Search Results for: Election Day
Dollar edges up, but on track for weekly loss
August 19th, 2016
The dollar wallowed close to eight-week lows against the euro on Friday, and was poised for weekly losses against its major counterparts, after minutes of the U.S. Federal Reserve’s July meeting revealed central bank policymakers were in no hurry ...
The US dollar could stay stuck in a rut until after November
August 16th, 2016
The U.S. dollar is stuck in a rut, and it could stay there for a while. Dollar bulls have been falling by the wayside this summer, as the U.S.Federal Reserve looks further away from tightening its monetary policy. The currency also runs ...
SGX reports FY2016 net profit of $349 million
August 11th, 2016
Singapore Exchange (SGX) today announced net profit of $349.0 million for FY2016, unchanged from the previous year. This included an impairment charge of $6.0 million on SGX’s investment in the Bombay Stock Exchange. Revenue was $818.1 million, up 5%. ...
Investment demand for gold jumps to all-time high
August 11th, 2016
In late trade in New York on Wednesday gold edged higher to exchange hands at $1,352 an ounce. Last week gold closed at a two-year high and year to date the metal is up 27% or nearly $300 an ounce. A new study ...
Asian stocks jump to one-year highs as yield hunt spreads
August 8th, 2016
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors’ hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and ultra-easy easy global monetary policy conditions. While the strong July ...
Rattled investors seek shining path to gold
August 5th, 2016
Gold prices have surged nearly 30 percent this year, proving the commodity to be a commonly favored safe-haven for investors in the face of increased market volatility and uncertainty. On Wednesday, gold reached its highest level in 33 months ...
KPMG has changed its graduate recruitment process
August 2nd, 2016
Accountancy firm KPMG has changed its graduate recruitment process to suit people born between 1980 and 2000 – the so-called millennial generation. Instead of conducting three separate assessments over several weeks, it will now combine the process into one ...
IMF Managing Director Christine Lagarde will stand a trial for negligence
July 25th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a long-running legal ...
Precious Metals Slide on Stronger Dollar Before Fed as Yen Drops
July 25th, 2016
Ringgit falls sixth day to lead Asian currency declines Turkish stocks climb after steepest weekly drop since 2008 The dollar’s strength weighed on precious metals as investors looked toward central bank meetings this week in the U.S. and Japan. European ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...
