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By Press Release |
May 15, 2013
Trading volume in local currency Asian bonds has grown from less than an annual $500 billion in 2008 to more than $1 trillion in 2012.
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By Agnieszka Troszkiewicz |
May 15, 2013
LCH.Clearnet, which clears LME trades, plans to triple a fee levied on contracts before the LME takes over clearing itself next year.
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By Nikolaj Gammeltoft, Bloomberg |
May 15, 2013
U.S. stocks rose, pushing benchmark indexes to fresh records, as data showing weakness in manufacturing fueled bets the Federal Reserve will be in no hurry to scale back stimulus.
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By Chris Vermeulen |
May 15, 2013
Since the middle of April everyone seems to have been building a short position in the equities market. We know picking tops or bottoms fighting the major underlying trend is risky business, but most individuals cannot resist.
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By Mark Deen, Bloomberg |
May 15, 2013
The French economy fell back into recession, increasing pressure on President Francois Hollande to adopt policies to revive growth.
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By Alex Kowalski, Bloomberg |
May 15, 2013
Wholesale prices in the U.S. dropped in April by the most in three years, reflecting a decrease in fuel costs that is helping underpin profits.
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By Olga Tanas and Scott Rose, Bloomberg |
May 15, 2013
Russia left its main interest rates unchanged for an eighth month, brushing off government calls for lower borrowing costs and repeating an incremental cut to seldom used rates after inflation accelerated last month.
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By Lorraine Woellert, Bloomberg |
May 15, 2013
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates.
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By Shobhana Chandra, Bloomberg |
May 15, 2013
Industrial production declined in April by the most in eight months, reflecting broad-based cutbacks in U.S. manufacturing that show factories will provide little support for the economy.
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By Robert McCurtain |
May 15, 2013
Major indexes rallied to new highs Tuesday. Value Line index was biggest gainer, up 1.19%, while market volume rose more than 13%.
