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Daily Archives: January 11, 2011
Wariness about the euro
Given the ongoing credit crisis in Europe, even some of the architects of the single currency has expressed pessimism on its future. One of these is Otmar Issing who became a part of the European Central Bank in 1998, a … Continue reading
Posted in Europe, Headlines
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Reads
Here are some stuff online that might catch your fancy: Fed’s Crisis Investments Are Showing Big Returns The Federal Reserve is set to deliver a record $78.4 billion to the Treasury from its investments last year, a 65 percent increase … Continue reading
Posted in Reads
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Painting the Philippine Picture: 11 Jan
The Philippine market is facing a second day of steep correction following yesterday’s slump of of 90 points or 2.14%, which saw the PSE close at 4,112. This was the biggest since December 9 when it shed 73 points. However, … Continue reading
Posted in Local News
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What’s new in Laos?
The country opens its stock exchange today. A good thing for the country or any that chooses to develop their financial markets. —– Update: Here are details on the new exchange, courtesy of The Guardian. Lao Securities Exchange located in … Continue reading
Posted in Headlines
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Asian markets continue sell-off
Most markets in Asia are still in the red as credit concerns in Europe continue to worry investors in the region. Spare the Hang Seng and the Straight Times index, which are up by 80 and 1.5 points, respectively, everything … Continue reading
Posted in Markets
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Alcoa reports profit, beats estimates
Kicking off the earnings season is Alcoa after the market closed Monday afternoon. The aluminum maker reports a profit of $258million or 24 cents a share for the fourth quarter, beating street estimates. This compares to the $277million loss or … Continue reading
Posted in Earnings
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buzz on the street! 