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This is Money
Greeces spreads are now trading around 290bp, a considerable improvement from the 400bp+ levels seen in early February. However, they are still significantly wider than its European peers, reflecting the risks that lie ahead in refinancing its debt and the ambiguous level of support from the EU.
CDS report: Storm over Greece subsides
Retail sales rose last month, reversing a dismal start to the year when Januarys icy weather kept shoppers at home, but they still fell short of raising hopes for an impending recovery on the high street.
High streets sales rise provides cold comfort
House prices may start rising again after last month's fall but the market will drop later in 2010 and this time the correction could last for several years, economists warn.
House prices could fall for several years
Specifically, SSE head Geng Liang has unveiled draft rules for his exchanges long-promised international board, Reuters reported on Monday. This will allow overseas companies to get listed on the mainland at long last, and issue renminbi-denominated shares. That promises to be quite an IPO bonanza, after a fallow period. An Asian Big Bang, even?
Outshone by Shanghais rising sun?
Morgan Stanleys Graham Secker offered three reasons, to be precise. High demand for income given demographic changes. Less income competition from fixed income. Range-bound market.
Reasons to buy high yielders