Author Archives

  • UK BUDGET

    Pointers from the UK Budget: The Chancellor, Mr, George Osborne, cut the income tax rates in UK from 50 per cent to  45 per cent on earnings above GBP 150,000 effective 2013. Personal allowance, an amount earned prior to qualify… Read More ›

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  • MORNING EQUITY WRAP

    GLOBAL According Ben Bernanke financial stress in Europe has eased recently, but risks remain for U.S. financial institutions and money market funds. (WSJ) According to a survey of fund managers conducted by BOFAML in March, reveals that investors are positive… Read More ›

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  • GAME GROUP PLC’s SHARES SUSPENDED

    The shares of gaming retailer, Game Group Plc have been suspended from trading as the company states that it has no equity value left in the group. (Source: FT)

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  • GLOBAL MARKET WRAP

    GLOBAL Stock markets over the world retreated from a recent positive trend over concerns of a slowdown in the Chinese economy. Comments made on Tuesday by mining company, BHP Billiton, revealed that China’s demand for iron ore had decreased in… Read More ›

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  • UK INFLATION DATA (FEBRUARY 2012)

    UK inflation data According to a report from the Office for National Statistics, CPI annual inflation for the UK is placed at 3.4 per cent for February 2012 which is down from 3.6 per cent in January. Fall in inflation… Read More ›

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  • DAILY EQUITY WRAP (19 March 2012)

    INDIA Reliance Industries – Co.’s shares lost over 1 per cent after its KG-D6 gas output hit all time low as the company shut 6 wells. (CNBC-TV18/PTI) Rcomm – the undersea cable unit of co. has applied to list in Singapore with… Read More ›

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  • THE WEEK-END EQUITY COVERAGE

    NORTH AMERICA -Chevron – Brazilian regulator and officials from the local unit of the co. confirmed the discovery of new oil sheen of the Frade offshore oil field. The leak is the second spillage accident from the Frade filed. Co…. Read More ›

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  • THE WEEK-END ECONOMIC COVERAGE

    ASIA -Chinese Vice-Premier Li Keqiang cut China’s official 2012 growth target to 7.5 per cent, down from 8 per cent targeted in each of the last eight year, aiming to create leeway to deliver reforms of items including subsidies, without… Read More ›

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  • THE UNION BUDGET 2012-13

    The Union Budget 2012-13 The atmosphere was all set on 16th March 2012 in New Delhi for one man, India’s Finance Minister, Mr. Pranab Mukherjee, to unveil the Union Budget of India for FY 2012-2013. A summary of the session… Read More ›

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  • THE GREEK DEBT SWAP

    The Greece government got some respite on Friday (9th March 2012) as it received the consent from creditors to push ahead with the EUR 206 billion debt restructuring plan. Through the collective action clause (CAC) all of the EUR 177… Read More ›

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