Business News:

Euro hurt by European woes; China data boosts oil 10 Mar 2010, 3:00 am

HONG KONG (Reuters) - The euro and sterling were under pressure on Wednesday after renewed concerns about Europe's fiscal problems but oil, copper and the Australian dollar were supported by China's s. […]

Source: Reuters: Business News Reuters: Business News |

Oil slips for 2nd day before U.S. inventories 10 Mar 2010, 2:59 am

SINGAPORE (Reuters) - Oil fell toward $81 a barrel on Wednesday in volatile trade as expectations for a gain in U.S. crude stockpiles offset surging Chinese imports.

Source: Reuters: Business News Reuters: Business News |

China's Geely secures financing to buy Volvo: report 10 Mar 2010, 2:40 am

STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported o. […]

Source: Reuters: Business News Reuters: Business News |

Strong China trade data make case for firmer yuan 10 Mar 2010, 2:27 am

BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. […]

Source: Reuters: Business News Reuters: Business News |

Swiss Re sees $4-$7 billion insurance losses from quake 10 Mar 2010, 1:37 am

ZURICH (Reuters) - Swiss Re said on Wednesday the insurance sector stood to lose $4-$7 billion from the earthquake in Chile, a sum unlikely to bring the long hoped-for increase in reinsurance prices.

Source: Reuters: Business News Reuters: Business News |

Tags:

Financial News:

BofA scraps overdraft fees for card users 10 Mar 2010, 12:15 am

Bank of America said it would eliminate overdraft fees for debit card customers in a move designed to quell consumer frustration and keep the bank a step ahead of new regulations that restrict such ch. […]

Source: FT.com - Financials FT.com - Financials |

Mortgage lending lifts Canada bank earnings 9 Mar 2010, 9:09 pm

The country's five big banks have again shown their mettle after reporting combined quarterly net income of C$5bn, up more than two-thirds from 2009

Source: FT.com - Financials FT.com - Financials |

Apollo to buy Citi real estate unit 9 Mar 2010, 8:24 pm

Apollo Management has signed a preliminary agreement to buy Citigroup's property investment unit in a deal that would give Leon Black's private equity firm a far bigger presence globally, people famil. […]

Source: FT.com - Financials FT.com - Financials |

Gartmore cautious in spite of inflow of funds 9 Mar 2010, 7:45 pm

The asset management group offers a cautious outlook for the rest of 2010 despite a £273m net inflow of funds in the first two months of the year as volatility returned to the market

Source: FT.com - Financials FT.com - Financials |

Senators eye pre-funded resolution authority 9 Mar 2010, 7:37 pm

Senators in the banking committee have agreed in principle to a partially pre-funded 'resolution authority' to wind down a failing bank holding company, favouring a structure that would levy a $50bn c. […]

Source: FT.com - Financials FT.com - Financials |

Archive for April, 2007

FX Trading 101 - 1 - What is FX Trading?

Friday, April 27th, 2007

Firstly lets talk about what investing in foreign exchange means. It does not mean buying foreign currency and keeping it up until it fairs well in value. Converting the money you have and holding it till it appreciates in value can take you only so far, usually you may gain about a few dollars over [...]

Invest Online And Reap The Benefits

Thursday, April 19th, 2007

In today’s modern and high-tech world, if you have no online presence, then you will not be considered as a perfect entrepreneur. People who are doing non-Web businesses cannot challenge this proposition. The most common and commercial applications of the Web are online trading business. Brokerage on the Web has totally changed the depiction of [...]

The Mindset of a Successful Stock Investor

Monday, April 16th, 2007

If you want to be a successful stock investor, it is important that you develop the proper mindset. You can learn all of the strategies and techniques involved with picking the right stocks. However, investing in stocks is just as emotional as it is fact based and if you don’t have the right mindset from [...]

Forex Currency Pairs - How to Choose Which Currency Pairs to Trade Forex On?

Friday, April 13th, 2007

Forex Trading involves buying one currency in a currency pair, by selling the other. So if one is trading in EUR/USD, the trade may involve buying EUR by selling USD at the current market rate or vice-versa. Similarly buying EUR in EUR/GBP would require GBP to be sold.
Unlike options or stocks which have lots of [...]

The Customers of the Forex Trading Market

Tuesday, April 10th, 2007

The trade of forex employs the currency and the stockmarkets of different countries to create a commercial market where millions and the billions are traded and exchanged daily. This market is similar to the stockmarket, because people buy and sell, but the market and the final results are much much larger. Those implied on the [...]