Search Results for: China Market
ASX and The Perth Mint to develop precious metals derivatives products
November 26th, 2015
ASX and The Perth Mint (Gold Corporation) have signed an agreement to develop new precious metals derivatives products that will be quoted and traded on ASX. The collaboration will enable ASX to grow its suite of commodities products and ...
Former Goldman Employee Charged With Insider Trading Before Mergers
November 26th, 2015
The Securities and Exchange Commission announced insider trading charges against a former Goldman Sachs employee accused of stealing nonpublic information in the firm’s e-mail system so he could trade illegally in advance of client mergers and make more than ...
Gold prices set to recover from 5-yr lows in 2016 – HSBC
November 26th, 2015
Gold will finally bounce back in 2016 after repeatedly hitting five-year lows in recent months, HSBC said in a report on Wednesday. The bank sees gold averaging $1,160 this year, $1,205 next year, $1,300 in 2017 and $1,325 over ...
Welcome To The Currency War, Part 20: Corporate Profits Head South, Stock Prices To Follow?
November 26th, 2015
A too-strong currency is, in theory, supposed to make it harder to sell things to cheap-currency countries, thus crimping corporate profits and by implication pretty much everything else. The US dollar has been rising against the rest of ...
Brent down; U.S. oil up on stock, rig data in thin Thanksgiving trade
November 26th, 2015
Brent crude oil futures eased but U.S. crude extended gains on Thursday on light trading due to the Thanksgiving holiday, after a smaller-than-expected inventory build in the United States and a fall in the number of U.S. rigs actively ...
Asia stocks mostly climb on ECB easing prospects
November 26th, 2015
Asian markets were mostly higher on Thursday on the prospect of fresh European stimulus even as new data reinforced expectations for tighter U.S. monetary policy. The euro traded above the $1.06 handle, rebounding after hitting a seven-and-a-half month low of $1.0565 ...
Big Oil: Which Are The Top 10 Biggest Oil Companies?
November 25th, 2015
Energy analysts are paying a lot of attention to which companies are cutting back on drilling, which are going bankrupt, and who will be able to survive the downturn. At least 37 oil and gas companies have filed for bankruptcy so ...
Head of Hong Kong-based brokerage Guotai is missing
November 24th, 2015
Head of Hong Kong-based brokerage Guotai Junan International ‘missing’ in case linked to probe of CSRC vice-chairman Shares hammered, closing down more than 12 per cent, after company says it has been unable to contact chairman since Wednesday The ...
Asian stocks under pressure from weak commodities prices
November 24th, 2015
A slide in commodities prices pressured Asian resources shares Tuesday, as investors in the region also try to navigate global central banks’ split approaches to monetary policy. Expectations the Federal Reserve will raise interest rates at its December meeting ...
ASX, Kospi maintain winning run; Fed-watch continues
November 23rd, 2015
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of U.S. monetary policy. Major U.S. indices ended ...
