US banking giant Goldman Sachs has reported a sharp fall in profits as trading activity slowed owing to concerns about global economic growth. Net profits for the three months ... Read More
Commodity remains volatile as doubts grow of 2015 rates rise The price of gold has definitively broken through what was seen as a key resistance level, setting the precious ... Read More
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay ... Read More
Revenue declines 2.4 percent while expenses fall 31 percent Bond-trading revenue slides 11 percent, equities up 12 percent Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit ... Read More
Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer ... Read More
The economy of the eurozone makes the US economy look like a picture of robust health by comparison. Richard Baldwin and Francesco Giavazzi have edited The Eurozone CrisisA Consensus ... Read More
Asian stocks traded mixed on Thursday despite a positive lead from Wall Street, with Chinese equities outperforming after mainland markets resumed trade following a week-long holiday. Major U.S. indexes ... Read More
Asian markets headed mostly higher on Wednesday, recovering from the previous session’s steep losses as investors’ tried to regain confidence. Japan’s Nikkei 225 index led the region’s gains, up 2.1% at ... Read More
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU ... Read More
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its ... Read More
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