Asian Stocks Rise as Europe Crisis Eases; Nintendo, BHP Shares Advance
Asian stocks rose, with the regional benchmark index paring its loss for the month, on expectation Greece may be allowed to rollover some of its bonds, helping cushion Europe from a banking crisis that could destabilize one of Asia’s biggest export markets.
Source: Bloomberg
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Marshall Auerback: The European Monetary Union is the Titanic
By Marshall Auerback, a portfolio strategist and hedge fund manager. Cross posted from New Deal 2.0 The Iceberg Cometh: An economic and financial crisis will soon be brought about by the collapse of...
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Celebrity moms share benefits of stem cell preservation
By Anna ValmeroTAGUIG CITY, METRO MANILA— Tintin Bersola-Babao and Lexi Schulze Berenguer-Testa are urging Filipino mothers to invest in the “natural health insurance” through preservation of...
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U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
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Kenya: Parliament Resumes Amidst Crisis of Time
Parliament resumes tomorrow amidst panic that there may not be enough time to pass 11 crucial bills before the August 27 constitutional implementation deadline. Legislators resuming from recess already...
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Heartland NZ to raise $35M from share purchase plan
July 19 (BusinessDesk) - Heartland New Zealand Ltd. lifted its capital raising to buy PGG Wrightson Finance to $58 million, with $35 million to be raised from existing shareholders via a share purchase...
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UK banks dragged into eurozone crisis as global markets take fright
Lloyds, RBS and Barclays take £5bn hit as stock and commodity prices plummet, while US urges Europe to be more decisive More than £5bn was wiped off the value of three of Britain's biggest banks on...
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Banking regulation uncertainty may slow share sales in bailed-out banks
UKFI – which controls taxpayers' stakes in RBS and Lloyds – calls for further clarity over work of the independent commission on banking and other regulators Uncertainty about banking regulation...