Search Results for: gold price
China small-caps lead gains; rest of Asia mixed
October 22nd, 2015
Chinese stocks recovered from the prior day’s sudden sell-off, as a surge in small-caps rekindled investor interest. The rest of the region, however, put up a mixed performance as renewed weakness in commodity prices and an uninspiring lead from ...
Volkswagen hits metals
October 20th, 2015
Prices of platinum – used in engines – have tumbled since the scandal broke. PLATINUM prices have plunged since the Volkswagen emissions scandal broke, as investors have shifted into its sister metal palladium – with the latter’s price rising ...
Is China Turning To Bitcoin As Yuan Devalues?
October 19th, 2015
China is seemingly buying up a lot of Bitcoin and alternative currencies like gold right now. The devaluation of their currency has been slashed over the course of the past month. The country’s Foreign Exchange Commission has ordered financial institutions to increase its checks ...
Silver as money
October 16th, 2015
Gold is money, admittedly not often circulating as such today. Fiat currencies issued by governments have driven gold out of circulation. But where does this leave silver? Money-substitutes, bank notes and bank deposits, were originally backed by physical silver, ...
First Data Announces Pricing of its Initial Public Offering
October 16th, 2015
First Data (“First Data”) announced the pricing of its initial public offering of 160,000,000 shares of its Class A common stock at $16.00 per share. Shares of First Data’s Class A common stock are expected to begin trading on ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
The Numbers Say That A Major Global Recession Has Already Begun
October 14th, 2015
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP ...
Are You Ready to Buy Stocks at Your Grocery Store?
October 14th, 2015
Kmart, Office Depot, Safeway and other retailers roll out gift cards that give recipients shares in top companies Now selling at the checkout counter: breath mints, hand sanitizer and…$25 of Berkshire Hathaway stock? In a new twist on the bustling gift-card ...
Citi dials down risky block trading amid market turmoil
October 13th, 2015
Over the summer, as the U.S. stock market wobbled and then plunged 4 percent in a day, Citigroup made a tough choice: to dial down risk-taking in the bank’s capital markets group. Phil Drury and Doug Adams, then co-heads ...
Proposed sale of Frank Russell company’s asset management business
October 12th, 2015
London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million1) in cash, subject to ...
