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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

FT.com - Financial Markets News

• Swiss franc benefits from haven status as doubts spread
  Fri, 03 Sep 2010 22:07:29 GMT
  Swiss franc hits record high against the euro and nears parity against the dollar as worries over the global economic recovery drive haven demand
  

• Bold financial seers look to models rather than the herd
  Fri, 03 Sep 2010 21:59:46 GMT
  Stocks have lost nearly half of their value twice in the past decade yet a suggestion the same is about to happen again draws scorn on Wall Street
  

• Investors? turn to linkers and gold to hedge uncertainty
  Fri, 03 Sep 2010 21:23:56 GMT
  In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman?s notion of handing out cash to stop falling prices
  

• Volatility and poor returns killing equities cult
  Fri, 03 Sep 2010 21:17:52 GMT
  More market professionals are asking if the brutal de-rating suffered by equities during the past decade means the cult of equity is dying
  

BBC Business News

• Tourism near the Gaza border
  Sat, 04 Sep 2010 22:43:21 GMT
  At the Zikim Kibbutz, near Ashkelon in southern Israel, tourists come in to see what life is like living just a short distance from the Gaza border.
  

• Wrong tax bill for millions in UK
  Sat, 04 Sep 2010 17:44:34 GMT
  Almost six million people in the UK have paid the wrong amount of income tax in the past year, with some facing a bill of up to £1,400 - although others can expect a rebate.
  

• Six million facing new tax bills
  Sat, 04 Sep 2010 17:40:43 GMT
  HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
  

• Cairo literary business booming
  Sat, 04 Sep 2010 16:50:18 GMT
  Egypt's literary scene is thriving, with a new generation of writers and poets taking advantage of an increasing number of small publishers and social networking sites to get their work noticed.
  

BBC News

• Heavy rains devastate Guatemala
  Sun, 05 Sep 2010 01:17:56 GMT
  Heavy rains have caused widespread floods and landslides in Guatemala, killing at least 18 people.
  

• Bahrain charging Shia activists
  Sun, 05 Sep 2010 01:08:53 GMT
  Prosecutors in Bahrain accuse 23 Shia activists of forming a "terrorist network" aiming to overthrow the Gulf state's Sunni-dominated government.
  

• Tropical storm Earl hits Canada
  Sun, 05 Sep 2010 00:02:43 GMT
  Tropical Storm Earl reaches Nova Scotia, on the eastern Canadian coast, with hundreds of thousands of people experiencing power cuts.
  

• Aftershocks felt after NZ quake
  Sat, 04 Sep 2010 23:54:23 GMT
  A series of aftershocks rattle Christchurch, New Zealand, where a powerful 7.0-magnitude earthquake caused widespread damage.