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By Nicholas Larkin and Debarati Roy, Bloomberg |
March 12, 2013
Gold’s worst start to a year in a quarter century and the biggest sales by investors on record are increasing concern that bullion’s longest rally since the end of World War I is ending.
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By Will Hadfield and Inyoung Hwang, Bloomberg |
March 8, 2013
Treasury yields and the dollar jumped as faster-than-forecast growth in American jobs bolstered optimism in the world’s largest economy.
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By Joseph Ciolli, Bloomberg |
March 6, 2013
The yen fell versus the dollar, trading at almost the weakest since May 2010, as a private report showed U.S. companies added more workers than forecast in February, damping demand for haven assets.
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By Bei Hu |
March 5, 2013
Hedge-fund managers, traders and analysts in Asia are quitting as assets have failed to recover after the 2008 global financial crisis.
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By Glenys Sim, Bloomberg |
February 26, 2013
The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S. economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group Inc..
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By David Welch and Matt Townsend, Bloomberg |
February 20, 2013
Office Depot Inc. agreed to buy OfficeMax Inc. for $1.17 billion in a bid to revive a retailer that has been losing sales to online rivals and Staples Inc., the largest U.S. office-supplies chain.
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By Nicholas Larkin, Bloomberg |
February 15, 2013
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal.
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By Maria Kolesnikova and Chanyaporn Chanjaroen, Bloomberg |
February 15, 2013
Commodities revenue of the 10 largest banks slumped 24% last year, the first contraction since at least 2008, according to Coalition, a London-based analytics company.
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By Debarati Roy and Phoebe Sedgman, Bloomberg |
February 15, 2013
Billionaire investors George Soros and Louis Moore Bacon cut their stakes in exchange-traded products backed by gold last quarter as futures dropped the most in more than eight years. John Paulson maintained his holding.
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By Stephen Kirkland and Cordell Eddings, Bloomberg |
February 13, 2013
Treasuries extended a third straight day of losses after a $24 billion auction of 10-year notes sold at a higher-than-forecast yield. U.S. stocks, the euro and oil erased early gains.
