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Dollar Gains as Stocks Fluctuate With Bonds Before Fed
March 19th, 2014
The dollar gained against most major currencies while Treasuries and German bunds fluctuated with European stocks before the Federal Reserve decides monetary policy. China’s yuan dropped to the lowest in 11 months amid concern that more companies will default ...
Russia Sounds Alarm on Economy as West Starts With Sanctions
March 18th, 2014
Russia’s economy is showing signs of a crisis, the government in Moscow said as the U.S. and the European Union announced sanctions over its support for the Crimea region breaking away from Ukraine. “The situation in the economy bears ...
Asian Stocks Rally With Nickel on Russia Sanctions
March 18th, 2014
Asian stocks rebounded, with the the regional index rising from a five-week low, and nickel surged toward a bull market as investors weighed the impact of sanctions against Russia. Gold retreated a second day before the Federal Reserve begins ...
Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
Yen Retreats as Russian Stocks Gain After Crimea
March 17th, 2014
The yen fell for the first time in six days against the dollar as a rally in Russian stocks damped concern Crimea’s vote to leave Ukraine will lead to an immediate increase in tensions between Russia and the West. ...
Moscow stocks higher after Crimea votes to join Russia
March 17th, 2014
Russian shares opened higher on Monday after Ukraine’s Crimea region voted in favour of joining Russia, as local investors shrugged off threatened Western sanctions believing they would be largely symbolic. At 0745 GMT the dollar-denominated RTS index .IRTS was ...
US and EU expected to announce sanctions against Russia
March 17th, 2014
Measures could include visa bans and potential asset freezes in wake of Crimean vote to rejoin Russia The US and its allies in Europe are expected to announce sanctions against Russia, including visa bans and potential asset freezes, on ...
BP Can Again Bid for U.S. Leases, Contracts After Spill
March 14th, 2014
BP Plc (BP/) won the right to again compete for U.S. contracts and for new leases in the Gulf of Mexico, where its massive 2010 oil spill prompted regulators to bar it from new government business. BP’s agreement with ...
‘Candy Crush’ Maker King Sets IPO Range at $21 to $24
March 12th, 2014
King Digital Entertainment Plc (KING), maker of the popular smartphone game “Candy Crush Saga,” will seek as much as $24 a share in its initial public offering, potentially raising about $533 million. King, whose owners include Apax Partners LLP ...
Carney Faces Leadership Test as Currency Scandal Snares BOE
March 10th, 2014
Bank of England Governor Mark Carney will face his toughest public testimony to date as he seeks to defend the integrity of an institution that’s become embroiled in the currency-manipulation scandal. Lawmakers will grill Carney tomorrow after the BOE ...
