On October 10, 2008, with the S&P 500 (INDEXSP:.INX) at 839.80, the bottoming process began when 92.6% of all stocks traded on the NYSE made new annual lows. That’s a six standard deviation event, which is supposed to occur only twice in a lifetime. At the time, many investors were liquidating their portfolios because they […]
August 2013
<!– –> Illicit arms believed to have been left behind by Chinese illegal miners following their deportation, are widely circulating in mining areas across the country. Nhyira News investigations reveal people in communities where the Chinese operated before their recent ejection, now process assorted weapons, including pump action guns. The situation is said to be […]
Keen to attract direct foreign capital, the government has evolved a ‘model template’ that would serve as the basis for negotiations for future bilateral investment treaties. Currently, Pakistan is working on more than 15 bilateral investment treaties (BITs), with no evidence to show that the 50 existing ones have yielded any desired results. Many countries, […]
Obama administration spearheading growth of part-time labor By Andre Damon 26 August 2013 Over the past two months, the US economy has replaced 148,000 full-time jobs with part-time positions, according to data from the Labor Department. This represents a significant acceleration in the growth of part-time labor, widely attributed to the […]
Bruins goaltending prospect Malcolm Subban claims he’s been working on shoring up a few weaknesses over the summer.Subban is one of the top goaltending prospects in hockey and he claims he and his trainer have been working on correcting his deficiencies, which is different from the strategy he had last summer. “This year I focused […]
Finance Minister P. Chidambaram today held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and to study ways to shore up foreign capital to bridge the widening current account gap. The Minister, who will also be meeting foreign institutional investors, whose money is key […]
Finance Minister P. Chidambaram today held a closed-door meeting here with top bankers to take stock of the situation in the wake of rupee volatility and to study ways to shore up foreign capital to bridge the widening current account gap. The Minister, who will also be meeting foreign institutional investors, whose money is key […]
Coins and banknotes that are used for change are seen in a bamboo basket at a greengrocer in Tokyo yesterday. Most Japanese companies will not increase hiring in 2014 and more than one in six will take additional cost-cutting steps as a planned sales tax hike next year worsens economic conditions. […]




