Monday, March 24, 2008

South Africa: Besa Sets Record for Bonds


... but Greubel said it would take another couple of months. One source said the JSE was opposed to the recapitalisation of the bond market and thought better market efficiencies ...

Pax Bernankeana

Gold prices managed to add nearly $10 in overnight Asian trading and returned to the $920 value zone after a string of losses for the week the magnitude of which has not been seen since 1990. While some there was some scattered

Commodity Prices may be Down, but not Out

Commodity prices falling almost as fast as they rose this year raise questions again on the wisdom of investing in such markets, but those in the game for long will say its worth it, a market researcher said. Some are asking if commodity prices in general had gone up too high, too fast, leading to a bubble.

Egypts Alcotexa sells 100 tonnes cotton in week

CAIRO (Reuters) - The Alexandria Cotton Exporters Association (Alcotexa) said on Sunday it committed in the week ended March 22 to sell 100 tonnes of cotton for export.

Saturday, March 22, 2008

China banks to face harder times after bumper 2007

HONG KONG (Reuters) - Chinas huge banks are poised to report strong profit growth for 2007, thanks to a surging economy and stock market bull run, but 2008 is set to be a tougher year for the top three Chinese lenders.

Inflation-proof your portfolio

Think of inflation as a menace you can manage -- if you take the right steps. Here are three things to consider to help ensure your money will last as long as you do.

Dow falls 293 as commodities slump

Gold falls under $1,000; crude oil drops 4.5%. Concerns about more write-downs at Merrill Lynch hit financial stocks. Visa shares jump 29% on the companys first day of trading. Morgan Stanley profits are better than expected.