Author: InvestAdvocate

Fed boss: Regulators looking into foreclosure mess

By JEANNINE AVERSA, AP Economics Writer WASHINGTON – Federal banking regulators are examining whether mortgage companies cut corners on their own procedures when they moved to foreclose on people’s homes, Federal Reserve Chairman Ben Bernanke said Monday.   Preliminary results of the in-depth review into the practices of the nation’s […]

World stocks up as G-20 vows to avoid currency war

By CARLO PIOVANO, AP Business Writer LONDON – World stocks rose and the dollar slumped Monday after global finance chiefs vowed to avoid a currency war that could derail the global recovery. With no concrete guidelines to go by, however, investors are wary that this may only prove a temporary […]

NSE bars journalists from live coverage, Shuts press centre

Mon, OCTOBER 25, 2010 BY Moses EBOSELE   The Nigerian Stock Exchange (NSE) press centre has been shut down indefinitely, allegedly on the order of the Sole Administrator, Mr. Emmanuel Ikazoboh.   Also, capital market ‘journalists’ would no longer be allowed to observe trading activities at the market while  those seeking clarifications  […]