INVESTMENT

World Market Overview 04/07/2011

Traders work on the floor of the New York Stock Exchange
U.S. stock markets ended higher on Wednesday, led by gains from technology and banking sector stocks. Cisco Systems led gains in technology stocks after CEO John Chambers said in a memo to employees that the company has lost its way and will need to restore its credibility. Chambers suggested Cisco might change operations to narrow the company's focus.
More news
Follow

World Market Overview 04/05/2011

U.S. blue-chip stocks eked out small gains Monday in the lightest trading volume all year, but other major indexes finished flat as the technology sector sagged.
A picture illustration shows U.S. dollar bank notes

Why the US dollar fell in Q1 2011

The US dollar continued to fall in Q1 2011. It lost 2.4 percent against G10 currencies, similar to the pace of decline in Q4 2010 but more moderate compared to the 8.4 percent QE2-induced drop in Q3 2010.
Gold bars are displayed at a branch of Mitsubishi Materials Corporation in Tokyo

Gold Bullish, Silver Called A Classic Bubble

The Gold Price rose early Monday in London, nearing last week's high of $1439 per ounce as energy prices led a surge in commodity prices and Silver Bullion jumped 1.9% to fresh 31-year highs.
IBTimes Logo

BRICS to talk economic coordination, not yuan: China

Leaders from five of the world's top emerging economies will discuss a coordinated stance on economic issues such as commodity price fluctuations, but the yuan's exchange rate is off the agenda, a senior Chinese diplomat said on Saturday.
Chairman of the Federal Reserve Ben Bernanke

Fed discount window borrowing topped $110-bin at crisis peak

During the height of the financial crisis, banks around the world lined up to borrow money from the discount window of the Federal Reserve. In the few months before and after Lehman Brother’s collapse on September 15, 2008, billions were lent out.
IBTimes Logo

TPG agrees to sell minority stake: source

Private equity firm TPG Capital has agreed to sell a minority stake in itself to two sovereign wealth funds, the Kuwait Investment Authority and the Government of Singapore Investment Corp, a source familiar with the situation said on Friday.

Synthesis Energy Shares Hit New High on China Investment

Shares of Synthesis Energy Systems, Inc. (NASDAQ: SYMX) touched a new 52-week high of $3.12 on Thursday. The company has agreed with China Energy Industry Holding Group Co. Limited for a cash investment of about $83.8 million to support the company's business strategy in China, including project development and investment.
IBTimes Logo

U.S. nuclear investment to pause: analysts

Plans for nuclear power investment in the United States will be sidelined but not derailed by the problems Japan is having with the Fukushima nuclear plant, experts said in a panel discussion on Thursday.
IBTimes Logo

Japan fund repatriation to top views: PIMCO

Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.
IBTimes Logo

Japan to repatriate more funds than expected: PIMCO

Japan will repatriate more funds than markets expect to finance its reconstruction efforts following its devastating earthquake and tsunami, the co-chief investment officer of top bond fund PIMCO said on Thursday.
Warren E. Buffett,Chairman and Chief Executive Officer of Berkshire Hathaway,testifies before the Financial Crisis Inquiry Commission during a public hearing in New York

Buffett's Top Executive Resigns After Stock Purchase

Berkshire Hathaway Chairman Warren Buffett said Wednesday that one of the top executives at his company, David Sokol, has resigned from the company, soon after learning that Sokol bought stock in a company he recommended to Buffett.

Pages

  • Promoted in Malawi

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.