Thursday, April 30, 2015

Investors Lose Faith in Turkey


Everyone knows that Argentina, Greece and Ukraine are closest to hell among debt-besieged nations. Now another country is falling into investor purgatory. That's Turkey.

Tuesday, April 28, 2015

Glorious Bonds Mixed After Coupon Paid as Moody’s Flags Concerns

Bonds of Glorious Property Holdings Ltd. were mixed Monday after the developer made a coupon payment Friday, as Moody’s Investors Service flagged concerns about a principal repayment due in October.

Sunday, April 26, 2015

Greece: 'Big, big problems' for debt deal


Eurogroup head Jeroen Dijsselboem has warned that "big, big problems" need to be solved before any Greece debt deal can be agreed.

Friday, April 24, 2015

ZEW: Global woes rattle German investors

Investor sentiment in Germany has shown an unexpected fall after rising steadily for the past five months, a closely watched survey has indicated.

Wednesday, April 22, 2015

Bank of Canada's January rate cut seems enough -Poloz

NEW YORK, April 20 (Reuters) - The Bank of Canada's January interest-rate cut appears to have helped the economy get back on track, bank Governor Stephen Poloz said on Monday, repeating his view that the cut provided enough "insurance" against the impact of dropping oil prices.

Monday, April 20, 2015

Saturday, April 18, 2015

Dollar Halts 3-Day Decline After Report Shows Inflation Firming

The U.S. currency strengthened from an almost two-week low as the increase in so-called core inflation reflected broad-based gains in the cost of living.

Thursday, April 16, 2015

Bonds Rally as Draghi Says QE Program Must Be Fully Implemented

Euro-area government bonds rose as European Central Bank President Mario Draghi said policy makers’ debt-buying plan must be implemented in full to work.The 1.1 trillion euro ($1.2 trillion) quantitative-easing plan has already changed the face of the region’s debt markets.

Wednesday, April 15, 2015

Tuesday, April 14, 2015

UK-wide property to outperform London, analysts forecast

House price increases across the UK will outperform those in London in 2015 for the first time in six years, housing analysts predict.

Sunday, April 12, 2015

Deutsche Bank could settle Libor probe this month - sources

(Reuters) - Deutsche Bank AG, which faces allegations that it tried to rig the Libor benchmark interest rate, could settle with U.S. and British authorities as early as this month, two sources familiar with the matter said.

Saturday, April 11, 2015

Report Shows Job Openings Are Up, but Hiring Slows

WASHINGTON — It turns out we may be able to breathe easier about the slowdown in hiring last month. A new Labor Department report Tuesday showed that job openings surged 3.4 percent to 5.1 million in February — a 14-year high.

Friday, April 10, 2015

Sovereign wealth funds: What does it take to succeed?

Norway's sovereign wealth fund, the country's collective bank account now valued at $1 trillion and built from off-shore oil reserves, is often held up as a prime example of how such funds can succeed.

Thursday, April 9, 2015

Ireland gets nervous at prospect of 'Brexit' as election nears

A general election in Britain is always watched closely on the other side of the Irish Sea, not least because of the tumultuous political history linking the two islands.

Wednesday, April 8, 2015

Fed's Dudley: Poor jobs data reflects 'temporary' weakness

New York (AFP) - The poor US labor market report for March is probably only part of a temporary downturn in the economy, a senior Federal Reserve official said Monday.

Tuesday, April 7, 2015

U.S. Stock Futures Drop on Jobs Data as Ringgit, Oil Rise

U.S. stock-index futures retreated after data Friday that showed the weakest American hiring in more than a year. Emerging-market currencies rallied with gold, while oil traded above $50 a barrel in New York.

Monday, April 6, 2015

Netanyahu: More Sanctions Would Get Better Iran Nuke Deal

Israeli Prime Minister Benjamin Netanyahu said the U.S. and world powers should increase sanctions on Iran to negotiate a better deal on Tehran’s nuclear program, advice quickly rejected by the White House.

Sunday, April 5, 2015

Gold firms after U.S. payrolls data misses forecasts

NEW YORK/LONDON (Reuters) - Gold prices firmed on Friday in holiday-thinned trading, after data showing U.S. employers added the fewest jobs in over a year in March fuelled speculation that a U.S. interest rate hike may be delayed.

Saturday, April 4, 2015

Asian shares rise in quiet holiday trade


Asian shares ended higher following a quiet trading session given several of the region's major markets closed for the Good Friday holidays.

Friday, April 3, 2015

Wealth Funds Turn to Tokyo Property as London Seen as Model

Global wealth funds are moving to buy more Tokyo properties to take advantage of rising prices in the Japanese capital, one of the highest-ranking officials at the land ministry said.