Archive for February 2nd, 2010

Greece: Not the one that you want

Tuesday, February 2nd, 2010

World renowned derivatives expert and best selling author Satyajit Das chats to Lindsay Williams about the Greek Tragedy, other PIGS, Paul Volcker and the curb on behemoth banks, China, Obama, and US GDP…. »

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Posted in EconoCast, MarketCast | 1 Comment »

NAAMSA’s January new vehicle sales

Tuesday, February 2nd, 2010

January new vehicle sales
Johannesburg, February 2 (I-Net Bridge) – The National Association of
Automobile Manufacturers of South Africa’s (NAAMSA’s) new vehicle sales
figures for January are as follows:
Total Vehicles by Manufacturer for January 2010… »

Posted in News | No Comments »

Anglo American: Cynthia Carroll Mining Indaba Speech: 02 February 2010

Tuesday, February 2nd, 2010

Minister Shabangu, fellow delegates… Good morning, everybody. Once again, it’s a great pleasure to address the Mining Indaba……one of the foremost events in the mining calendar.

This morning I’d like to talk to you on three main topics:

First… Anglo American itself… and how we’ve restructured the business to drive sustainable long-term performance… and… »

Posted in News | 1 Comment »

Vodacom Dec Q mobile customers up 9.5% to 40.5m

Tuesday, February 2nd, 2010

Johannesburg, Feb 2 (I-Net Bridge) - South African mobile operator Vodacom (VOD) on Tuesday reported 6.0% growth in group revenue to 15.425 billion rand for the quarter ended December 2009 and 33.2% growth in group data revenue to 1.188 billion rand.
The group reported a 9.5% increase in group mobile customers to 40.5… »

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Vodacom Dec Q revenue up 6.0% to R15.425bn (2)

Tuesday, February 2nd, 2010

Vodacom Dec Q revenue up 6.0% to R15.425bn (2)
Vodacom Dec Q mobile customers up 9.5% to 40.5m
Johannesburg, Feb 2 (I-Net Bridge) - South African mobile operator Vodacom (VOD) on Tuesday reported 6.0% growth in group revenue to 15.425 billion rand for the quarter ended December 2009 and 33.2% growth… »

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DOW 30 INDEX…why it bounced yesterday

Tuesday, February 2nd, 2010

The Dow 30 index bounced yesterday because it had encountered critical support on Friday. If it should take out Friday’s low the Dow’s fate would be sealed…expect a new bear market low!
Tony… »

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Mining Indaba: Cynthia Carroll’s address

Tuesday, February 2nd, 2010

Minister Shabangu, fellow delegates… Good morning, everybody. Once again, it’s a great pleasure to address the Mining Indaba……one of the foremost events in the mining calendar.

This morning I’d like to talk to you on three main topics:

First… Anglo American itself… and how we’ve restructured the business to drive sustainable long-term… »

Posted in News | No Comments »

Clampdown fears belie China’s loose lending

Tuesday, February 2nd, 2010

BEIJING (Reuters) - For all the panic about China’s lending clampdown, the market has lost sight of the fact that the risks of excessive loan growth and hence economic overheating and inflation are still skewed to the upside.

Global markets tumbled on the clampdown, fearing tighter monetary policy would crimp demand from a country providing a… »

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Big banks’ risky trading should be curbed: Volcker

Tuesday, February 2nd, 2010

WASHINGTON (Reuters) - White House adviser Paul Volcker will urge Congress to curb the risks taken by large banks to help prevent them from being treated as “too big to fail,” according to testimony obtained by Reuters on Monday.

Detailing a recent proposal known as “the Volcker rule,” the former Federal Reserve Chairman will tell lawmakers… »

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Australian Dollar Weakens on RBA Decision

Tuesday, February 2nd, 2010

SINGAPORE — Asian stock markets traded mostly higher Tuesday as gains in Wall Street buoyed sentiment, while foreign exchange markets also sprang into action after the Reserve Bank of Australia surprised traders with its decision to hold rates steady.

Auto makers in Japan were higher after Toyota Motor took steps to fix recalled vehicles and as… »

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