Word: percent
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...later, those assurances sound thin to some analysts. "This raises huge questions marks about whether you can fix the rogue-trader risk," says Pierre Flabbee, head of banking-sector research for Landsbanki Kepler in Paris. "This demonstrates that you cannot. The human factor is one you cannot control 100 percent. The more sophisticated procedures become, the more sophisticated employers become...
...soon as next week - arrested, at least temporarily, the rout in equity markets around the world, which had hit Asia's bourses particularly hard. In the trading day before the rate cut, Hong Kong's Hang Seng had declined 8%, Tokyo's Nikkei 5.7% and Mumbai's Sensex 12 percent...
...clear that mild and short is what the U.S. will get. Merrill Lynch & Co. put out a chilling forecast on Jan. 22, saying that the U.S. housing debacle has a long way to run. According to Merrill, nationwide home prices could fall 25 to 30 percent from present levels, which, if true, would put U.S. consumption on ice for a prolonged period...
...FTSE 100 dropped 1.25%, Germany's DAX index slid 2.16%, and France's CAC-40 fell 2.10%. Markets in Asia rebounded however, with Hong Kong's Hang Seng Index rising 10.7% - its biggest gain in 10 years - and indexes in Korea, Singapore and Japan gaining more than 3 percent...
...past six years, Harvard's study abroad program has undergone dramatic expansion. Last academic year, 659 students participated in the study abroad program, over a 300 percent increase since 2001, according to the Office of International Programs...