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.

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.

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.

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.

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.

China share slide: Pension fund to invest in stock market

China plans to let its main state pension fund invest in the stock market for the first time, the country's official news agency, Xinhua, has reported.

China's economy is in trouble. How bad is it?

There is almost no way that China's economy is growing as well as the government says it is.

U.K. Wealth Fund to Target Private Equity, Infrastructure Investment

London Mayor Boris Johnson’s fledgling British sovereign-wealth fund plans to combine local public pension funds and invest billions of pounds in private equity and infrastructure projects.

Oman’s Daily Oil Output Tops 1 Million Barrels for First Time

Oman, the biggest oil producer in the Middle East outside OPEC, said its crude and condensate production in July exceeded 1 million barrels a day for the first time.

For Currency Traders, All Eyes on Inflation Before Fed Liftoff

Do we have liftoff? That’s the question currency traders will be asking next week as they weigh Wednesday’s U.S. inflation data and minutes from the Federal Reserve’s latest meeting for clues about the timing of the central bank’s first interest-rate increase in almost a decade.

China tries to dampen fears of more big devaluations

BEIJING (AP) — China tried Thursday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates.

Treasuries Decline for 2nd Day Before $16 Billion Bond Auction

Treasuries headed for their first two-day decline in a week as investors prepared to bid for $16 billion of 30-year bonds, after demand tumbled at a 10-year note sale Wednesday.

WARREN BUFFETT: Stocks are going 'a lot higher'

Warren Buffett will not let a little bit of volatility scare him out of the stock market. "Stocks are going to be higher," Buffett told CNBC's Becky Quick on Monday.

Investors are running away from U.S. stocks

They're abandoning the United States and flocking to Europe and Japan in search of better places for their money to grow.

Stock exchanges must improve trading model - Norway wealth fund

OSLO, Aug 7 (Reuters) - Global stock exchanges are failing to meet the needs of large institutional traders and are increasingly losing out to private equity when companies seek to raise cash, the world's largest sovereign wealth fund said in a report published on Friday.

Super Thursday: Bank of England votes 8-1 to hold interest rates

Fears that the Bank of England is poised to start raising interest rates have receded, after news that just one of the nine members of its policy committee voted to increase borrowing costs from their record low of 0.5% this month.

Russia Seen Turning to Crisis Playbook to Prevent Ruble Rout

Russia’s central bank may pick up where it left off earlier this year to avert another run on the ruble.

China and Asia are on shaky ground

SYDNEY (Reuters) - Headwinds for the world's second-biggest economy intensified at the start of the third quarter, with manufacturing conditions in China deteriorating to their worst in two years in July and triggering fresh slides in global commodity prices.

Lagarde Says China Economy Strong Enough to Weather Stock Plunge

China’s economy should prove resilient enough to withstand the stock-market rout that has prompted unprecedented efforts by the Chinese government to stem the decline, IMF Managing Director Christine Lagarde said.

Fed's 'nearly balanced' language no bar to Sept rate rise

WASHINGTON (Reuters) - The U.S. Federal Reserve will not need to see balanced risks to the economy to proceed with an interest rate hike in September, according to former Fed officials and a review of central bank statements through recent turns in policy.