Business Services Industry
Daily Mail, London, Market Report.
Knight Ridder/Tribune Business News, May, 2004
By Geoff Foster, Daily Mail, London Knight Ridder/Tribune Business News
May 11--Investors worldwide were running scared at the prospect of an early rise in American interest rates. Friday's stronger-than-expected employment figures for April effectively paved the way for a rise in the Fed rate from 1 percent to 1 1/4 percent as early as June 30.
Neurotic dealers fear the Fed will now put its foot hard down and accelerate increases over the next year or two.
With Wall Street having closed 124 points off on Friday and the Nikkei and Hang Seng indices collapsing 554 and 435 points respectively overnight in the Far East, there was only one way for the Footsie to go. Down! It opened 50 easier and continued to drift on persistent nervous...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
