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  • We're in our home, Gaddafi says Wednesday, July 20, 2011 @ 2:08AMLibyan leader Muammar Gaddafi has vowed to resist both rebels and Nato air strikes, as the rebels sought to consolidate gains on one front and readied to push forward on another.
  • Kadhafi defiant as Libya rebels consolidate gains Wednesday, July 20, 2011 @ 1:53AMLibyan leader Moamer Kadhafi vowed to resist both rebels and NATO air strikes, as the insurgents sought to consolidate gains on one front and readied to push forward on another.
  • Apple lifts Asian tech sector Wednesday, July 20, 2011 @ 1:51AMAsian shares rose on hopes that an 11th-hour deal in US debt talks would avert a rapidly approaching default while blowout results from Apple lifted the tech sector which is likely to extend gains into European trading as well.
  • Academics give nod to bank stability rules Wednesday, July 20, 2011 @ 1:51AMThe latest package of capital proposals by the Financial Stability Board have been welcomed by researchers at NIESR and Brunel University.
  • No state spending spree for Mass. Wednesday, July 20, 2011 @ 1:46AMState tax revenue came in $723 million higher than expected, leaving state government with a budget surplus, but local legislators said Tuesday they are in no hurray to spend the windfall.
  • Home building shows 14.6 percent increase in June Wednesday, July 20, 2011 @ 1:41AMBuilders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring.
  • Outokumpu´s second quarter 2011 - heavy restructuring actions taken, stainless market weaker Wednesday, July 20, 2011 @ 1:25AMPRESS RELEASE 20 July 2011 at 9.10 am EETHighlights * Underlying operational result some EUR -5 million * Non-recurring costs EUR -138 million * Operating loss EUR -169 million * Capital gains EUR 242 million * Profit before taxes and earnings per …
  • Arizonans spending more Wednesday, July 20, 2011 @ 1:15AMPHOENIX -- Arizonans continue to pick up the pace of their spending.
  • Altera Announces Second Quarter Results Tuesday, July 19, 2011 @ 7:18PMSAN JOSE, Calif., July 19, 2011 /PRNewswire/ -- Altera Corporation (NASDAQ: ALTR) today announced second quarter sales of $548.4 million, up 2 percent from the first quarter of 2011 and up 17 percent from the second quarter of 2010. Second quarter net income was $214.6 million, $0.65 per diluted share, compared with net income of $224.1 million, $0.68 per diluted share, in the first quarter of ...
  • Fran O'Sullivan: Joyce arrives as Key's pivotal player Tuesday, July 19, 2011 @ 7:09PMPrime Minister John Key is more rattled by Labour's capital gains tax proposals than he lets on.That's obvious by the way he has quickly drafted Steven Joyce - who is not even yet on his front bench - into the front-line to run...
  • Fair, prospering societies need thriving middle class Tuesday, July 19, 2011 @ 6:58PMRecently, the Canadian Centre for Policy Alternatives (CCPA) and the Conference Board of Canada came out with studies pointing to growing income inequality in Canada.
  • 20. Inari gains 6.5 sen on debut Tuesday, July 19, 2011 @ 6:58PMKUALA LUMPUR: Inari Bhd made its debut on the ACE Market of Bursa Malaysia yesterday, closing 6.5 sen higher than its issue price of 38 sen.
  • 8. Banking giants hit Tuesday, July 19, 2011 @ 6:55PMPETALING JAYA: Malaysian banking giants CIMB Group Holdings Bhd and Malayan Banking Bhd (Maybank) saw a whopping RM2.5bil wiped out of their market capitalisation since reports surfaced that the Indonesian central bank was looking at limiting single pa...
  • Banking giants hit Tuesday, July 19, 2011 @ 6:44PMPETALING JAYA: Malaysian banking giants CIMB Group Holdings Bhd and Malayan Banking Bhd (Maybank) saw a whopping RM2.5bil wiped out of their market capitalisation since reports surfaced that the Indonesian central bank was looking at limiting single party ownership of banks there. Both CIMB and Maybank have significant exposure in those markets, with the former’s subsidiaries contributing a ...
  • Moynihan’s No-New-Capital Stance Draws Scrutiny After BofA Loss Tuesday, July 19, 2011 @ 6:41PMBrian T. Moynihan, who vowed that Bank of America Corp.’s strength would never be questioned again when he took the top job, found himself bombarded with queries yesterday about whether the bank needs to raise more capital.
