Search Results for: Global gold
Gold in 2016
January 8th, 2016
Advance signs of a global slump in economic activity emerged in 2015. Furthermore, the dollar’s strength, coupled with widening credit spreads confirms a global tendency for dollar-denominated debt to contract. These developments typically precede an economic and financial crisis ...
EY awards US$1m to winners of its global Better begins with you recognition program
January 5th, 2016
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a better working world – to ...
Goldman, JPMorgan Seen as Fintech Winners While AmEx Suffers
December 29th, 2015
Autonomous Research survey finds most unafraid of disruption American Express, Western Union seen as biggest losers Goldman Sachs Group Inc. and JPMorgan Chase & Co. will probably benefit most from the coming wave of financial technology disruption, rather ...
PRECIOUS-Gold stays firm after Fed raises rates
December 17th, 2015
Gold held gains on Wednesday, after the Federal Reserve raised U.S. interest rates for the first time in nearly a decade, as expected, making clear it was a tentative beginning to a “gradual” tightening cycle. The U.S. central bank’s ...
Gold braced for Fed rate hike
December 14th, 2015
Historical data shows that this isn’t the time to initiate shorts on gold Gold has been lost for direction in recent weeks, moving sideways in the range of $1,060-1,080/ounce. Last week, it ended at $1,074/ounce, down 1.1 per cent. ...
Gold price drop could spur jewellery maker profit in India
December 10th, 2015
While a strengthening dollar and an economic slump in China are battering stocks of jewellers from Tiffany & Co to Chow Tai Fook Jewellery, one company in India is predicting a demand pick-up after gold slid to a five-year low last week. ...
HSBC looks to global loan book to boost profits
December 8th, 2015
HSBC is looking to boost investment banking profits by packaging more of its loans into bonds and selling them to investors in the United States. Post-crisis regulations have made it more expensive for banks to retain loans on their ...
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 ...
Retail gold prices drop as much as Dh11.75 in one month
November 23rd, 2015
Majority of retail investors expect prices to decline further this week Gold’s retail price in Dubai has dropped by more than Dh11 per gram in just about one month, thanks to rising expectations that the Federal Reserve in the ...
Gold Prices Rise as Paris Attacks Spark Safe-Haven Demand
November 17th, 2015
Gold’s gains could be short lived, analysts say, as the market refocuses on the U.S. Federal Reserve Gold prices rose, breaking a three-session losing streak as the terror attacks in Paris sparked safe-haven demand for the metal. The precious metal has ...
