Markets am: Stocks firm as China manufacturing expands, Royal Ma...

 
 
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Thursday October 24 2013
 
 
Markets
 
Stocks firm as China manufacturing expands
 
US index futures move higher as bulls continue to bet that extended Federal Reserve stimulus will help underpin asset prices
 
 
 
Royal Mail row fails to dim IPO revival
 
The number and value of initial public offerings has surged this year as investors watch equity markets recover and seek higher returns
 
 
China conjures up 'bad bank' magic trick
 
Solution to prospect of growing bad debts is same as in the past: socialise the debt through creation of a new generation of asset management companies
 
 
Liquidity shrinks as China renews tightening
 
Interbank lending rates have risen to four-month high but analysts believe there is enough liquidity in market to avoid rerun of June's cash-crunch
 
 
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Video
 
Tech not quite toast yet
 

'In the long run everything is a toaster' – or in other words, even the most innovative technology becomes commoditised over time. John Authers argues the market may have been premature in writing off tech sector growth - and there may be value to be found.

 
 
 
 
 
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