Advantage Capital Holdings Public Company Ltd (ASP) reported losses attributable to the Company’s shareholders of EUR27.0mln in the first nine months of 2009 compared to a profit of EUR29 mln in the corresponding period of 2008. Results also include a loss of EUR 10.2mln from realization of available for sale investments. Group turnover increased by
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Weak EU response raises questions about its ambitions By David Brunnstrom U.S. President Barack Obama's European allies are unlikely to send as many troops as he wants to Afghanistan but some analysts say this could rally support at home for his expected pledge to dispatch more U.S. troops. Obama is widely expected to announce on
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The yen tumbled on Tuesday after the Bank of Japan called an emergency policy review to discuss ways to boost the ailing economy, but it regained some ground after the meeting when the central bank did not go as far as some investors had expected. Shares in Asia firmed as fears about a global contagion
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British house prices rose 0.5 percent in November, the same as in October, suggesting that a rapid initial rebound from the five-year low set in February is now slowing, mortgage lender Nationwide said on Tuesday. Nationwide reported monthly house price growth of above 1 percent over the summer, but the lender said three-month growth in
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The dollar recovered early losses on Tuesday as the yen came under pressure ahead of a special central bank meeting while Asian shares were steady as investors paused after Monday's bounce. In Australia, the Aussie dollar rose then quickly retreated after the Reserve Bank of Australia raised interest rates for a third time in as
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The Cyprus Stock Exchange (CSE) ''undertook and completed successfully the campaign for the promotion of the Newly-Developing Market,'' which falls within the framework of the adoption of the new CSE development plans that fall under its Strategic Plan. The new CSE Market is a versatile trading mechanism and addresses to businesses that are seeking for
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The dollar slipped on Tuesday as fears about the ripple effects of Dubai's debt woes eased while Asian shares were steady as investors took a breather after Monday's bounce. The dollar dipped 0.2 percent against a basket of major currencies in early trade, reflecting cautious optimism that Dubai's problems with repaying debt would be contained,
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Efforts by Dubai World to restructure about $26 billion in debt out of the estimated $59 billion it owes reassured investors that the emirate's debt problems can be contained, helping global markets edge higher on Tuesday. Dubai World, the government-controlled conglomerate that led the transformation of Dubai into a regional hub for finance, investment and
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The Bank of Japan said on Tuesday it would introduce a new operation to provide funds for three months at a fixed interest rate of 0.1 percent, after it held an emergency policy meeting. The BOJ said it would aim to enhance monetary easing by trying to bring down longer-term interest rates. It kept its
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British house prices rose 0.5 percent in November, the same as in October, suggesting that a rapid initial rebound from the five-year low set in February is now slowing, mortgage lender Nationwide said on Tuesday. Nationwide reported monthly house price growth of above 1 percent over the summer, but the lender said three-month growth in
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