Search Results for: economy
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
July 7th, 2014
In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system’s plumbing is beginning to rise. The Federal Reserve’s bond purchases combined with demand from banks to ...
Bank of Japan keeps upbeat outlook on all regions
July 7th, 2014
The Bank of Japan kept its upbeat assessment for all of the country’s nine regions, saying a moderate recovery was taking hold and bolstering views the economy is on track to meet the central bank’s price target without more ...
Top investor Neil Woodford buys into AstraZeneca
July 7th, 2014
Britain’s highest-profile fund manager, Neil Woodford, has begun building a stake in AstraZeneca in a move that could scupper rival Pfizer’s chances of buying the pharmaceutical giant later this year. AstraZeneca rejected a £69bn bid from the maker of ...
Australia Announces Exploration Development Incentive
July 7th, 2014
The Australian Government has announced a new Exploration Development Incentive (EDI) that will assist junior explorers in raising capital from private sector investors through a refundable tax offset. The legislation is still being finalized, but Acting Assistant Treasurer Mathias ...
Rosneft towards new projects in strategic shift
July 7th, 2014
Rosneft will shift its focus from acquisitions to new projects after a period of aggressive dealmaking that has transformed the Russian energy industry, as the country’s economy is hit by US and European sanctions. The move marks a significant ...
Piketty with Chinese Characteristics
July 4th, 2014
In his bestselling book Capital in the Twenty-First Century, Thomas Piketty argues that capitalism aggravates inequality through several mechanisms, all of which are based on the notion that r (the return on capital) falls less quickly than g (growth ...
U.S. jobs data seen reinforcing strong growth outlook
July 3rd, 2014
U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy’s health and underscore its momentum heading into the second half of 2014. Nonfarm payrolls probably increased by ...
EU Court voids sanctions on former Syrian minister
July 3rd, 2014
A European Union court has voided sanctions imposed by the 28-nation bloc on Syria’s former economy minister. The EU’s General Court said Thursday a travel ban and asset freeze imposed on Mohamad Nedal Alchaar cannot be upheld only on ...
Most Emerging-Market Stocks Advance Before U.S. Payroll Report
July 3rd, 2014
Most emerging-market stocks rose, with the benchmark index holding near a 14-month high, before U.S. jobs data and a euro-area monetary-policy decision today. Anhui Conch Cement Co. (914), China’s largest producer, rose 5.1 percent in Hong Kong after saying ...
Silicon Valley venture capitalist Tim Draper wins bitcoin auction
July 3rd, 2014
Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — from a trove that the government seized in a raid ...
