Canada’s social insurance assets pass $140 billion in fourth quarter

Sunday, February 13, 2011 With a fourth-quarter investment earnings of $3.9 Billion CAD, largely driven by stock market rises, the Canada Pension Plan’s (CPP) assets rose to $140.1 Billion reported the CPP Investment Board on Thursday. Rate of return for the quarter netted three percent, bringing the first nine months of the fiscal year to 8.3%. The fund’s broad exposure to equities, in concert with a good quarter for stocks

€8bn bank bailout in Ireland

Monday, February 2, 2009 The government of Ireland plans to inject €4 billion each into the Bank of Ireland and the Allied Irish Bank. An insurance scheme to underwrite bad debts would also be created and the banks will attempt to raise €1 billion from shareholders. The two banks have been in need of recapitalization for several weeks. The government had previously offered €2 billion. The deal will see the

What Is Online Forex Trading

More On This Topic: Dianne Hai Ha Automated forex trading systems have resulted in this type of trading becoming commonplace. What was once the sole domain of banks and other such large investors, financial and otherwise, is now luring small and mid level investors. For inter-country currency trading, this is the place to invest. This is one of the biggest and most alive financial markets with trillions of dollars being