Search Results for: Fed
Russian gas from Greece to Italy; the New project
February 29th, 2016
Gazprom revives ‘Poseidon’ Adriatic link Gazprom has revived a project that would see an offshore pipeline built to bring Russian gas from Greece to Italy. The new project is named “Poseidon”. What remains unclear is how the Russian gas ...
Deutsche Bank: It’s time to buy gold
February 29th, 2016
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The ...
Gold Becomes the Biggest Winner of 2016
February 29th, 2016
Money managers boost net-long positions to highest in a year Inflows to SPDR Gold Shares beat all other U.S. ETFs Gold’s comeback is dominating 2016. The precious metal is the year’s best-performing major asset. Its 15 percent gain is ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
Baltic Exchange says in talks over sale; SGX says among suitors
February 29th, 2016
Baltic says holding discussions with several parties SGX puts in preliminary bid for Baltic Exchange Baltic is leader in freight derivatives Baltic purchase could help SGX develop new products (Updates with Baltic letter to members) The Baltic Exchange confirmed ...
A Modi Lecture Berating Tax Breaks For Rich Rattles India Funds
February 26th, 2016
In the run-up to India’s annual budget, a speech last month by Prime Minister Narendra Modi has become the focus of this year’s market chatter, unsettling some investors. Many local mutual funds, who bought record Indian stocks in 2015 ...
Vgenopoulos: there’s no point in Cyprus continuing to investigate me
February 25th, 2016
There are no ongoing investigations in Greece into allegations of wrongdoing by former Laiki Bank strongman Andreas Vgenopoulos, and such investigations in Cyprus have no point, the embattled financier said on Wednesday. In a statement, Vgenopoulos commented on an ...
Bundesbank posts €3.2 billion profit in 2015
February 25th, 2016
The Bundesbank posted a profit of €3.2 billion for the 2015 financial year, up from €3.0 billion in 2014. This profit was transferred in full today to the Federal Government of Germany pursuant to section 27 number 2 of the Bundesbank Act (Bundesbankgesetz). ...
Apple Goes to the Supreme Court
February 25th, 2016
The Justices should hear the e-book antitrust case. The Supreme Court may consider as early as Friday whether to take an appeal of one of the great antitrust abuses of recent decades, and the economic import is far larger ...
Asia shares edge ahead with oil, pound slips
February 22nd, 2016
Asian share markets edged cautiously higher on Monday as investors awaited a rush of February industry surveys to take the pulse of the global economy, while sterling suffered on concerns the UK might yet vote to leave the European ...
