Tuesday, April 2, 2013

European Stocks Edge Higher as Cyprus Fears Fade

European Stocks edge higher as Cyprus fears fade, European markets start the post-Easter period on a positive note as most major equity indices climb and government borrowing costs edge down

Peak demand theory shakes up oil debate, Cheaper substitutes, fuel efficiencies and changing energy policies as well as the US shale oil production boom could impact on oil demand

Meanwhile, South East Asia outguns north in IPO fund raising, First quarter's $1.9bn in deals surpasses north Asia for first time since 1996, highlighting appetite for IPOs in the fast-growing region

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