Search Results for: Goldman Sachs Group Inc.
Computer-Driven, Automatic Trading Strategies Score Big
February 6th, 2015
So-Called Quant Traders Take Advantage of Volatility ‘These are the best conditions we’ve seen since 2008,’ says Roy Niederhoffer Recent market volatility caught many investors flat-footed. Among the few winners were traders who let a computer be their guide. ...
Oil Companies Draw on Creative Financing to Stay Afloat After Prices Tumble
February 2nd, 2015
North America’s small and mid-sized energy companies are searching for creative ways to stay afloat as investors smell blood in the water from the almost 60 percent fall in the price of oil since June. Oil and natural gas ...
Asia May Revitalize Gold Prices Hurt by Fed, Barclays Says
January 13th, 2015
Gold will extend losses this year as U.S. interest rates increase, providing an opportunity for investors to buy the metal to benefit from a rebound spurred by Asian demand, according to Barclays Plc. “We expect gold prices to test ...
Oil Prices Fall to Fresh Lows
January 13th, 2015
Global Benchmark Brent Is 17% Lower for the Year The global oil benchmark settled below $50 a barrel for the first time in nearly six years Monday after Goldman Sachs Group Inc. slashed its forecasts, saying lower prices are ...
HSBC, RBS Expected to Cut Bonuses After FX Fines
January 12th, 2015
HSBC Holdings Plc and Royal Bank of Scotland Group Plc are expected to reduce bonus pools after deducting part of the fines paid for foreign-exchange manipulation, the Financial Times reported. Bonus pools at banks including Deutsche Bank AG (DBK) and Barclays Plc (BARC) were also ...
BlackRock Leads $300 Million Financing Round for South Korean Online Retailer
December 10th, 2014
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...
Shanghai Composite Index Breaks 3,000 for First Time Since 2011
December 8th, 2014
China’s Shanghai Composite Index surpassed 3,000 for the first time since 2011 and a gauge of the nation’s biggest companies headed for a record winning streak on optimism shares will extend their world-beating rally. Citic Securities Co. and Haitong Securities Co., ...
Dollar Approaches 120 Yen on U.S. Growth as Aussie Falls 6th Day
December 4th, 2014
The dollar strengthened to within 0.1 percent of 120 yen, the highest since July 2007, as analysts forecast that U.S. job growth will accelerate while Japan remains in recession. A gauge of the U.S. currency headed for its highest close in more than ...
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 ...
Draghi Urgency for ECB Action Gets Final Reality Check
November 24th, 2014
Mario Draghi is about to find out just how urgent his call for action has become. One week after the European Central Bank president vowed to revive inflation “as fast as possible,” policy makers will receive a glimpse on ...
