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18 September, 2008

Sluggish Retail Sends New Signal of Slowdown

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The finished goods price index went down 0.9 percent in August after experiencing a slight 1.2 percent increase in July.  The index measures the price ...

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17 September, 2008

UBS shares sink on writedown fears

UBS AG, a Swiss bank is now under new pressure due to fears it had sold a huge portfolio of risky mortgages at deep discount ...

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17 September, 2008

Sterling recovers from lows

The Sterling gained higher than the dollar and Euro on Monday as investors are taking profits after a bad fall by the UK currency last ...

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finance headlines
15 September, 2008

FTSE 100 up as resources power higher

Banks were strong even as the fates of Lehman Brothers were not certain while FTSE index gained a near-2 percent on Friday.  The FTSE 100 ...
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15 September, 2008

HK shares dip; properties and power plays shine

Chinese financial sales pushed Hong Kong shares 0.2 percent lowers on Friday even if a rebound on local property gains in power stocks on issues ...
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financing website
15 September, 2008

Miners help European stocks stop losing streak

Energy stocks were back on track as oil prices raised while European stocks rose higher on Friday. This snapped a three-session losing streak. The FTSE ...
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