Investing

Fed Drives World Stocks to 2012 High

World stocks hit a 2012 high on Tuesday, after the Federal Reserve signaled it would continue supporting economic growth with loose monetary policy, with expectations the euro zone will agree a bigger crisis firewall adding to the positive tone.

Fed's Plosser Criticizes Unfettered Asset-Buying

The world's central banks should not have unfettered ability to purchase assets because that violates the traditional separation of monetary and fiscal policymaking and can allow governments to inflate away debts, a top Federal Reserve official said on Monday.

Bellway to Continue Raise Shareholders' Value Despite Tough Housing Market

Bellway, the housebuilder, enters the second half of the year with an order book of £423 million, having already reserved or legally completed 83% of this year's target, with an expectation to reach double digit operating margin for the six months to 31 January.