Search Results for: Global Markets
Asian Stocks Slip With Won on Portugal as Gold Holds Gain
July 11th, 2014
Asia’s benchmark stock index headed for its first weekly loss since May 9, the cost of insuring bonds in the region climbed and the yen maintained gains with gold amid concern that Europe’s debt problems haven’t been resolved. South ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
Ex-CS commodities head turns to bitcoin
July 10th, 2014
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency. Adam Knight, who has been an angel investor in London since leaving ...
U.S. Dollar Falls after Lack of Fed Guidance
July 10th, 2014
The dollar fell the most in more than a week as minutes from the Federal Reserve’s last meeting failed to provide additional insight on the pace of interest-rate increases next year. The euro gained for a third day versus ...
Portugal Bonds Drop With Europe Stocks as Gold Advances
July 9th, 2014
Portugal and Italy led declines in European bonds and stocks dropped while gold climbed. Emerging-market shares fell from a 16-month high. The yield on Portugal’s 10-year bond jumped 19 basis points to 3.84 percent by 9:53 a.m. in London. ...
Ex-Carter’s executives, NY fund manager get prison for insider trading
July 9th, 2014
Two former executives at Carter’s Inc (CRI.N) and a New York hedge fund manager received prison sentences on Tuesday for engaging in an insider trading conspiracy involving the children’s clothing company’s stock. Eric Martin, a former vice president of ...
GBP Is A Bad Apple While Dollar Is Squeezed
July 8th, 2014
Not the ideal start to a week where many expected more enthusiasms being expressed across the various asset classes, especially after last week’s stronger US employment headline print. Maybe the market is priming itself for the summer doldrums? The ...
Asian Stocks Lower After U.S. Lead
July 8th, 2014
Asian stock markets drifted lower Tuesday after U.S. indexes pulled back from record highs and investors awaited fresh data from China. Japan’s Nikkei 225 index tracked Wall Street’s declines, slipping 0.2 percent to 15,351.25 despite fresh data showing the ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
