London equities hit their lowest level this year on Tuesday following sharp losses in Asia overnight
Altaf Malik
Jun. 13, 2006

The FTSE 100 dropped 2.1 per cent to 5,500.8, having hit a low for the year of 5,467.4 earlier in the session, while the mid-cap FTSE 250 lost 3.2 per cent to 8,698.1.

London equities hit their lowest level this year on Tuesday following sharp losses in Asia overnight
Altaf Malik
The FTSE 100 dropped 2.1 per cent to 5,500.8, having hit a low for the year of 5,467.4 earlier in the session, while the mid-cap FTSE 250 lost 3.2 per cent to 8,698.1.
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Wall Street looked set to open lower as markets in Asia and Europe tumbled but trying to turn around
Media Release
Wall Street looked set to open lower as markets in Asia and Europe tumbled. Goldman Sachs rose after more than doubling second quarter earnings. Best Buy and Adobe also managed to shake off investor gloom, but energy stocks fell.
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The sell-off in global equity markets gathered pace on Tuesday, as European bourses suffered sharp losses
Media Release
The sell-off in global equity markets gathered pace on Tuesday, as European bourses suffered sharp losses following overnight falls on Wall Street and declines across Asia amid fears about the effect of tighter monetary policy on global growth.
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US retail sales were up just 0.1 per cent, dragged lower by weak car sales
Media Release
Sales were up just 0.1 per cent, dragged lower by weak car sales. Excluding gasoline sales, which are especially volatile, sales were down 0.1 per cent.
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Indian real estate heded for a 40% correction but in 2015 it will 1000% higher
Paula Zuba
After the great depression of Asia, Indian real estate will rise ten folds....
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Global inflation is rising, Mervyn King, governor of the Bank of England, warned
Media Release
Global inflation is rising, Mervyn King, governor of the Bank of England, warned last night, adding that threats and opportunities from abroad were now more important for UK inflation than domestic economic issues.
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The Nikkei 225 fell 2 per cent on Tuesday morning because of a broad decline in export-focused stocks
Media Release
The Nikkei 225 fell 2 per cent on Tuesday morning because of a broad decline in export-focused stocks in response to concerns about the US economy.
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Start of takeover battle with Carlyle, the US venture capital firm, which has agreed to pay $375m for 85 per cent of Xugong
Media Release
Sany Corporation, a heavy machinery manufacturer, said on Monday it hoped to buy Xugong Group Construction Machinery, a bigger rival, to keep the company in Chinese hands.
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Shareholder anger over US executive compensation practices spilled into the open
Media Release
Shareholder anger over US executive compensation practices spilled into the open on Monday as two big US pension funds sued companies involved
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