  • Home construction jumps in June but overall outlook remains bleak Tuesday, July 19, 2011 @ 6:27PMWASHINGTON — Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring. The Commerce Department said Tuesday that builders began work on a seasonally adjusted 629,000 homes last month, a 14.6 percent increase from May. Still, that’s roughly half the 1.2 million homes [...]
  • Apartment and condo construction drove 14.6 pct. surge in home building in June Tuesday, July 19, 2011 @ 10:52AMWASHINGTON - Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring.
  • News Corp shares bounce as markets shrug off doubts over Rupert Murdoch's position Tuesday, July 19, 2011 @ 10:48AMNews Corp shares opened in New York at the same time as Rupert Murdoch and son James began answering questions in front of MPs at the Culture, Media and Sport select committee in Westminster
  • Peru ETF (EPU) Continues to Bounce Back After Election Sell-Off Tuesday, July 19, 2011 @ 10:46AMIs the Peru ETF at the end of this roller coaster yet?
  • Is GlaxoSmithKline the Right Stock to Retire With? Tuesday, July 19, 2011 @ 10:45AMStocks that give retirees what they want are incredibly valuable.
  • Angel Investing Secrets Tuesday, July 19, 2011 @ 10:45AMEarlier this year, I wrote a relatively thorough blog post on how my partner Jose Marin and I make angel investments: A SuperAngel’s Investment Guide . While revisiting the topic, I realized a few elements were worth clarifying.
  • Global stock markets rebound from Monday's rout Tuesday, July 19, 2011 @ 10:35AMBut concerns remain that Europe's debt crisis could swallow Italy and Spain and that the U.S. won't raise its debt ceiling in time to avoid a default.
  • Kingdom Holding 2Q profits up 20 pct Tuesday, July 19, 2011 @ 10:33AMThe investment firm headed by Saudi billionaire Prince Alwaleed bin Talal says its second quarter net income is up 20 percent over the same period last year, boosted by investments in capital markets.
  • Democratic reforms still distant dreams six months into Arab Spring Tuesday, July 19, 2011 @ 10:31AMThe Arab Spring could turn into a Summer of Discontent as those countries which saw major upheavals and uprisings over the last six months remain as resistant to change as they were before the wave of revolution began.
  • Clinton's opening remarks at US-India Strategic Dialogue Tuesday, July 19, 2011 @ 10:30AMNew Delhi, July 19 : Following is the text of U.S. Secretary of State Hillary Clinton's opening remarks at the second US-India Strategic Dialogue held in New Delhi on Tuesday.
  • NYC Said to Weigh Sale of Private-Equity Holdings Tuesday, July 19, 2011 @ 10:27AMNew York City’s pension plans may unload a $2 billion portfolio of buyout funds to trim their private-equity relationships, said two people with knowledge of the plan.
  • China’s Surging Tax Revenue Counters Local-Government Debt Risk Monday, July 18, 2011 @ 10:48PMChina’s tax revenue rose 29.6 percent to 5 trillion yuan ($773 billion) in the first half of the year, giving officials more room to maneuver as they grapple with swelling local-government debt.
  • Metals Stocks: Gold futures retreat from record high Monday, July 18, 2011 @ 10:42PMGold futures edge lower in electronic trading session, retreating from a record high hit in the previous session, but analysts still cite factors supporting prices.
  • Investors head for havens in debt storm Monday, July 18, 2011 @ 10:22PM( FT ) -- Gold burst through $1,600 an ounce for the first time as the eurozone's escalating debt crisis sent fear through financial markets.
  • Libya rebels claim control of oil town Monday, July 18, 2011 @ 10:20PMLibyan rebels said they had won control of the strategic oil refinery town of Brega, as a US official confirmed US envoys had met with members of Moamer Kadhafi's regime.
  • Fears about debt send gold price to record Monday, July 18, 2011 @ 10:19PMGold's reputation as a safe place for your money sent it above $1,600 for the first time.
  • LIVE CHAT: David Cunliffe answers your questions Monday, July 18, 2011 @ 10:14PMLabour finance spokesman David Cunliffe answers your questions on his party's controversial capital gains tax plan and their economic policy announced last Thursday.Other features of the policy include scrapping GST on fruit and...
  • Petraeus hands over command in Afghanistan Monday, July 18, 2011 @ 10:13PMMarine Gen. John R. Allen inherits a decade-long conflict at a time of gradual troop withdrawals and increasing calls to wind down U.S. involvement in Afghanistan. A new U.S. commander, Marine Gen. John R. Allen, formally took control of the war in Afghanistan on Monday, inheriting a nearly decade-long conflict that has cost the lives of at least 1,668 American troops.
