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Home > Blogs > QFINANCE Editor > QFINANCE: financial news roundup (April 4 – 10, 2014)

QFINANCE: financial news roundup (April 4 – 10, 2014)

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Each week QFINANCE.com brings you some of the biggest news stories from the past five days in finance and business – essential reading to keep you up to date with the latest topics.

If you have any views on how we can improve this service or new areas you would like to see covered, please do not hesitate to contact us at qfinancenews@bloomsbury.com

Thursday April 10


Chinese trade data fell dramatically in March, compounding analysts’ fears of a slowdown in the world’s second-largest economy. The BBC reported that the country’s exports fell by 6.6% and imports dropped by 11.3% in March, compared with 2013.

Related article: China's Financial System: Challenges and Opportunities

European government bonds advanced after Federal Reserve minutes from Wednesday calmed speculation that the US would be moving towards an interest rate rise, Bloomberg reported.



Wednesday April 9


Stocks in Asia hit a near six-month high on Wednesday, thanks to European investors’ revived appetite for emerging market assets, Reuters reported.

Related article: How Fragile are Emerging Markets?

Bloomberg reported that, according to Morgan Stanley and ING Groep NV, Greece is going to need a premium to convince investors to buy new securities, unlike Ireland, Spain or Italy who auctioned debt at record-low yields this year.



Tuesday April 8


GlaxoSmithKline, the UK's biggest drug company, has been accused of corruption and bribery after admitting that it was investigating claims of illegal practice in Iraq, the Guardian reported.

Related article: Internal Auditing and Doing Business in Foreign Countries

The UK will be leading growth in the G7 group this year according to the International Monetary Fund (IMF), the BBC reported. UK growth is expected to reach 2.9% in 2014, up from a previous forecast of 2.4%, and should reach 2.5% in 2015.



Monday April 7


The cost of clearing four decades’ worth of nuclear waste in the Scottish Highlands has skyrocketed by more than £200 million, the Independent reported, due to “major changes […] made only two years into a 10-year contract”.

Related article: Molten Salt Reactor can transform nuclear power costs

Increased “tax rhetoric” and a strong pound is threatening the City’s status as one of the world’s leading property-investment safe havens, the Telegraph reported, with prices in the center of the capital poised to drop for the first time in five years.



Friday April 4


The European Central Bank (ECB) gave a strong signal last Friday that it is prepared to “embrace quantitative easing”, the FT reported, in a move to prevent the eurozone from deflation or low inflation.








Come back next week for another report on the world of business and finance.


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Tags: banking , China , ECB , European Central Bank , European Monetary Union , eurozone , export , financial crisis , fiscal stimulus , import , quantitative easing , regulation , Spain , UK
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