| (AFX UK Focus) 2008-03-27 10:20 GMT: Amsterdam shares TFN market data at 11.01 am - AEX broadly higher
AMSTERDAM (Thomson Financial) - Amsterdam shares TFN market data at 10.09 am - AEX broadly higher MAJOR INDICES AEX 442.20 points, up 4.09 points, or 0.93 pct AMX 616.55 points, up 8.54 points, or 1.40 pct Government bonds mainly higher MAJOR GAINERS AMG soared 9.43 pct to 47.60 after the company won a large supply contract for solar grade silicon with Q-Cells AG. Randstad rose 6.42 pct to 28.20. TomTom added 6.20 pct at 27.90. Aegon put on 2.39 pct to 9.43, ING went up 1.60 pct to 23.49 and Fortis 1.28 pct higher to 15.88. Royal Dutch Shell strengthened 21.91 pct to 1.11. Philips advanced 0.83 pct to 24.40 after the company said it is to set up a light bulb manufacturing and recycling plant joint venture in South Africa.
(AFX UK Focus) 2008-03-26 14:42 GMT: Trichet says lack of transparency major factor behind market turmoil
BRUSSELS (Thomson Financial) - European Central Bank president Jean-Claude Trichet said a lack of transparency has been one of the main factors behind the recent turmoil in financial markets. "We see that all the (situations) where you have an absence of transparency -- whether it is markets, whether it is instruments or whether it is institutions -- are conducive to hectic behaviour of markets, herd behaviour and turbulence," he told the European Parliament economic and monetary affairs committee. And he said those who spread false rumours to profit from the current market volatility are guilty of criminal activities that need to be combated strongly. "To make money out of the propagation of rumours and then buying and selling in line with the effect of those rumours, I think these are criminal activities...
Anti-debt guru doles out makeovers
On the radio, Dave Ramsey dispenses financial advice with down-home charm, endlessly advising listeners to get out of debt and start saving money. Ramsey built a real estate portfolio worth millions by the time he was 26, then lost everything and declared bankruptcy. That spurred him to change the way he looked at his own finances and eventually to preach the gospel of fiscal discipline to the world. He'll be at World Arena presenting his "Total Money Makeover" live at 1 p.m. Saturday. His radio show is 9 to 11:45 a.m. weekdays on KRDO (105.5 FM and 1240 AM). Question: Are people scared about the economy? Answer: Some are, but it's mainly because they're watching the news.
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