World Economy

George Soros gives $100 Million to Human Rights Watch

Posted by Greg on September 8, 2010 at 12:01 pm

International Market Report 8th September 2010
On Tuesday, the FTSEurofirst 300 index of leading European sharesfell 0.4 percent to 1,061.79 points. A four-day winning streak came to an end with the Dow down 107 points at 10,341,  Nasdaq down 25 at 2,208 and the S&P 500 12 lower at 1,091
Investor worries over the Eurozone have deepened, [...]

US reported better-than-expected pending home sales data

Posted by Greg on September 3, 2010 at 8:53 am

International Market Report 3rd September 2010
FTSEurofirst 300 index dropped 0.1% to close at 1,054.9. German DAX Xetra 30 edged down marginally to 6,083.9. French CAC-40 rose 0.1% to settle at 5,371.0. DJIA gained 0.5% to 10,320.1. NASDAQ climbed 1.1% to 2,200.0. S&P 500 index closed 0.9% higher, at 1,090.1. Nikkei 225 index is trading 0.2% [...]

BOJ eases policy as yen climbs

Posted by Greg on August 31, 2010 at 12:14 pm

International Market Report 31st August 2010
The benchmark Nikkei dropped 277.40 points to close at 8,871.86, the Topix lost 2.6% to close at 807.46. The Dow Jones was 164 points higher at 10,150, whilst the Nasdaq gained 34 points to 2,153. The S&P 500 added 17 points at 1,064.
Yesterday, the BOJ boosted its cheap loan scheme, [...]

China likes German cars

Posted by Greg on August 19, 2010 at 8:22 am

International Market Report 19th August 2010
The Nikkei has risen 95 points or 1.03% to around the 9,335.54 level. The Dow Jones gained 9 points to close at 10,415. The Nasdaq Composite was up 6 points at 2,215 and the S&P 500 rose 1 point to close at 1,094.
Germany’s export economy is presenting the country’s policy [...]

Japan’s government looks over further policy stimulus

Posted by Greg on August 18, 2010 at 8:15 am

International Market Report 18th August 2010
The Nikkei gained 37.89 points to close at 9,199.57. The Topix rose 0.6% to close at 831.73. The Dow Jones closed up 103 points at 10,405, the Nasdaq Composite closed 27points higher at 2,209, on the other hand the broad-based S&P 500 was 13 points better at 1,092.
In August German [...]

Spanish Economy Grows by 0.2%

Posted by Greg on August 9, 2010 at 9:43 am

International Market Report 9th August 2010
On Monday, Japan’s Nikkei average dropped 1.1%, after weaker-than-expected U.S. employment data signaled the economic recovery was losing traction. The Dow Jones industrial average dropped 21.42 points; (or 0.20%) to close at around 10,653.56. The Standard & Poor’s Index dropped 4.17 points, or 0.37%, to 1,121.64. The Nasdaq Composite Index [...]

Growth slows in parts of US

Posted by Greg on July 29, 2010 at 8:05 am

International Market Report 29th July 2010
Fears of a double-dip recession grew as economic growth in parts of the US is reportedly at risk of grinding to a halt. The Federal Reserve’s latest Beige Book survey tracking 12 regions showed growth in Atlanta and Chicago had slowed and Cleveland and Kansas City had held steady. Other [...]

US property price survey suggests modest growth

Posted by Greg on July 28, 2010 at 8:12 am

International Market Report 28th July 2010
In Asia the benchmark Nikkei gained 117.62 points to 9,614.47, the broader Topix added 1.2 percent to 855.88. The Australian ASX All Ords was up 28.2 points to 4542.10 late in the trading day. In the US the Dow Jones industrial average added 12.26 points to 10,537.69. The Standard & [...]

Mac sales push Apple profits up

Posted by Greg on July 21, 2010 at 9:07 am

International Market Report 21st July 2010
Asian indices edged up yesterday lead by the benchmark Nikkei up 0.3 percent or 21.19 points to 9,321.65, while the broader Topix edged up 0.1 percent to 833.43.
In America the Dow Jones industrial average rose 75.53 points, or 0.74 percent, to 10,229.96. The Standard & Poor’s 500 Index .SPX gained [...]

Goldman pays SEC $550 to kill fraud case

Posted by Greg on July 16, 2010 at 8:57 am

Internationl Report 16th July 2010
Last Night US lawmakers passed a landmark financial reform bill allowing the broadest overhaul of rules governing America’s largest financial institutions since the 1930s. The Senate approved the bill by a 60 to 39 vote and will now send it to President Barack Obama to sign into law next week. [...]