Hints and tips:
...Voyager intends to pursue recovery from 3AC and is in discussions with the Company’s advisors regarding the legal remedies available....
...Listed European companies that have more women at senior levels have benefited from strong share-price performance, Goldman Sachs has found by crunching data for the Stoxx 600 companies since the 2008 financial...
...The Kospi index in Seoul was 0.4 per cent higher as a stronger showing from technology companies helped to offset declines from industrial and financials....
...Fitch’s update on the global economy, issued this week, describes China’s recovery as “more pronounced than anticipated,” including what the rating agency described over the wider year as “a clear improvement...
...● Lex: Tesco — trolleyed ● Fast FT: Tesco’s difficult recovery in 4 charts Toshiba voices ‘substantial doubt’ over its viability The outlook for one of Japan’s most famous industrial names darkened...
...In general, global monetary policy is seen remaining highly accommodative, supporting the recent recovery in risk assets....
...The former controlling shareholder of India’s largest spirits company, United Spirits, Mr Mallya left for the UK at the start of last month, just as creditors of his defunct airline appealed to the courts...
...Equities across Asia-Pacific were weaker, with losses amplified by data suggesting China’s services sector stagnated for the first time in nine years last month....
...SMP Bank said on Sunday that the two credit card companies had resumed payments services after cutting them on Friday....
...Moody’s Investors Service, which provides credit ratings for states and municipalities, looked at the detailed financial accounts for each state and its schemes in the most recent financial year available...
...The Road to Recovery: How and Why Economic Policy Must Change, by Andrew Smithers, Wiley, RRP£18.99/$29.95 Smithers is among the most penetrating economic and financial analysts....
...Buoyed by a trade- and tourism-driven recovery in the emirate’s fundamental economy, officials speak of a sense of optimism that has returned to the emirate since recession in 2009....
...These kinds of casualties were once reserved for gas, which due to seasonal demand and vulnerability to hurricanes was the most treacherous of markets for most of the 2000s....
...For example, its $17.4bn TPG V fund was valued at less than 100 cents on the dollar at the end of 2010....
...Qatar Holding LLC and the Government of Singapore Investment Corporation (GIC) have agreed to underwrite a significant portion of the rights issue, the banks said....
...The big debts that many private equity-owned firms are forced to service are also off-putting....
...Credit card companies also added to the early optimism after Bank of America-Merrill Lynch raised American Express, Capital One Financial and Discover Financial Services from “underperform” to “neutral”....
...A pledge by the G20 over the weekend to keep stimulus programmes in place until the recovery was more certain added to the market’s optimism and boosted financial stocks....
...PART 3: Financial reform FT: When it comes to financial reforms in the United States specifically, what are the most necessary ones? What are the most necessary measures?...
...When the Group of 20 nations representing the leading developed and developing countries met in London and Pittsburgh, they agreed a joint approach to financial reform and economic recovery....
...As the global financial crisis hit the Gulf’s most globalised economy, the services industry buckled amid a property crash, forcing the proud emirate to accept a $10bn bail-out loan from the central bank...
...Oil companies were some of the market’s worst casualties as investors took note of China’s declines and fears about overvalued commodities....
...Peter Harbison, executive chairman of the Centre for Asia Pacific Aviation, an industry consultancy, says the “horrific” figures are made worse by coinciding with rising competition among Qantas, United...
...will soon see the beginnings of an economic recovery....
...The New York Fed expects 39,000, or 9 per cent, of jobs in financial services to go over the next two to three years....
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