  • Asian Stocks Decline for Fourth Day on U.S., Europe Debt Concern Monday, July 18, 2011 @ 10:04PMAsian stocks fell, with the regional benchmark index declining for a fourth day, amid concern U.S. lawmakers will fail to reach a deal on the country’s debt limit and Europe’s worsening crisis will slow the global economic recovery.
  • US holds Libya talks, rebels claim Brega Monday, July 18, 2011 @ 9:56PMLibyan rebels say they have won control of the strategic oil refinery town of Brega.
  • Rugby fever to hit Hawke’s Bay Opera House Monday, July 18, 2011 @ 9:42PMAn official IRB RWC 2011 fan zone will be hosted by the Opera House which will cater for those who can’t get to the semi finals, final and the hugely anticipated clash between the All Blacks and France.
  • Markets likely in for tough slogging amid U.S. government debt showdown Sunday, July 17, 2011 @ 5:08AMTORONTO - Gains will likely be elusive on stock markets this week, despite a strong start to the second quarter earnings reporting season, as worries about massive government debt shift to the United States.
  • With Warren Hospital on life support, St. Luke's hopes to give shot at recovery Sunday, July 17, 2011 @ 3:45AMWarren Hospital's application to become a member of St. Luke's Health Network represents the end of its financial rope, faced with an overwhelming debt of more than $67 million. There is no real plan B.
  • ETFs can trip up the unwary Sunday, July 17, 2011 @ 2:55AMExchange traded funds have been wildly popular among ordinary investors, and that has some regulator ...
  • David Parker on The Nation Sunday, July 17, 2011 @ 1:51AMDuncan More now on Labour's new tax policy. I'm joined in the studio by Labour Associate Finance Spokesman, David Parker. When Australia brought in the Capital Gains Tax they grandfathered it, so it was only on new assets bought after the law changed.
  • Bill English Interviewed By Duncan Garner Sunday, July 17, 2011 @ 1:51AMDuncan Well Labour says its tax policy is broad based, comprehensive and fair to all New Zealanders. National says it will take the country backwards, hype taxes and spending, and see borrowing rise for the next eight years.
  • Non-filers and e-filers Sunday, July 17, 2011 @ 1:36AMThis is that time of the year when tension grips the salaried class of assesses. They have to file their returns of income. The Income-Tax department in Chennai makes elaborate arrangements to facilitate the filing of returns .
  • COMING WEEK PART 2: EU Vs. US – Who Can Scare Their Creditors The Most? Saturday, July 16, 2011 @ 9:29PMFor all the drama from the EU and US debt crises, and growing evidence of economic slowdowns in the largest economies, an objective look at risk appetite, regardless of your chosen barometer, still shows risk assets within relatively narrow ranges.
  • Libya rebels continue offensive, Kadhafi defiant Saturday, July 16, 2011 @ 9:19PMLibyan leader Moamer Kadhafi has said he would never leave the land of his ancestors after fresh international calls for him to go and as rebels pressed their campaign to overthrow him.
  • Q+A interview with David Cunliffe Saturday, July 16, 2011 @ 9:12PMGuyon Espiner has latest ONE NEWS – COLMAR BRUNTON POLL tonight at 6pm Sunday 17th July, 2011 Q+A interview with David Cunliffe. Points of interest: Labour may allow part-privatisation of new subsidiaries created by SOEs “Stupid idea” to ...
  • Labour reassure small business owners Saturday, July 16, 2011 @ 8:43PM17 July 2011 Labour's moved to reassure owners of small businesses they won't all be clobbered with capital gains tax, when they sell up.
  • High earners will back tax reforms - David Cunliffe Saturday, July 16, 2011 @ 8:15PMHigh income voters will "buy into" Labour's scheme of tax reforms, finance spokesman David Cunliffe believes.
  • Bank profits up as card customers improve payments Friday, July 15, 2011 @ 6:14PMBank profits up as card customers improve payments
  • To Deleverage or Default? That is the Question Friday, July 15, 2011 @ 6:10PMMore money printing may be on the way - a doomed policy as far as economics goes. More debt is not going to provide more growth. It might merely delay the collapse for a while. Economists thought they could manage economic growth by meddling with interest rates. Wrong.
  • 'Staycation' set to be continuing trend as Scots hotels benefit Friday, July 15, 2011 @ 6:07PMScottish hotels defied fears of a slump after the long Easter break to grow revenue and occupancy levels in May, new figures reveal.