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Archive for December 31st, 2007Analysts see prospect of 100-dollar oil in 2008Posted by UK Economy News
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31Dec 07 Oil prices of near 100 dollars per barrel caused alarm in consuming countries in 2007 and analysts forecast another tense crude market this year with triple-figure records a real prospect.
Read full story Oil slips but sees biggest annual gain this decadePosted by UK Economy News
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31Dec 07 Oil slipped on Monday to just below $96 a barrel, closing 2007 with the biggest annual gain this decade.
Read full story Comments Off Gold rose 30 percent in 2007Posted by UK Economy News
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31Dec 07 Gold bullion traded lower on New Year's Eve, but the market saw its biggest gain in 28 years in 2007 with the spot price less than $20 an ounce from hitting historic highs.
Read full story Comments Off Citigroup, Merrill top Wall St underwriters in 2007Posted by UK Economy News
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31Dec 07 Citigroup and Merrill Lynch & Co were the world's top underwriters of stocks and bonds in 2007, measured by volume and reported fees, despite being at the epicentre of the global credit crisis.
Read full story Comments Off US clears Borse Dubai’s investment in Nasdaq: NasdaqPosted by UK Economy News
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31Dec 07 Nasdaq Stock Market Inc. said Monday it has obtained official US clearance for Borse Dubai's investment in Nasdaq, which will allow Nasdaq to proceed with its plan to combine with Nordic exchange OMX.
Read full story Comments Off Nasdaq-Dubai deal gets U.S. security clearancePosted by UK Economy News
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31Dec 07 The U.S. government has cleared a deal that will give Dubai's state-owned stock exchange a stake in Nasdaq , the U.S. stock exchange said on Monday.
Read full story Comments Off Citigroup, Merrill top Wall St underwriters in 2007Posted by UK Economy News
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31Dec 07 Citigroup Inc and Merrill Lynch & Co were the world's top underwriters of stocks and bonds in 2007, measured by volume and reported fees, despite being at the epicentre of the global credit crisis.
Read full story Comments Off Oil falls but heads toward biggest gain in decadePosted by UK Economy News
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31Dec 07 Oil fell on Monday as worries of an economic slowdown offset supply concerns and rising geopolitical tensions.
Read full story Comments Off Housing data boost dollar at end of troubled 2007Posted by UK Economy News
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31Dec 07 The dollar surged against the euro on Monday, the last day of trading in 2007, after solid American housing data boosted the US currency.
Read full story Comments Off US existing home sales inch up in NovemberPosted by UK Economy News
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31Dec 07 Existing home sales in the United States inched up 0.4 percent in November, breaking an eight-month streak of declining sales amid a prolonged housing slump, industry figures showed Monday.
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