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Dark Days for Day Traders
Some day traders have thrown in the towel, while others thrive on the volatility
(tags: trading stocks)
The Case for Freeing the WSJ Online
Ever the risk-taker, Rupert Murdoch may be planning to gamble the newspaper’s significant Web subscription revenues on the […]
Original post by FeedZilla
China on Sunday delivered a vote of confidence in the dollar, saying dollar assets form an important part of its foreign exchange reserves and the U.S. currency plays a prominent role in the global monetary system.
Original post by FeedZilla
NEW YORK (MarketWatch) - Stocks crawled back from earlier steep losses Friday after the Federal Reserve and other major central banks intervened in an attempt to jump-start stalled credit markets, with the Dow ending up 58 points, or 0.4% higher, for the week.
Original post by FeedZilla
DARNESTOWN, MD (MarketWatch) — When we slip into the inviting leather seats of a Jaguar XJ, we starting thinking about an evening in a warm, wood-lined British pub.
Original post by FeedZilla
The Dubai Financial Market has revealed that foreign investors last week bought $289.8m shares, comprising 36.2% of the total value of stocks traded. The amount of stock sold by foreign investors during the same period reached $350.2m, comprising 43.1% of the total traded. Net foreign investment on the market consequently decreased by $60.4m over the course of the week.
Original post by FeedZilla
North Korea's Foreign Trade Minister Rim Kyong Man has described Iran as a ’strategic partner’ and hoped both countries, which are currently subject to international sanctions, would be able to boost economic co-operation, reported Bloomberg. The countries signed a deal last week which will enhance ties in the construction and technology sectors, in addition to other economic areas.
Original post by FeedZilla
New entity Borse Dubai is bidding to take a stake of at least 25% in Swedish market operator OMX and this could scupper NASDAQ’s $3.7bn acquisition of the Scandinavian firm, reported Reuters. Analysts believe Borse Dubai has the means to launch a full-blown bid but it is thought the firm is looking for a strategic position for now. Borse Dubai’s new CEO, Per Larsson, was formerly President and CEO at OMX.
Original post by FeedZilla
Istithmar has won the battle to buy the Barneys New York retail chain from the Jones Apparel Group after submitting a bid of $942.3m, reported Gulf News. The offer was lower than Japanese rival Fast Retailing Company’s offer of $950m, but Jones would have had to pay Istithmar a $34.7m contract termination fee after reaching an earlier agreement. Fast’s shareholders had been concerned the firm was paying too much for Barneys.
Original post by FeedZilla
The UAE’s stock markets finished the trading week with moderate gains. Both the Dubai Financial Market and the Abu Dhabi Securities Market rose almost 0.3%, with the former ending at 4,285.8 points and the latter on 3,490.9 points. The DFM is up 3.8% so far this year, while the ADSM is up 16.4%.
Original post by FeedZilla
8-10-07 Wallstrip Chat: Reid Hoffman
To kick off our West Coast Interview series, Lindsay sits down with Reid Hoffman, founder of LinkedIn, to discuss a social networking site where you will never see a picture of your friend passed out drunk.
(tags: for_TM web2.0)
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Original post by FeedZilla