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Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half ...
OPEC expects rivals to pump out less oil in 2016
February 10th, 2016
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production levels. According to the latest monthly report from the group, ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
Greek Prime Minister Tsipras Meets With Iranian Leaders in Tehran
February 9th, 2016
Greece hopes to become an economic link between Iran and EU now that sanctions are lifted Greek Prime Minister Alexis Tsipras on Monday became the first Western leader to visit Iran since the lifting of trade sanctions against the ...
Asia markets retrace losses; banks remain under pressure
February 8th, 2016
Markets in Australia and Japan rang in the year of the monkey on a slightly higher note, erasing early losses Monday. Most major Asian markets remained closed for the Lunar New Year holidays. Down Under, the ASX 200 erased losses of ...
Asia markets trade lower, focus on oil, earnings and central banks
February 2nd, 2016
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, to close down at 17,750.68, while South Korea’s Kospi slipped ...
Liquidnet Posts Record 2015 Performance in APAC
January 29th, 2016
Liquidnet Posts Record 2015 Performance in APAC, Driven by Japan and Hong Kong Volumes jump 18% amid higher demand from institutions for block-sized executions Liquidnet, the global institutional trading network, announced a record year in Asia Pacific for ...
Barclays Announces Initiatives in the Investment Bank
January 25th, 2016
Barclays PLC (“Barclays”) has announced several initiatives within its Investment Bank which build on its existing strategy. The Investment Bank will continue to focus on its two home markets in the UK and US and to develop its global ...
S.Korean antitrust agency probes Volkswagen over emissions ads
January 22nd, 2016
South Korea’s antitrust regulator is probing Volkswagen AG over its advertising claims on emissions from its cars, an official at the agency told Reuters on Friday. The Fair Trade Commission official said a probe is under way without elaborating. ...
Barclays to Close Several Businesses in Asia, Cut Around 1,000 Jobs
January 21st, 2016
The U.K. bank will shut regional cash equities operations, fully exit from Brazil, Russia, Taiwan and South Korea Barclays PLC Thursday said it would refocus its investment bank in the U.K. and the U.S., cutting around 1,000 jobs, mainly across ...
