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By Glenys Sim, Bloomberg |
April 10, 2013
The turn in the gold price cycle is accelerating after a 12-year rally as the recovery in the U.S. economy gains momentum, according to Goldman Sachs Group Inc., which reduced forecasts for the metal through 2014.
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By Joseph Ciolli, Bloomberg |
March 18, 2013
The euro slid the most in 14 months against the dollar after a proposed levy on bank deposits in Cyprus threatened to worsen the European debt crisis.
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By Stephen Kirkland and Jason Clenfield, Bloomberg |
March 18, 2013
The euro weakened to its lowest level this year, while stocks and commodities slumped, as an unprecedented levy on Cyprus’s bank savings threatened to throw Europe back into crisis.
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By Agnieszka Troszkiewicz, Bloomberg |
March 15, 2013
Industrial metals headed for a second weekly advance in London on signs of a reviving economy in the U.S., the second-biggest consumer of copper and aluminum.
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By John Detrixhe and Anchalee Worrachate, Bloomberg |
March 14, 2013
The yen dropped to almost the weakest since August 2009 after the lower house of parliament endorsed Haruhiko Kuroda, an advocate of increased stimulus, as the next central bank governor.
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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 Stephen Treloar, Bloomberg |
February 27, 2013
Norway’s bond haven is about to become a lot smaller. The government is preparing to repay a record 66.5 billion kroner ($11.8 billion) in 6.5% bonds maturing May 15.
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By Josiane Kremer, Bloomberg |
January 18, 2013
Norway’s financial regulator and central bank have received e-mails since 2010 from bankers outside the country alleging that interbank lending rates were being rigged.
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By Nicholas Larkin and Debarati Roy, Bloomberg |
January 15, 2013
Danske Bank A/S and Credit Suisse Group AG, the most-accurate gold forecasters, say prices will probably peak this year while their nearest rival, UniCredit SpA, sees no end in sight to the 12-year bull market.
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By Adam Ewing, Bloomberg |
January 10, 2013
Nokia Oyj, the Finnish mobile-phone maker seeking to reverse falling sales, reported fourth-quarter profitability for its handset business exceeding its forecast, helped by recovering demand and cost cuts. The stock jumped.
