ECONOMY

FTSE Index Displayed at LSE

FTSE 100 to Hit 6,100 Mark By 2012 End

Britain's FTSE 100 is expected to hit 6,100 mark by the end of 2012, driven by signs of growth in UK economy, improving European debt crisis and good global economic prospects.
More news
BEWARE THE BONDHOLDER

BEWARE THE BONDHOLDER

Europe's sovereign debt markets were back in focus Wednesday after poorly-received bond sales from Spain and Portugal lifted borrowing costs and hit stock markets across the region.
Apple Shares Heading for $1,000

Apple Shares Heading for $1,000

Apple fever is spreading like wildfire around the world.” That’s according to one American tech analyst, who’s predicted the company’s share price will hit the one thousand dollar mark within the next 12 months.
Japanese Prime Minister Yoshihiko Noda bows in the memory of his people

Japan, Land of the Rising Debt and Age Problems

Japan is going through a period of very hard choices which the current Prime Minister of its coalition government Yoshihiko Noda, is pressing the Diet, Japan's Parliament, to address. On 30 March 2012, Prime Minister Noda submitted laws to double the present sales tax of five per cent, proposing a rise to eight per cent in April 2014 and then to 10 per cent in April 2015. His determination, if necessary, to stake his Government's survival on these laws being passed by the Diet was made pl...
Food Inflation Risks

Will Higher Energy and Food Prices Again Drive Inflation Risks Across Asia?

There are fears that in Asia inflation might return due to higher energy prices, food and wage costs as crude oil prices are expected to range between $125 to $128 per barrel. However, though oil prices are high in absolute terms, Brent crude prices are only 10% higher than a year ago and food prices are still comparitively lower than the previous year.