China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
THE sharemarket recovered strongly from a six-month low,with the resources sector leading gains after the People's Bank of China vowed to prevent a credit crunch in Australia's biggest trading partner and the world's second-largest economy. ...
Tags: sharemarket, trading partner, BHP Billiton, Rio Tinto
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
China credit crunch fears sent the stockmarket tumbling almost 1.5 per cent lower, with investors fleeing materials as China called on its banks to control credit expansion risks and declared liquidity in its financial system was at "a ...
Tags: China, Investors, Banks, Financial System
The UK market was at its seasonal low in February, although one should avoid any undue gloom…demand was entirely in line with expectations. Indeed, it may surprise you to note that January was actually up some 8% up on the same month ...
Tags: Raj Bhardwaj, Recycled Containerboard Prices, Head of Steam
A TOP BlackRock executive said there was little evidence of a meaningful switch by global investors into equities from fixed-income assets, even after recent strong sharemarket gains. "There appears to be a lot of cash coming off the ...
Tags: shares, investors, sharemarket
A new range of books and dolls - Book Babies - is "just right for the Slow Toy movement", says the company. The products - on display on Toy Fair 2013 stand 152 - include plush ragdolls and books aimed at inspiring children from three ...
Tags: Book Babies, Slow Toy movement, toy
Research of 55 bank CIOs reveal how companies ravaged by recession are investing in IT to help them emerge stronger. The financial crisis which began with the credit crunch in 2008 and the subsequent collapse of investment banking giant ...
Tags: finance CIOs, IT
In 2008 London accounted for 33.8%of new UK IT jobs.Most other regions recorded a reducing share of new jobs. A large proportion of London-based IT jobs are in the financial services sector which was hit hardest by the economic slowdown ...
Tags: IT workforce, London
The industry that you expect to hit the IT headlines on a regular basis has not let us down in the last 12 months,despite continued tough market conditions. With customer demands changing,banks have to innovate around things like mobile ...
Tags: Financial Services, IT, bank, mobile banking, Barclays, RBS
More than half of shoppers change their meal plans according to which products are on promotion at supermarkets, claims new research published by the grocery think-tank IGD’s ShopperVista team. Better-off families and young ...
Tags: meal plans, shoppers, IGD, food
Good night, good night All that remains is for Paul McCartney to sing us off to our slumbers. It's been a terrific night, a glorious ceremony, a rousing history lesson and far and away the best film that Danny Boyle never made. Thanks ...
Tags: Olympics, opening ceremony, democratic spirit, Olympic flame
(Reuters) - China's economy offered more evidence of a seventh straight quarter of slowing growth on Monday, with an official survey of factory managers remaining in contractionary territory for a second successive month despite improving ...
Tags: Market View, Fasteners
Dr. A Sakthivel Chairman Apparel Export Promotion Council (AEPC), reacting to the RBI mid quarterly review of its monetary policy stated that, “We are not happy with the non reduction of repo rate in quarterly review. “The ...
Tags: AEPC, RBI, monetary policy, CRR
The global financial services sector still faces upheaval, five years after the credit crunch decimated its ranks. But how have IT strategies changed in the years since the UK government was forced to nationalise Northern Rock? Five years ...
Tags: global financial services, IT strategies, IT infrastructure, software