-
By Stephen Kirkland and Inyoung Hwang, Bloomberg |
March 5, 2013
Stocks jumped, sending the Dow Jones Industrial Average to a record, and metals rose as China vowed to maintain its growth target, U.S. service-industry growth improved and investors bet central banks will continue stimulus measures.
-
By Fion Li and Ye Xie, Bloomberg |
February 27, 2013
For the first time, China’s yuan has overtaken the Russian ruble for transactions in the global payment system, according to Society for Worldwide Interbank Financial Telecommunication, a financial messaging platform.
-
By Simon Kennedy and Gonzalo Vina, Bloomberg |
February 12, 2013
Group of Seven policy makers roiled the currency markets they sought to calm amid conflicting messages on how much of an economic threat is posed by the weakening yen.
-
By Joseph Ciolli, Bloomberg |
January 29, 2013
The euro rose to its strongest versus the dollar since December 2011 after exceeding a technical level amid increasing appetite for risk.
-
By Nicholas Larkin, Bloomberg |
January 23, 2013
Physical gold demand has been unusually strong for this time of year, with “good buying” from Southeast Asia, according to Standard Bank Plc.
-
By Nicholas Comfort and Annette Weisbach, Bloomberg |
December 14, 2012
Deutsche Bank AG’s announcement yesterday that earnings will suffer this quarter added to a cacophony of negative news over the past two weeks that’s increasing pressure on the company’s new leadership.
-
By Howard Mustoe, Bloomberg |
December 11, 2012
HSBC Holdings Plc, Europe’s largest bank, agreed to pay $1.92 billion to settle U.S. probes of money laundering in the largest such accord ever.
-
By Greg Farrell and Howard Mustoe, Bloomberg |
December 10, 2012
HSBC Holdings Plc will pay at least $1.9 billion to settle U.S. probes of money laundering allegations involving Europe’s largest bank, a person familiar with the matter said
-
By Howard Mustoe, Bloomberg |
December 10, 2012
Standard Chartered Plc, Britain’s second-largest bank by value, agreed to pay $327 million of fines relating to transactions with Iranian clients that may have violated U.S. sanctions.
-
By Howard Mustoe and Gavin Finch, Bloomberg |
November 5, 2012
HSBC Holdings Plc said it’s likely to face criminal charges from U.S. anti-money laundering probes and the cost of a settlement may “significantly” exceed the $1.5 billion the bank has set aside.
