Search Results for: Gold
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
European Stocks Rise as Ukraine Concern Eases
August 18th, 2014
European stocks advanced, after equities climbed the most in more than a month last week, as Ukraine and Russia met for talks. U.S. index futures rose, while Asian shares were little changed. United Internet AG added 3.3 percent as ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
U.S. Investment Outflow Hits Record
August 18th, 2014
The U.S. posted a record cross-border investment outflow in June as China and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes. “Right at the beginning of June, you had a very strong sell-off ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Iran sidesteps oil sanctions
August 13th, 2014
Iran is looking to export increasing amounts of oil to China and Asian markets by finding a way to sidestep Western sanctions. This will expand the value of its trade by potentially billions of dollars a year. In doing ...
SEC to examine alternative funds
August 13th, 2014
The U.S. Securities and Commission (SEC) is examining alternative mutual funds that use strategies from hedge funds. The funds are popular to both investment advisers and the public. Net new inflows to alternative funds were $27.8 billion the first ...
Chinese developer Wanda launches $1.7bn Australian arm
August 12th, 2014
One of China’s biggest developers will launch an Australian arm with $1.7 billion in capital to splash into the nation’s real estate market. In an announcement to the Hong Kong Stock Exchange today, the Wanda Group revealed it would ...
Royal Bank of Scotland to offload global Coutts arm
August 12th, 2014
Royal Bank of Scotland said it planned to sell the international operations of Coutts, its private bank for wealthy clients including Queen Elizabeth II and David Beckham, just months before the unit is expected to be fined for helping ...
Bank sued Ex-Deutsche head for $6.3m
August 12th, 2014
Former China head of Deutsche Bank, Lee Zhang, was sued in Hong Kong by the firm over the 2001 transfer of $3.99m to the account of a firm with a bank in Shenzhen. Bloomberg News reports that the bank ...
