Most Asian indexes ended lower after China said it will reduce investment in industrial sectors like steel and cement, which said fears about the country's economic recovery. The announcement Wednesday that Beijing plans to cut the capacity of the steel sector came after economists warned that the stimulus of 4,000 million yuan (586,000 million) was creating an excess in various sectors. _que The Shanghai composite index had strong fluctuations during the last two semanas_ remained almost unchanged, falling back 0.7% to 2946.40, while Hong Kong's Hang Seng lost 213.57 points, 1 %, to 20,242.75. In Tokyo the Nikkei 225 gave up 165.74 points, or 1.6%, to 10,473.97. In Europe, Britain's FTSE 100 fell 0.4%, the German flag DAX lost 0.9% and France's CAC-40 declined 0.5%. Later, on Wall Street the Dow Jones industrial average rose for the eighth consecutive day series of conferences with _su longest of the year _ gains, winning 37 points. Other indexes advanced about three points. The strong gains in financial and industrial stations helped to overturn the market, overwhelming losses in energy and services sectors. » More: Caen markets in Asia and Europe, slightly higher on Wall Street
Archive for August, 2009
Caen markets in Asia and Europe, slightly higher on Wall Street
August 28th, 2009Medvedev had very substantive talks with Lukashenko
August 27th, 2009in Sochi today held talks between the presidents of Russia and Belarus – Dmitry Medvedev and Alexander Lukashenko .
As transmits radio Freedom , Russia President called them very meaningful. They discussed economic cooperation, the coordination of foreign policies of both countries, regional security issues.
Information Agency reported, citing sources in the environment of the two leaders that matters Russian credit were not discussed. Was not affected and the subject of the recent conflict around the Belarusian exports to Russia of dairy products. » More: Medvedev had very substantive talks with Lukashenko
Hikes in Asian stocks and Wall Street, down the European
August 27th, 2009The FTSE 100 most capitalized companies in Britain ended with a fall of 0.53%, the DAX index of the Frankfurt stock exchange fell 0.63%, and barometer CAC-40 dropped the Paris Bourse 0, 33%. German stocks fell despite data showing the country's business confidence rose in August for the fifth consecutive month. The Ifo index in the survey, which receives much attention from the market, rose to 90.5 points on which registered 87.4 in July, approximately what was expected, while confirming that Europe's largest economy is rebounding. On Wall Street, the Dow Jones industrial average managed to advance for a seventh straight day, reaching another peak so far this year. All major stock indicators also closed in positive territory, but the gains were tiny. Although the economic numbers are improving, investors are wondering whether the market can maintain a bull run that has fact that stock prices have advanced more than 45% since early March, with no clear signs of economic growth. According to preliminary calculations, the Dow rose 4.23 points (0.04%) to 9543.52 points, while the Standard Poor #39; s up 0.12 points (0.01%) to 1028.12. » More: Hikes in Asian stocks and Wall Street, down the European
France says ETA has suffered its biggest blow in years logistic
August 26th, 2009The operations have allowed locate the hideouts of material have been carried out following the recent increase in activity of the group, which has killed the national police Eduardo Puelles and two civil guards in two months.
zulos findings coincided with the arrest last week of three persons responsible for the logistics of ETA, although researchers ignore at this stage whether this is the same network or more.
The blow to ETA's logistics is very important, there have been no discoveries of its kind since 2004, said public prosecutor of Paris, Jean-Claude Marin, told a news release. Marin recalled that one hundred were convicted ETA members in France and about sixty were in custody, giving researchers a good idea of operation of the band. What is clear is that actions are ordered at the highest level, said the French prosecutor, recalling the recent ETA attacks in Burgos, against a barracks, and in Mallorca , where he killed two civil guards on 30 July. After the seven weapons caches and explosives were discovered last week, security forces found three caches on Monday and Tuesday two more in the departments of Tarn and Herault, southern France. » More: France says ETA has suffered its biggest blow in years logistic
Honduras did not suffer capital flight but deposits fell by crisis
August 26th, 2009We fear that there were indicators that demonstrate currency outflow of deposits in the country, initially happened that the rate fell decrease (bank deposits) from 10% to 6%, peroahora are recovering, said Figueroa aperiodic statements. According to Figueroa, the decline in public deposits in financial discover our exclusive special Honduran, he said, had some time is something that has been detained. We are reversing that trend towards the growth of public deposits nuevode he said. But as mentioned, economies bottomed ahorapor and therefore we are growing again, said Figueroa enalusion the general trend in the region, after attending unareunion Council of Superintendents of Banks, Insurance and other institutions. In argument to represent a technical agency, Figueras declined to answer questions on crisisdesatada policies in their country after the overthrow of Manuel Zelaya the pasado28 June and the appointment of Roberto Micheletti as nuevopresidente the country. » More: Honduras did not suffer capital flight but deposits fell by crisis