News List
ETFs is designed to meet the needs of the novice a
US government bonds may be the most plentiful and frequently traded debt securities in the world but until recently they were devilishly difficult to get your hands on. Now a slew of new exchange-traded bond funds from Barclays Global Investors coul
Global Overview: Recovery strengthens after US pay
The dark clouds that descended over financial markets at the end of last month showed signs of lifting this week as investors appeared to rediscover their appetite for risk. Global equities, commodity prices and credit derivatives all enjoyed broad
Funds grab large share of US Treasuries
Senate reviews private equity tax regime
Treasuries fall as stock markets rebound
US and European government bonds softened on Thursday as world equity markets continued to strengthen while the European Central Bank raised interest rates and left the way open for more increases. US Treasuries fell as investors responded to a rebo
Jamaica bonds in high demand
Jamaica sold $350m of 32-year bonds this week, suggesting emerging market debt investors are still out in force in spite of recent jolts to financial markets. The order book for the bonds was more than five times over-subscribed, showing strong appe
House inflation still too high for comfort
Three interest rate rises since August have cooled the housing market sufficiently to rein in runaway house price inflation but the rate of increases in house prices still remains too high for comfort, the latest FT house price index shows. Prices i
Best year for Europe hedge fund launches
New European hedge fund launches hit a record high in 2006, as did the overall volume of assets raised by the fledgling funds, a survey has found. In Europe 423 funds were launched last year, the EuroHedge survey shows. More than half of these were
TradeWeb expands into Asian trade hours
Thomson TradeWeb is expanding into Asian trading hours to allow government bonds to be bought and sold around the clock. The online bond trading platform has linked dealers with customers for fixed income and derivatives in North America and Europe
Moscow raids PwC over Yukos back tax
Russian investigatorsaided the Moscow office of PwC on Friday, stepping up pressure on the ＾big four￣ audit firm ahead of a crucial court case over allegations that it signed off on false accounts by Yukos, the bankrupt oil company./p> About 20 la
Brazilian politician indicted in New York
Paulo Maluf, a prominent Brazilian politician, and four others were indicted on Thursday in New York on charges of stealing more than $11.6m from a Brazilian highway project. A grand jury also charged Mr Maluf, his son and three others with particip
Hollis-Eden Downgraded on HHS Decision
NEW YORK (AP) -- Canaccord Adams analyst Joseph Pantginis downgraded his rating on Hollis-Eden Pharmaceuticals Inc. Thursday after the drug developer's radiation sickness drug candidate was rejected in a federal bid. The stock plunged $1.21, or 28.3
Distributed Energy Systems Shares Plunge
NEW YORK (AP) -- Shares of Distributed Energy Systems Corp., an alternative-energy related company, plunged to a new 52-week low Thursday after reporting a wider fourth-quarter loss that it called "clearly unsatisfactory." The Wallingford, Conn.-base
EastGroup Properties Raises Dividend
European Stocks Finish on High Note
LONDON (AP) -- European stocks advanced Thursday, helped by gains from commodity producers and a batch of mostly well-received earnings from companies including Dutch insurer Aegon and French utility Suez. The pan-European Dow Jones Stoxx 600 improve
