Slight Unwind in Yen Carry Trade

Last week witnessed a sudden unwinding in the yen carry trade, as a global market downturn affected investor sentiment towards risk.Volatility is the only market force that could seriously contend at collapsing the carry trade, and last week produced significant… (more…)

Home insurance needed to avoid  Russian roulette  game with floods

Property owners without home insurance are playing a dangerous game of “Russian roulette”, according to Confused.com. (more…)

BSkyB operating profit down

BSkyB has recorded a fall in full-year operating profits over the last 12 months of seven per cent, down to ?815 million. (more…)

Dow suffers worst week in over 4 years

A rough and tumble trading session sent the Dow industrials plummeting for the second straight session Friday, with the 30-stock index falling more than 200 points, marking its worst week in over 4 years.

(more…)