going to follow," Mr Heffernan said. "If you look at the European situation, it ... |
| | | | ... but when it comes to the final buzzer, we all know that the final call would be "deal!" The New York Times reported last night that US President Obama (Democrat) and House Speaker John Boehner (Republican) were nearing a "major budget deal." Hooray! ... |
| | | | ... reached a last-minute compromise with France over a fresh bail-out for Greece, ahead of crucial summit in Brussels on Thursday night. "That drove the euro a lot higher this morning, with a risk-on type environment that effectively drove the Aussie dollar ... |
| | | | ... Yesterday, 31 out of 36 companies in the S&P 500 that reported since 11 July topped expectations - an 86% beat rate. Last night's update by Bloomberg showed an even better 89% beat rate with 54 of 61 firms reporting higher earnings than market estimates. ... |
| | | | So what's the fuss all about? Wall Street dropped last night because they didn't like what came out of Sir Ben's mouth on his second day of testimony on Capitol Hill. This is what Sir Ben told Congress on the first day of his testimony: "The possibility ... |
| | | | Challenger emerged as the biggest winner from the 2011 Rainmaker Sales & Marketing Excellence Awards Dinner last night, picking up three awards, while PIMCO, Legg Mason and AustralianSuper each scooped two. The awards dinner, compared by ABC newsreader ... |
| | | | ... of..." Sir Ben may have as well sang this in his testimony before the House Financial Services Committee in Washington last night - for the message was the same: "The possibility remains that the recent economic weakness may prove more persistent than ... |
| | | | Just like most of you, I waited for the fat lady to sing last Friday night on Wall Street - sing a song that ultimately puts doubts over the US economic recovery to rest. I was expecting the fat lady's rendition of the Silver Convention's "Get Up and ... |
| | | | ... "make their day"? That nagging, niggling bugbear of America's economy - its labour market has done a boing! Reports last night showed that jobless claims dropped by 14,000 to 418K in the week ended 2 July. This is better than median expectations for ... |
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