Wednesday 10th March 2010
CFTC urges end to derivatives secrecy
A leading US financial regulator called for the prices of derivatives trades to be disclosed in the same way as stock prices, saying only large Wall Street banks benefited from the current lack of transparency
Read the whole story at FT.com
Wednesday 10th March 2010
Queensland picks banks for A$7bn rail IPO
The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail’s coal and freight arm, expected to be Australia’s biggest listing this year
Read the whole story at FT.com
Tuesday 9th March 2010
Spotlight on use of government bond yields
Questions being asked about the use of developed countries’ government bond yields as the risk-free rate investors benchmark other assets against
Read the whole story at FT.com
Tuesday 9th March 2010
Wall St up on one-year anniversary of bottom
US equities rallied modestly a year to the day since markets closed at their lows during the financial crisis, as investors took stock of the recovery
Read the whole story at FT.com
Tuesday 9th March 2010
Beijing still keen to buy US bonds
China’s investments in US Treasury bonds are continuing ‘every day’ and should not be politicised, according to the head of China’s foreign exchange administration, which manages $2,400bn in forex reserves
Read the whole story at FT.com
Tuesday 9th March 2010
Disappointing data weigh on sterling
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK’s banking sector and fiscal health weighed on the pound
Read the whole story at FT.com
Tuesday 9th March 2010
Techs reflect on decade since dotcom boom
In January 2000, 17 dotcom companies paid more than $2m each to advertise during the Super Bowl, the season-ending national championship game for American footbal
Read the whole story at FT.com
Tuesday 9th March 2010
Mortgage bond spreads at record low
The risk premium on Fannie Mae and Freddie Mac mortgage bonds has dropped to a record low even though the Fed is poised to end its market support for these bonds
Read the whole story at FT.com
Tuesday 9th March 2010
Sugar suffers as India raises output estimate
Sugar prices endure another pounding after estimates for India’s production this season were revised higher
Read the whole story at FT.com
Tuesday 9th March 2010
Steel groups lifted by improving outlook
Rautaruukki Oyj climbed after Finland’s biggest producer of steel benefited from a broker upgrade on the back of improving sentiment towards the industry
Read the whole story at FT.com