Jan 6 2009, 10:16:00
FSA to lift short selling ban
An emergency ban on the short selling of UK financial stocks could be lifted later this month under new proposals from the Financial Services Authority (FSA).
Jan 6 2009, 09:57:50
Japanese market closes at two-month high
Rising optimism that the incoming administration of US president-elect Barack Obama will enact a new round of economic stimulus measures triggered a wave of buying on Japan's major stock market, with the benchmark Nikkei 225 hitting a two-month closing high on Tuesday (January 6th).<br/>
Jan 6 2009, 02:53:37
Parties clash over savings proposals
The three main political parties have clashed over their approaches to the economic downturn after Conservative leader David Cameron unveiled plans to cut the duty on savings income for all basic-rate taxpayers.
Jan 5 2009, 11:49:24
Brown 'not considering new bank bailout'
The government is working on new ways to increase banks' lending to businesses and individuals but it is not considering a second "bailout" of industry using taxpayers' money, the prime minister has said.
Jan 5 2009, 09:34:34
New year hopes send Nikkei to 2-month high
Japan's Nikkei 225 closed at a two-month high on Monday (January 5th), reflecting investors' hopes that the benchmark index can put 2008's worst-ever annual performance behind it and advance on the back of new economic stimulus plans.
Jan 5 2009, 05:51:19
Concerns over car sales hit US shares
Wall Street kicked off the first full week of trading in 2009 with early losses as investors braced themselves for what are expected to be weak end-of-year sales figures from the automotive industry, according to reports.
Jan 5 2009, 05:41:24
Survey: 91% of DB pension schemes closed to new members
A new survey report published by the Association of Consulting Actuaries (ACA) has revealed that small firms have closed some 91 per cent of defined benefit (DB) pension schemes to new members.
Jan 5 2009, 05:38:42
Neglecting rent insurance protection "a gamble"
Landlords who fail to take out rent insurance protection may be taking "a gamble", according to the managing director of Let Insurance Services.
Jan 5 2009, 05:36:36
Easing costs could boost saving, says NS&I
People may find they are able to save more money as costs continue to ease, according to a spokesman for National Savings and Investments (NS&I).
Jan 5 2009, 04:56:49
Rapid fall in property values presents "good opportunity" for buyers
The rapid decline in house prices over the past few months has presented first-time buyers with a "good opportunity" to get on the property ladder, an expert has said.
Jan 5 2009, 04:07:51
UK personal debt tops ?1.45trn
Total personal debt in the UK topped £1.456 billion in November 2008, rising by £56 billion in a year - or around £1 million every ten minutes, according to the latest figures from Credit Action.
Jan 5 2009, 04:06:31
Falling oil prices a "double-edged sword" for economy
Plummeting global oil prices could provide a vital boost to the UK economy over the next three years, but their decline may still prove a "double-edged sword", a new report has warned.
Jan 5 2009, 03:25:18
"Bleak" year ahead for mutual funds
Mutual funds face an uphill battle in 2009 as investors continue to withdraw their assets, more investment pools close and new launches slow to a "crawl", industry observers have warned.
Jan 5 2009, 01:51:39
US lawmakers 'to grill regulator over Madoff scandal'
The US market regulator, the Securities and Exchange Commission (SEC), is expected to "come under fire" from lawmakers in Washington over its handling of the Bernard Madoff investment scandal later today (January 5th).
Jan 2 2009, 09:30:21
Hang Seng opens 2009 on positive note
Hong Kong's Hang Seng index started the new year with a positive performance, climbing to a two-week high as investors found fresh hopes for another round of aid for the global economy.
