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By Susanne Walker, Bloomberg |
March 5, 2013
Pacific Investment Management Co.’s Bill Gross, manager of the world’s biggest bond fund, said the yen is likely to weaken to 100 per U.S. dollar on concern stimulus measures by the Bank of Japan will debase the currency.
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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 Joe Richter, Bloomberg |
March 4, 2013
Investors cut wagers on a rally for commodities to the lowest in almost four years and pulled a record $4.23 billion from funds last week as prices erased this year’s gain on a slowdown for manufacturing in China.
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By Joseph Ciolli and David Goodman, Bloomberg |
March 4, 2013
The euro traded at the lowest level against the dollar in almost three months as Italy moved toward more elections and before data forecast to show the region’s economy shrank in the fourth quarter of 2012.
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By Susanne Walker, Bloomberg |
March 1, 2013
Treasuries rose for a second day, with 10-year yields headed for the biggest weekly drop since September, as $85 billion of spending cuts that threatened to slow the world’s largest economy are set to be triggered.
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By Simon Kennedy, Bloomberg |
February 11, 2013
The Group of Seven nations are considering saying they won’t target exchange rates when setting policy as they try to calm concern the world is on the brink of a currency war, two officials from G-7 countries said.
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By John Detrixhe and Joseph Ciolli, Bloomberg |
February 6, 2013
The euro fell toward a one-week low versus the dollar as European Central Bank policy makers prepared to meet tomorrow amid political and banking turmoil that threatens to renew the region’s sovereign-debt crisis.
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By Elisa Martinuzzi and Sonia Sirletti |
February 5, 2013
Banca Monte dei Paschi di Siena SpA, engulfed by criminal probes of former management, may disclose as early as Wednesday the size of losses the bank hid in 2008 and 2009 using derivatives.
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By Takahiko Hyuga, Bloomberg |
January 31, 2013
Nomura Holdings Inc., Japan’s biggest brokerage, said it expects its investment banking operations to recover this year as the country’s stock rally prompts companies to tap capital markets.
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By Aya Takada and Yasumasa Song |
January 29, 2013
The Japanese government says the transfer of farm futures from the Tokyo Grain Exchange won’t boost trading enough to make Tocom profitable.
