Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Toyota unit Daihatsu recalls over 274,000 vehicles »
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which requires fair presentation and [...]
Asia stocks dip on China tightening fears, yen up »
Asia stocks dip on China tightening fears, yen up
(Reuters) – Asian stocks fell on Thursday as investors worried strong loan growth and quickening inflation in China would spur Beijing to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting [...]
StanChart year profit tops $5 billion, strong January »
StanChart year profit tops $5 billion, strong January
STAN.L
) met expectations with a 13 percent jump in 2009 profit, as strong investment banking growth in its core Asian markets offset a jump in bad debts in the Middle East.
The bank said it would give bonuses to management, unlike many London-listed rivals, and pay [...]
Allied Irish sees first FY loss, capital plan vague »
Allied Irish sees first FY loss, capital plan vague
ALBK.I
) posted its first ever full-year net loss, after being burned in a property market crash, and did not offer any exact guidance on when or how it would restore profits and its capital base.
Allied Irish, in which the government last year acquired a [...]
Volcker sees no threat to dollar as reserve currency »
Paul Volcker, the former Federal Reserve chairman who is advising the Obama administration, said the U.S. dollar’s role as the world’s reserve currency is likely not in jeopardy, but warned central bankers to keep a close eye on inflation.
Volcker made the comments about the dollar while speaking CLSA’s AsiaUSA Forum in San Francisco, according [...]
Sterling under pressure; world stocks rise »
The pound came under further pressure on Tuesday, battered by political worries and engorged public finances, while global equities stayed relatively buoyant.
Euro zone government bond prices slipped with traders waiting for the next developments in Greece’s debt crisis, likely to come after a cabinet meeting on Wednesday.
World stocks as measured by MSCI .MIWD00000PUS [...]
Fed’s Kohn says to leave Fed June 23 »
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an
which requires fair presentation and [...]
GM triples Opel financing, cuts state aid request »
GM triples Opel financing, cuts state aid request
General Motors GM.UL has tripled its funding of European arm Opel and cut its request for state aid in a bid to win over European governments and labor.
The U.S. carmaker said it will provide 1.9 billion euros ($2.57 billion) in equity and loans — up from [...]
Prudential confirms to buy AIG Asia for $35.5 billion »
Prudential confirms to buy AIG Asia for $35.5 billion
PRU.L
AIG.N
) Asian life insurance arm for $35.5 billion, making it the undisputed foreign leader in one of the world’s fastest-growing financial services markets.
The acquisition of AIA will be funded by a rights issue of $21 billion including costs and fees, the biggest ever [...]
Manufacturing sector grew in February: ISM »
Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an
which requires fair presentation and [...]