Sunday, August 30, 2015

Gold Climbs as Fed Official Signaled Possiblity of More Stimulus

Gold futures gained for the first time in a week as a Federal Reserve official signaled the possibility of more monetary stimulus, boosting bullion’s appeal as a hedge against possible inflation.

Saturday, August 29, 2015

The world's biggest sovereign wealth fund is getting roughed up

Norway's sovereign wealth fund, the biggest in the world, is getting chewed. The $840 billion fund lost more than 5% on its investments in the past month, the fund's CEO, Yngve Slyngstad, said, according to Bloomberg's Saleha Mohsin.

Friday, August 28, 2015

Norway Fund Said Among Bidders for BlackRock Singapore Tower

Norway’s sovereign wealth fund is among bidders for BlackRock Inc.’s Asia Square Tower 1, an office building in Singapore’s central business district, according to people familiar with the matter.

Wednesday, August 26, 2015

Syriza plans programme to ease 'negative' impact of Greek bailout

Athens (AFP) - Greece's ruling radical left Syriza party is preparing a "parallel" programme to help ease the "negative consequences" of the tough austerity reforms that were required to obtain its latest international bailout, the government said Tuesday.

Tuesday, August 25, 2015

Same Crisis Has Nomura and Barclays Making Opposite Dollar Calls

As the rout in global stocks and commodities altered bets on the trajectory of the currency market, two of the most influential banks adjusted their dollar forecasts -- in opposite directions.