12 August, 2014 by The TZ Newswire Staff Comments Off on London Markets: U.K. pound falls, stocks steady after jobs data
London Markets: U.K. pound falls, stocks steady after jobs data
The FTSE 100 holds to a small gain Wednesday, while the pound drops against the U.S.
12 August, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil falls further; Brent crude at 13-month low
Futures Movers: Oil falls further; Brent crude at 13-month low
Crude-oil futures extend losses, pushing Brent crude to its lowest level in more than a year after the IEA cut global demand forecasts on Tuesday.
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12 August, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar steady against yen after Japanese GDP data
Currencies: Dollar steady against yen after Japanese GDP data
The euro and the dollar hold to levels after Japan logs a less-than-expected fall in its second-quarter gross domestic product.
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12 August, 2014 by The TZ Newswire Staff Comments Off on How Can the State Bank of India Pay Interest in Gold?
How Can the State Bank of India Pay Interest in Gold?
by Keith Weiner
An article caught my eye this week. The Tirumala Tirupati Temple in India has deposited gold at the State Bank of India, and is getting paid interest on their deposit. There is something unique about this. The interest is paid in gold.
12 August, 2014 by The TZ Newswire Staff Comments Off on Brokerages face exodus as advisers get better deal in indie firms
Brokerages face exodus as advisers get better deal in indie firms
The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire. Prices are rising for independent brokers because of demand from investors and other firms, while supply is low because advisers have made steady money through a five-year bull market and are waiting to sell.
12 August, 2014 by The TZ Newswire Staff Comments Off on Worst drought in half a century hits China’s bread-basket
Worst drought in half a century hits China’s bread-basket
China’s worst drought in more than 50 years is sweeping across the country, devastating harvests in its wake and threatening food security.
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12 August, 2014 by The TZ Newswire Staff Comments Off on Is Prospect Capital Ready For Rising Rates?
Is Prospect Capital Ready For Rising Rates?
ByDuane Batcheler:
This article is a follow-up to Part 2 of my recent series of articles discussing which BDCs are better positioned for rising interest rates. Please read “Rising Interest Rates & BDCs: Part 1” discussing the core drivers that impact a BDC’s net investment income, including: