Think the TARP tax rocked the market? That doesn’t compare to the next possible jolt it may get.
But don’t panic –  this jolt should be bullish and take the market higher.
Now make no mistake – this is strictly chatter from the forex markets and they’re “the Wild West,” explains top trader Brian Kelly of Kanundrum. A [...]

China, forex, inflation, Interest rates, investments, stock market Hide

WASHINGTON: New claims for jobless insurance benefits in the United States dipped after posting a rise over two consecutive weeks, official data showed on Thursday.
The seasonally-adjusted initial claims in the week ending January 23 were down to 470,000, a decrease of 8,000 from the previous week’s revised figure of 478,000, the Labour Department said.
The latest [...]

unemployment, US Hide

Higher returns equals higher risk. It’s a basic fact of investing, yet working out just how much of a gamble you are willing to take with your cash is far harder to pin down.
The other side of the coin is when investors get so caught up chasing high returns that they ignore the risk element.
So [...]

earnings, investments, risk, Risk Management Hide

There is a “serious risk” the global economy could slip back into recession if worldwide government stimulus measures are taken away, George Soros, chairman of Soros Fund Management, told CNBC Wednesday.
“The global economy has been stabilized; the artificial life support has worked. But we are not out of the woods because if we withdraw the [...]

Euro Zone, recession, recovery, stimulus Hide

DAVOS, Switzerland: Bankers on Wednesday hit out against over-regulation, with the head of British giant Barclays warning that cutting big banks down would hurt employment and the economy.
While politicians including French President Nicolas Sarkozy said he backed US clampdown plans, others like China’s deputy central bank chief Zhu Min saw no reason for the finance [...]

Bank failures, recovery, unemployment, US Hide

For Singaporeans looking to invest in property, the home market is just one option.
Ms Jacqueline Wong, head of residential at Jones Lang LaSalle (JLL), says that as prime residential properties in Singapore become more expensive, investing overseas becomes an affordable option.
This year, investors may want to venture further – particularly to Britain and Australia, cited [...]

housing, housing loans, investments, UK Hide

HONG KONG : Hong Kong stocks have come under pressure amid worries over further credit tightening measures by China.
The Hang Seng is down by some 8 per cent for the year, and 13 per cent lower than its peak in mid-November 2009.
Market watchers have said they expect further weakness in the coming sessions as outflow [...]

China, credit, fears Hide

GENEVA: The UN’s labour agency on Tuesday warned of the threat of a “jobless recovery,” as it revealed that global unemployment had surged in the economic crisis to leave a record 212 million people jobless.
The International Labour Organisation forecast that unemployment rates would remain high through 2010 despite the economic recovery and continue rising in [...]

recovery, unemployment Hide

LONDON : Britain on Monday led a push for a global deal on reforming the banking sector that could include widespread agreement for an extraordinary tax on lenders amid concerns that the US may go it alone.
Paul Myners, the minister charged with overseeing Britain’s financial services sector, said international agreement on the issue “would be [...]

Bank failures, taxes, UK Hide

DAVOS, Switzerland : Global leaders and bankers will be looking for firm signs at the Davos forum this week of China’s determination to control the hot money pouring into its economy.
A year after China’s Premier Wen Jiabao sternly lectured the United States and other western nations at the World Economic Forum for causing the international [...]

bubble, China, credit, global markets, housing, investments, subprime Hide