Global markets soar after US interest rate cut

Asia-Pacific equities markets saw gains, many of them substantial, on Wednesday after the US Federal Reserve decided on Tuesday to cut US interest rates by 0.5 percent to 4.75 percent. The only major exception was the Shanghai Composite, which dropped 0.55 percent to 5,395.26 in China. In Taiwan, the Taiex added 0.3 percent […]
Northern Rock shares drop again in London

London’ equities markets saw substantial declines again on Monday. The FTSE 100 was 1.69 percent lower to 6,182.8 and the FTSE 250 dropped 1.91 percent to 10,745.3. Northern Rock (LSE: NRK) was the biggest decliner on the 100 as it fell 35.45 percent to 282.75p, followed closely by Alliance & Leicester (LSE: AL) […]
Mixed day on global equities markets

Asian and Pacific equities markets were mixed on Monday. In Australia, the Sydney Ordinaries added 0.08 percent to 6,192.2, while in India the Sensex was 0.22 percent higher to 13,928.33 and the Straits Times index in Singapore gained 0.83 percent to 3,388.48. On the other hand, the Hang Seng index dropped 0.05 percent […]