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Banking
Lloyds Bank posts Q1 loss of $4 billion (AP)
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Thursday, 05 May 2011
Lloyds Bank posts Q1 loss of $4 billion (AP)
AP - Lloyds Banking Group PLC reported a loss of 2.43 billion pounds ($4 billion) for the first three months of the year after booking a 3.2 billion pounds charge for potential costs of compensating buyers of payment protection plans.Read Full Article ...
 
UPDATE 2-Rising costs keep Komercni Banka Q1 in check
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Thursday, 05 May 2011
UPDATE 2-Rising costs keep Komercni Banka Q1 in check
By Jason Hovet PRAGUE, May 5 (Reuters) - Czech lender Komercni Banka's first-quarter net profit rose slightly less than expected as lower revenue growth and cl...
 
European stocks falter on poor bank results (AFP)
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Thursday, 05 May 2011
European stocks falter on poor bank results (AFP)
AFP - European stock markets slid on Thursday following a clutch of disappointing earnings updates from the region's banks and ahead of interest rate decisions...
 
Interest rates expected to be held at 0.5%
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Thursday, 05 May 2011
Interest rates expected to be held at 0.5%
The Bank of England's monetary policy committee (MPC) had been widely predicted to lift interest rates this month Homeowners are set for another reprieve as ra...
 
SM Investments Q1 income up 13%
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Thursday, 05 May 2011
SM Investments Q1 income up 13%
MANILA, Philippines - SM Investments Corp. said Thursday it recorded a 13% growth in first-quarter earnings on the back of robust businesses, led by its bankin...
 
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Crisis watch

  • Dura aterragem na Venezuela
    A Venezuela está à beira do precipício. A ação concertada ainda pode evitar a sua queda. Mas quanto mais se atrase, mais venezuelanos morrerão por falta de medicamentos, pela má nutrição ou pela violência.
  • South China Sea Ruling Sweeps Away Diplomatic Ambiguities
    Tuesday?s ruling by the International Tribunal on the Law of the Sea has bought a little clarity to the problems in the South China Sea, but it has not made solving the underlying problems significantly...
  • China Hardens Position on South China Sea
    China has taken a leap towards clarifying its claims in the South China Sea, but in a direction that could intensify frictions.
  • Erdo?an?s Pyrrhic victory
    Paradoxes have always abounded in the relationship between the Turkish military and the country?s politicians. Turkey?s armed forces ? or factions within them ? have justified their repeated interventions in politics with claims that they...
  • Venezuela?s hard landing
    Venezuela is on the edge of the precipice. Concerted action may yet pull it back. But the longer it is delayed, the more Venezuelans will die from lack of medicines, malnutrition or violence.