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Location American Market News for 25 August 2013
Taper talk unnerves markets and pulls FTSE 100 away from record high To taper or not to taper? That is the question preoccupying policymakers at the US Federal Reserve, a conundrum that has sparked considerable volatility in global stock markets recently as dealers contemplate a slowdown ...
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Egypt Crisis Extends to the Indo-Pacific

Forbes - 25 Aug 2013 21:43
Egypt Crisis Extends to the Indo-Pacific Iyad Dakka and J. Berkshire Miller
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Market's Strange Brew: 'From Lady Gaga To Ballmer' (And Other Quotes Of The Week) Markets put in a very mixed performance in a week which saw two major technical "glitches" and a raft of "odd" stories.
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Activists infiltrate Belgian F1 race

CNN - 25 Aug 2013 18:30
Activists protesting against Arctic oil drilling infiltrated a Formula One race in Belgium Sunday, but the off-track incident did not stop Sebastian Vettel's march towards a fourth successive world title.
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The Economist's Valuables Index Tells Us Pretty Much Nothing Luxury goods indices offer little, other than the chance to perpetuate the myth that these are legitimate asset classes.
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Indian firms struggle to cover interest cost

livemint.com - 25 Aug 2013 17:24
Indian firms struggle to cover interest cost There's a clear weakness in companies' ability to service rising loan books across core sectors
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Expensive imports may give an edge to local producers Imports that are pegged to the dollar are likely to become uncompetitive versus locally-made products
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Why the RIL stock looks attractive in spite of a weak operating environment The weak refining environment could well be offset to some extent on account of the currency impact
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Northern Europe -July 2013 Returns

Forbes - 25 Aug 2013 14:38
Northern Europe -July 2013 Returns During second quarter 2013, Germany and the Netherlands did better than the global EAFE average.
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Sebi to crack whip on illegal investment schemes on Internet Sebi has received numerous complaints about such schemes and has begun looking into the matter
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