KKR boosted by recovering equity markets
Wed, 23 Feb 2011 14:50:01 GMT
Buy-out firm KKR reported a 39 percent gain in earnings for its fourth quarter to $714.6m, helped in part by strong stock and credit markets
Media Room
Goldman sees danger in US budget cuts
Goldman sees danger in US budget cuts
Wed, 23 Feb 2011 18:08:40 GMT
The Republican plan to slash government spending by $61bn in 2011 could reduce US economic growth by 1.5 to 2 percentage points in the second and third quarters of the year, a Goldman Sachs economist has warned
Hong Kong set to issue inflation-linked bonds
Hong Kong set to issue inflation-linked bonds
Wed, 23 Feb 2011 17:03:48 GMT
Government says it will issue HK$5bn-$10bn in three-year bonds within the next six months in an effort to allay citizen’s concerns that inflation will erode savings
Prepare for a shock from the Middle East
Prepare for a shock from the Middle East
Tue, 22 Feb 2011 12:54:20 GMT
In the short term at least, turmoil in Libya and sectarian tensions in Bahrain are bad news for the global economy, writes Mohamed El-Erian
