The Traderszone Network

As world markets tumble and the euro zone crisis seemingly reared its head once more, investors have scrambled to find somewhere safe to house their cash.

Top Goldman Sachs Group Inc (GS.N) executives are determined to keep compensation costs under control. On Thursday, Goldman reported a 25 percent increase in quarterly revenue, but the money it set aside for compensation and benefits rose only 18 percent from the same period a year earlier. The amount of money it has set aside for compensation is more or less unchanged, as is the average compensation per employee, at around $320,000 for the first nine months of the year.

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Greenback gives up earlier gains as stock market weakness in Japan lures in yen buyers.
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Greenback gives up earlier gains as stock market weakness in Japan lures in yen buyers.
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Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).

Jimmy Choo, the luxury shoemaker, has raised 140p per share in an IPO on the London Stock Exchange valuing it at £545.6 million ($877 million).

A recent selloff in Asia due to global volatility is fading with stocks in Australia edging higher, though shares on China’s mainland fall amid slowdown concerns.
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