Search Results for: Global gold
The Abundant Commodity That’s Becoming Harder to Find
November 27th, 2014
Bauxite, one of the most common ores in the earth’s crust, is growing scarce. It’s been 10 months since Indonesia banned exports of bauxite, used to extract aluminum, in a bid to transform its mining industry, and the global market is still ...
What Greek accounting woes can teach Asia
November 26th, 2014
Asia should care about Greece, because it offers two important lessons. One, that “Greek accounting” triggered the European crisis and weakened an important trading partner to Asia. Two, that weak Greek government financial management and reporting impaired trust and ...
Stocks Rise With Oil After China Rates as Euro Falls
November 21st, 2014
Global stocks climbed, and oil and metals gained after China cut interest rates. The euro weakened and bonds in the region rose after Mario Draghi said the European Central Bank must drive inflation higher. The MSCI All-Country World Index advanced 0.2 percent at 11:21 a.m. ...
Wall Street Used Commodities Storage, Tankers for Unfair Gain, Senate Panel Finds
November 20th, 2014
Wall Street’s biggest banks have used their ownership of metals warehouses, oil tankers and other commodities businesses to gain unfair trading advantages and dominate markets, according to a U.S. Senate investigation. In a report on Goldman Sachs Group Inc., ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
Fed Dual Mandates Clash as Jobless Drop Vies With Inflation
November 18th, 2014
Just when Federal Reserve Chair Janet Yellen and her colleagues will be approaching a decision to raise interest rates, their two mandates will probably be pulling them in different directions. By June 2015, the jobless rate will be very ...
Brent Oil Drops Before OPEC Meeting, Iran Nuclear Talks
November 18th, 2014
Brent crude dropped for a second day as investors weighed the possibility that OPEC will reduce output next week, or that talks over Iranâs nuclear program could result in an agreement. West Texas Intermediate was little changed in New ...
U.S. stocks slip from records; oil falls
November 13th, 2014
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
Moscow Exchange chooses DataSpace as primary data center services provider
November 11th, 2014
Moscow Exchange, Russia”s leading exchange platform for equities, bonds, derivatives, currencies, money market instruments and commodities, announced that it has chosen Moscow-based DataSpace as its primary data center facility and services provider. Following an initial stage in 2015—during which ...
