Government cuts for 2015 announced by George Osborne
The British Chancellor of the Exchequer, George Osborne, announced the cuts that he plans to make in government spending in 2015, the year of the next general election. The Chancellor felt it was necessary to cut More...
US house prices see biggest rise in seven years
House prices in the United States increased by 12.1% year-on-year in April, its biggest single month climb in seven years. The results below expectations out of the water as the Standard and Poor’s data, which More...
Sir Mervyn King leaves with a message to the worlds governments
Sir Mervyn King, the Gov of the Bank of England, today insisted that economies across the world were “nowhere near” the position that would be required for them to go back to what would ordinarily be More...
Asian stocks mostly down, China woes continue
Asian stocks were down again on Tuesday, following on from Mondays catastrophic session in which the Shanghai Composite index suffered its biggest single day decline in 48 months. China has now undertaken measures More...
FTSE extends five month low, China plays on investors minds
The FTSE 100 fell again today, reaching its lowest point since the turn of the year, as the economic climate in China continues to pull down the price of equities across the globe. Miners were once again on the More...
Vodafone offers $114 per share for Kabel Deutschland
Vodafone has made an official bid of $114 per share for Kabel Deutschland. The negotiations have been ongoing for some time now, and were almost brought to a close as Liberty Global, who bought Virgin Media in More...
Asian stocks fall as China heads towards banking crisis
Asian stocks declined early on Monday as the region fell deeper into financial uncertainty. After the worse than expected data that came out of China at the back end of last week, China saw its forecast for growth More...
Week in Review: 17th – 21st June 2013
In last week’s edition of The Advance we almost exclusively covered the Federal Reserve’s meeting of policymakers, suggesting that the beginning of the week would be slow and the backend of the week More...
US stocks rebounds to end week on a high
Highlights: S&P500 and DJIA advance, NASDAQ slips Tech stocks fall Dell reject $14 offer of 3rd party shares US stocks rebounded from Thursday’s declines of 2.5 percent, shaking off its biggest More...
FTSE 100 declines as stimulus hits Europe
Highlights: FTSE slides for fifth consecutive week RBS plummets 7.2 percent on speculation of a break up Analysts predict that declines should end soon The FTSE 100 slid again today, completing a straight month More...