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29 Oct 2009 21:02
, Oct 29 23:52, Oct 30 03:52, Oct 30 12:52Bankers Expect Rising Bonus Pay to Break Records in Bloomberg Global Poll In Washington and on Main Street, politicians and voters are railing against Wall Street’s multi- million-dollar pay packages. In the financial world, most executives expect their bonuses to match or exceed last year’s, with 1 in 10 predicting their best-ever payout.
Asian Stocks Rise as Japan's Jobless Data, U.S. GDP Stoke Growth Optimism Asian stocks advanced, paring the MSCI Asia Pacific Index’s first monthly decline since February, as Japan’s jobless rate unexpectedly dropped and the U.S. economy grew faster than economists expected.
New York Eclipses London as Best Financial Center in Global Bloomberg Poll New York has withstood the worst economic crisis in seven decades and remains the leading global financial center, followed by Singapore, which topped London as investors’ preferred place for doing business, according to Bloomberg Global Poll.
Dollar Falls for Fourth Month Against Euro; U.S. Growth Aids Risk Demand The dollar fell toward its fourth monthly drop against the euro, the longest stretch since 2004, as the U.S.’s return to growth renewed optimism a global recovery will quicken, aiding demand for higher-yielding assets.
Goldman Forecasts `Correction' in Asian Stocks in 2010 as Economies Slow Goldman Sachs Group Inc. forecast “sluggish” performance for Asian equities into next year on slowing economic indicators and after a rally from their March lows lifted valuations.
Macquarie Profit Falls 21%, Decides to Split Flagship Infrastructure Fund Macquarie Group Ltd. said first-half profit fell 21 percent and its flagship road fund will split in two as Chief Executive Officer Nicholas Moore overhauls investment vehicles after writing down their value.
Japan Jobless Rate Unexpectedly Falls a Second Month to 5.3% Amid Recovery Japan’s jobless rate unexpectedly dropped to a four-month low in September, adding to signs that a recovery in the world’s second-largest economy is spreading to consumers.
Clinton Presses Pakistan to Dislodge Al-Qaeda From Haven on Afghan Border U.S. Secretary of State Hillary Clinton urged Pakistan to dislodge al-Qaeda, saying some of the country’s officials probably know where the terrorist group is hiding in a lawless region bordering Afghanistan.
Pakistan Bombing Death Toll Rises to 117 as Rescuers Search Through Rubble Pakistan’s death toll from the Oct. 28 bombing in Peshawar rose to 117 and rescue workers are still searching for over 60 missing people.
China Committed to Free Trade Accord, Strong Ties With Australia, Li Says Chinese Vice Premier Li Keqiang said China is committed to a free trade agreement with Australia and developing a broader relationship, as he began a three-day visit aimed at cementing ties strained in the past year.
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