FOREXLEARNING

A decade on, rise of BRICs shaped by September 11 »

By Peter Apps, Political Risk Correspondent
LONDON | Sat Sep 10, 2011 8:07am EDT

LONDON (Reuters) – As his global teleconference broke up in disarray on September 11, 2001, a top economist at a U.S. investment bank began to ponder what the attacks on the United States might [...]

Trade Gap Widens in the U.K. on Rapid Rise in Imports »

After the economic recession affected the British economy severely since its start in 2008 causing company’s overseas sales to tumble, thereby resulting in a huge trade deficit, the trade gap widened in March despite recovery in global demand as the rebound in exports was offset by the rise in imports.
In February the trade gap narrowed [...]

London shares rise (AFP) »

LONDON (AFP) – FTSE 100 shares were firmer at the end of trade on Thursday as commodity prices surged.
London's benchmark index was up 1.15 percent to close at 5,744.89 points.
Lloyds Banking Group (LBG) was the most traded stock, seeing 157 million units change hands, followed by Vodafone, which saw 137 million shares [...]

Unemployment and Inflation Rise in the Euro Zone »

European economies are struggling to recover from the most severe and synchronized recession since WWII amid the slowdown in growth and high debt prevailing in European economies. The progress seen by the euro zone at the end of last year started to ease, while governments are focusing meanwhile on shaving their huge deficits.
The euro zone [...]

London shares rise, boosted by Lloyds (AFP) »

LONDON (AFP) –
Leading shares rose in early deals on Friday, boosted by state-rescued bank Lloyds' forecast of a return to profit in 2010 after two years of losses.
of top shares gained 0.63 percent to 5,678.21 points in late morning trade.
,” said IG Index analyst Philip Gillett.
jumped 9.25 percent to 60.69 pence.
Partly-nationalised [...]

General Growth shares rise in Big Board return (Reuters) »

.N) rose on Friday, their first day back on the
, even as the U.S. mall owner operates under bankruptcy protection.
were up 2.3 percent to $14 in late morning trade. The shares had hit a high of $14.40 earlier in the session.
U.S. REIT Index (.RMZ), which was up 1.3percent.
Although rare, General Growth [...]

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 [...]

Stocks rise on the promise of more cheap money »

Federal Reserve Chairman Ben Bernanke reassured lawmakers interest rates will remain low, driving stocks higher on Wednesday as investors welcomed the promise of more cheap money.
Banks, which have benefited from borrowing rates at historic lows, led the market higher. Bank of America (
BAC.N
) was the Dow’s biggest percentage gainer, rising 2.45 percent.
[...]

Stocks, euro rise; Greek worries persist »

Stocks, euro rise; Greek worries persist
European shares gained on Tuesday after UK bank Barclays beat profit forecasts, and the euro rose against the dollar as European finance ministers put more pressure on Greece to resolve its fiscal problems.
Greek borrowing costs, however, rose.
Oil and metal prices advanced, supported by a weaker U.S. currency, [...]

Hyundai targets 4.5 percent rise in U.S. market share »

Hyundai targets 4.5 percent rise in U.S. market share
ORLANDO, Florida (Reuters) -
005380.KS
) aims to increase its share of the U.S. market to 4.5 percent this year from 4.2 percent in 2009, helped by popular new product launches and aggressive marketing.
South Korea’s Hyundai, the only major automaker to increase sales in the [...]