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By Andrew Zajac |
March 16, 2013
The Federal Energy Regulatory Commission lacks authority over futures contracts, a U.S. appeals court ruled.
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By Bei Hu |
March 11, 2013
A unit of the world’s largest publicly traded hedge-fund manager expects the best return from its multistrategy fund of funds since 2009.
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By Whitney McFerron and Jeff Wilson, Bloomberg |
March 8, 2013
Soybeans and corn rose for a second straight day on speculation that the U.S. Department of Agriculture will lower its forecast for crops in South America. Wheat fell.
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By Claudia Carpenter and Inyoung Hwang, Bloomberg |
March 7, 2013
Stocks rose, with the Dow Jones Industrial Average reaching a third straight record, as U.S. jobless claims dropped. The euro gained as the European Central Bank said the economy may stabilize this year.
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By Inyoung Hwang and Sarah Pringle, Bloomberg |
March 6, 2013
U.S. stocks rose, extending the Dow Jones Industrial Average’s record high, as a private jobs report showed companies took on more workers than estimated and the Federal Reserve said the economy is growing.
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By Elisa Martinuzzi and Ambereen Choudhury |
March 4, 2013
Riccardo Banchetti, whose work packaging derivatives took him far at Lehman Brothers, is now making a living unraveling the kind of deals he once developed.
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By Nicholas Larkin, Bloomberg |
February 28, 2013
Rhodium, the scarcest precious metal used in making catalytic converters, is outperforming platinum and palladium for the first time in seven years as global car sales rise to a record.
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By Nina Mehta, Nandini Sukumar and Inyoung Hwang |
February 26, 2013
CME Group Inc.’s overtures toward Deutsche Boerse AG are likely to raise the same concern among customers that helped scuttle last year’s deal with NYSE Euronext.
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By Neal Armstrong and John Detrixhe, Bloomberg |
February 22, 2013
The euro touched the lowest level against the dollar in more than a month after the European Central Bank said financial institutions will repay less of its three-year loans next week than economists forecast.
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By Agnieszka Troszkiewicz |
February 21, 2013
The LME says European Union rules seeking greater transparency for OTC derivatives will drive business to the exchange.
