Author: InvestAdvocate

European regulators talk tough over bank stress tests

  By Jill Treanor, Thursday, 8 July 2010   tried to demonstrate that their health checks on the banking sector were severe enough by revealing that they were assuming a worsening of market conditions during May’s sovereign debt crisis.   But while the Committee of European Bank Supervisors named the 91 […]

Sanusi laments growing credit to govt

  By Sunday Ojeme Thursday, 8 Jul 2010       The Governor of the Central Bank of Nigeria, Mr. Lamido Sanusi, has restated the need to unlock the credit market to benefit the private sector more than government borrowers. He said this was necessary in order to enhance credit flow […]

Oil falls below $72 on economic worry

  THURSDAY, 08 JULY 2010 01:14   Crude oil dipped on Wednesday, set to stretch its losing streak for the past six trading sessions, as global investors remained concerned that the world’s economic growth was faltering.By 0911 GMT, U.S. crude oil futures fell 10 cents to $71.88 a barrel, after […]