Kyoto
- 11 May 2010 03:19
- 2 of 5
Morning all. Market reports:
Telegraph
The Times
The Times (Need to know)
FT
The Guardian
The Independent
This is Money
Britain's high street saw sales fall 2.3% as pre-election uncertainty and the timing of Easter dented figures for last month. The latest snapshot from the British Retail Consortium (BRC) and KPMG revealed a partial unwinding of the 4.4% like-for-like improvement seen a month earlier, when sales were boosted by the inclusion of most of the Easter holiday.
High street hit by pre-election uncertainty as sales drop 2.3%
Regulators, politicians, media types, investors and exchanges are still trying to figure out just what happened to cause that sharp, sudden and scary plunge on Wall Street last Thursday.
BarCap on that flash crash: a perfect storm
Shares in Moodys fell more than 12 per cent as investors reacted to news that the agency was facing charges over a $1 billion ratings blunder.
Moodys falls sharply after threat of action over $1bn mistake
Banks could be prevented from taking the other side of investments that they create for clients, as the Goldman Sachs fraud allegations continue to reverberate on Wall Street.
US plans law to ban banks betting against clients
India has blacklisted Chinese mobile phone equipment makers from contracts potentially worth billions of dollars, alleging that their products could be used for spying and cyber-warfare by the Peoples Liberation Army.
India blocks deals with Chinese telecoms companies over cyber-spy fears
Greystone
- 11 May 2010 05:53
- 4 of 5
Good morning traders!
In the US last night, the Dow gained 405 points at 10,785, the Nasdaq Composite
added 109 points at 2,375 and the S&P500 rose 49 points at 1,160.
In Asia today, the Nikkei was last down 70.3 points at 10,460.4, while the Hang
Seng ended the morning off 291.28 points at 20,135.36.
Crude oil traded at $77.22 a barrel on Nymex.
Gold settled at $1,204 an ounce.
Happy trading!
G.