Archive for April 7th, 2010

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The rally has stalled. Data provided by I-Net Bridge, read by Lindsay… »

Following on from last night’s chat with Cees Bruggemans about the efficacy of the economic recovery, we talk to a leading stock broker about the reality of the rally. Don’t miss David Shapiro in conversation with Lindsay… »

Cape Town, Apr 7 (I-Net Bridge) - The militant TAU SA (formerly the Transvaal Agriculture Union) said on Wednesday that the murder of the Afrikaner resistance leader, Eugene Terre’Blanche, “was no ordinary crime, but a political murder, probably involving government”.
Ben Marais, the union president,… »

The Merchantec CEO Confidence Index, released on Wednesday, continued its rise, gaining a further four points to 64.18 in the first quarter of 2010 and recording its third consecutive quarterly gain from the 2009 second quarter low of 48.13.
“Coming off a low base, it is not surprising that CEOs have a… »

Johannesburg, Apr 7 (I-Net Bridge) – The JSE was mixed at its opening on Wednesday amid some profit taking, while international markets also appeared unsure of further direction with Dow Futures slightly weaker.
By 09:15 the JSE all share index was off a fraction, down 0.17%, with… »

A sudden sell-off in Greek sovereign bonds yesterday has pushed up the cost of borrowing for the embattled state to record levels, casting doubts on its ability to refinance up to €15 billion of debt over the next two months.

The surge in Greek bond yields, which reached 7.1 per cent, prompted the Finance Minister to… »

Goldman Sachs has issued a defence of its actions during 2009, insisting that it did not “bet against” its clients and that the trading decisions made prior to the financial crisis were robust.

In its longest-ever letter to shareholders, the investment bank attempts to counter its critics, repeatedly stating the primacy of its clients and emphasising… »

(Reuters) - The economic shock of global recession has led a prime exponent of the theory conventional oil output has peaked to shift his view of the consequences, but he still thinks the world has to go green.

Retired petroleum geologist Colin Campbell, who worked for major oil companies as well as smaller firms, has long… »

(Reuters) - China will keep the yuan basically stable while alerting exporters to potential risks to minimize their losses, a powerful central planning agency said in a statement reported on Wednesday.

The National Development and Reform Commission did not elaborate on what such risks might entail, but the wording hinted at China’s readiness to resume appreciation… »