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Asian Banks Slip, Shippers Gain Asian equity markets were mixed Thursday, with shipping shares surging on rising demand while Japan's Nikkei fell 0.8% after declines on Wall Street. Wall Street JournalKazakhmys, other miners lead FTSE 100 European equities markets saw gains Wednesday on better news than expected form the UK and US services sectors as reports showed that contraction of the sectors in both economies is slowing.In London the FTSE 100 added 1.54 percent to 4,228.6 while the FTSE 250 gained 3.12 percent to 6,321.81.Miners took four of the top five [...] Finance MarketsDespite All the Law Firm Cuts, New Partners Continue to Appear The number of newly minted partners at law firms has generally plummeted since last year -- an obvious bow to economic reality. But then how to explain that some firms have increased their number of new partners over their numbers last year -- even firms that have had layoffs, like Cadwalader, Wickersham & Taft? Some firms may be acting on decisions or promises made long ago, when the economy was not such an issue. And it's likely that there are more new income rather than equity partners among the batch. LawLife expectancy and equity release interest on the rise Rising life expectancy in the UK is likely to prove of interest to equity release providers, who are already optimistic that 2009 will be a year of strong growth for the sector.According to the Office for National Statistics, life expectancy for a UK male has increased by 26% in the past 20 years. For females, [...] Finance MarketsFTSE higher after data beat forecasts London equities rose on Tuesday, helped by strongert economic data than forecast and well-received annual sales figures from the insurance sector FT.comSupply Build Drains Crude Crude futures fell slightly as U.S. oil inventories jumped and equities fell, indicating that the economy -- and oil demand -- are still weakening. WSJ.comBest-Performing Stock Funds in JanuaryThe Street Aviva confirms cut in agreed £1bn pay-out Britain's biggest insurer is to cut an agreed £1bn payment to 1m policyholders, a move that it said reflected reflect 'substantial reductions in the value of equity and property investments' FT.comCredit Suisse appoints new analyst for Japanese equity research department Credit Suisse has announced that Shinji Kuroda has joined its Japanese equity research department as an analyst covering Japan's machinery sector. Banking Business ReviewFord gauges interest over Volvo sale Ford Motors has begun approaching potential buyers for its Volvo Cars subsidiary including Asian car companies, Swedish funds and private-equity investors to weigh the possibility of a sale, reported the Financial Times. Automotive Business Review1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
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