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There was no change yesterday on Bermuda Stock Exchange (BSX).
Butterfield Bank was the only issuer to trade and closed unchanged on $5.45, as 9,415 shares changed hands.
The Royal Gazette/BSX Index remained at 2,363.23.
Volume was 9,415 shares and t...
DATE: Jun 23, 2009
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An improving economy in the US is unlikely to lessen pressure on the Obama government to crack down on perceived tax havens, according to HSBC chief economist Ian Morris, writes Tania Targett.
"Overall that strategy of the US government has persisted...
DATE: Jun 23, 2009
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NEW YORK (Bloomberg) — Goldman Sachs Group Inc. and Societe Generale SA extracted about $11.4 billion from American International Group Inc. before the insurer's collapse as the firms demanded to hold cash against losses on mortgage-linked securities...
DATE: Jun 23, 2009
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NEW YORK (AP) - A surprisingly bleak forecast for the world economy sent stocks tumbling to their lowest level this month.
Major stock indexes dropped by more than two percent yesterday, sending the Dow Jones industrial average down 201 points, after...
DATE: Jun 23, 2009
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Bermuda's economy has fared better than most through the financial crisis, but faces tough challenges ahead, according to Butterfield Bank chief executive officer Alan Thompson.
Commentating on a panel at the Bermuda Captive Conference, Mr. Thompson ...
DATE: Jun 23, 2009
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AUTHOR:
Jonathan Kent
Performing daredevil rescue missions on the high seas in the eye of a storm may not seem to have much in common with Bermuda's captive industry on the face of it.
But Larry Brudnicki, coast guard captain and key note speaker at the Bermuda Captive Co...
DATE: Jun 23, 2009
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LONDON - Britain's FTSE 100 share index ended 2.57 percent lower, as falling commodity prices pressured miners and oil majors, although Anglo American was boosted by news of Xstrata's proposed merger talks. The FTSE 100 closed down 111.88 points at 4...
DATE: Jun 23, 2009
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LONDON (AP) — Average asking prices for houses in the United Kingdom fell 0.4 percent during the five weeks to June 13, but were still up compared with January after a four-month run of increases, property Web site Rightmove said yesterday.
The avera...
DATE: Jun 23, 2009
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LONDON (AP) — Shareholders in Royal Bank of Scotland PLC reacted angrily yesterday to a prospective pay deal for the new chief executive, which would give Stephen Hester a total of £9.6 million ($15.7 million) if he succeeds in turning around the ail...
DATE: Jun 23, 2009
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The next six months could be crucial in deciding Bermuda's fate in the face of regulatory threats from the US, according to Bridget Gainer, director of government affairs at Aon Corporation.
Ms Gainer, who was speaking on a panel with Christopher Lov...
DATE: Jun 23, 2009
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