TOP 100 FINANCIAL SITES
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| Cheyne shuts key fund and parts with traders Cheyne Capital, the London-based hedge fund whose US sub-prime vehicle imploded at the height of the credit crisis, has closed a much-heralded equities fund just a year after it opened. telegraph.co.uk |
Your Money with Chuck Jaffe: Gold and emerging-market ETFs still shine Gold trades above its 200-day moving average, which makes it worth holding physical gold or mining companies while the economy sorts out its direction. feeds.marketwatch.com |
EMI moves to plug pensions hole with £197m funding injection EMI, the music group whose artists include Lily Allen and Robbie Williams, has taken steps to plug the gap in its pension by agreeing to provide £197m in additional funding. telegraph.co.uk |
US Treasury chief Timothy Geithner says America will not engage in dollar devaluation Treasury Secretary says the US would not engage in a currency war by devaluing the dollar to boost its flagging economy. telegraph.co.uk |
Europe Markets: FTSE closes at highest level in six months London’s top stock index closes at its highest level in six months Thursday, with BT Group and British Airways making strong gains, while upbeat corporate news in Europe and the U.S. helps, along with China growth data that lifts miners. feeds.marketwatch.com |