Carry Trade Under Pressure

The Yen is rising once again, as another set of investors unwind their carry trade positions.No, it wasn?t the threat of higher borrowing costs, via a hike in Japanese interest rates, that spooked investors.Rather, it was general volatility in forex… (more…)

Borrowers ´likely to be hit with base rate rise in near future´

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People who have taken out loans are likely to be hit with an increase in the base rate soon, according to a financial expert. (more…)

New fraud procedures announced

New measures have been announced that make banks the first place where victims of credit card, cheque or online fraud should turn. (more…)

Corn plantings seen at 63-year high

Fueled by surging ethanol production, U.S. farmers are set to plant more corn in 2007 than in the last 63 years.

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