Ex-SocGen rogue trader Kerviel's fine is slashed to €1m
Jerome Kerviel, the rogue trader who nearly brought down Societe Generale, has had his fine slashed on appeal by 99.98 per cent to €1 million.
International trade to quadruple by 2050, says HSBC
The world economy is on the cusp of a third wave of globalisation that will help quadruple the value of international trade by 2050.
Economic stimulus failing to spur growth
Massive monetary stimulus from Chinese and European central banks has done little to spur factory growth.
Chile raises rates to combat inflation
Chile became the third Andean nation in just over a month to raise interest rates as a slump in local currencies pushed up inflation across the region.
ASX struggles to get through 5750 points
Australian shares went into reverse on Monday, after a key support level that traders were hopeful would end the correction became a resistance point.
Some see 6000, others say sell in May and go away
While many concentrate on ASX's prospects of hurdling 6000, some are pondering whether the next step might be a May correction.
Commentators look on as ASX 200 flirts with 6000
A volatile Australian dollar, a recovery in gold and the long-awaited break above 6000 by the ASX 200 some time very soon were the major talking points raised by trading commentators Monday for the week ahead.
Contagion spreads from Swiss currency switch
Wellington, London | Casualties mounted from the Swiss currency shock as a US online brokerage said client debts threatened to push it out of compliance with capital rules and a New Zealand-based dealer went out of business.
