France plans new banker bonus tax – 50% to be applied to amounts over $39,000
French Finance Minister Christine Lagarde says France is to introduce a tax on bankers’ bonuse...
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Increase in Exports Helps Close US Trade Gap
A weaker US dollar helped boost exports to $136.8 billion for the month of October – a 2.6 per...
Norges Bank hike rates to 1.75%, to combat a potential housing bubble
Content is for general information purposes only. It is not investment advice or a solution to buy o...
Bernanke to deliver the same at the FOMC
Gentle Ben takes center stage again this afternoon. Capital markets want him to take a step back and...
Is Britain Broke? A Look at England’s Financial Reality
Britain is the only major economy still in recession, and while the 4th quarter is expected to show ...
House may revive Glass-Steagall – 1930s law which bans banks owning other financial institutions
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Critics say US inflation “unlikely to last”
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Canadian Home Sales Surge in November
Existing home sales in Canada rose to the tune of 73 percent in November when compared to the same m...
Abu Dhabi May Demand More Power for $10 Billion Dubai Lifeline
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US Industrial Output Hits 3-Month High
Industrial output in the US increased in November as the US economy continues to gain strength headi...
Fed Expected to Separate Monetary and Liquidity Policy
As the US Federal Reserve wraps up its December two-day interest meeting, it is widely expected that...
UK Inflation on the Rise
Year-over-year inflation in the UK rose to an unexpected 1.9 percent in November due largely to risi...
Wholesale Inflation Higher Than Expected at 1.8%
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US November Wholesale Inflation Higher Than Expected
The US Labor Department said today that inflation at the wholesale level jumped 1.8 percent in Novem...
Firmer PPI, however Empire index weaker than expected at 2.6 vs 24.7 exp.
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FI dealers tradinging the rumor of a discount rate hike-draining liquidity
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Nakheel to Abu Dhabi ‘Please Sir, Can I have some more?’
Are Capital Markets under estimating growth in the US? Will current economic conditions allow the Fe...
Dubai Bail-Out Pledge Boosts Euro
The euro pulled back from a two-month low against the dollar today on news that Abu Dhabi would back...
Obama “Candid” in Remarks to Banks
In what is being described as a “candid” discussion with the nation’s banks, Presi...
Exxon Turns to Natural Gas
Exxon Mobil Corp., the biggest U.S. oil company, agreed to buy XTO Energy Inc. for $31 billion in a ...