2 September, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold bounces off 11-week low
Metals Stocks: Gold bounces off 11-week low
Gold prices rebounded just slightly from the prior session’s 11-week low, shaking off concerns of a strengthening dollar and an improving U.S.
2 September, 2014 by The TZ Newswire Staff Comments Off on Currencies: Dollar rises to eight-month high against yen
Currencies: Dollar rises to eight-month high against yen
The dollar extends its gains against the yen on expectations for a U.S.
2 September, 2014 by The TZ Newswire Staff Comments Off on Futures Movers: Oil weak after overnight slump; Brent under $101 a barrel
Futures Movers: Oil weak after overnight slump; Brent under $101 a barrel
Crude-oil futures were slightly higher in Asian trade as oil markets struggle to recover from an overnight slump that pushed oil prices to new lows for this year.
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2 September, 2014 by The TZ Newswire Staff Comments Off on U.S. bank regulators set to adopt liquidity, swaps margin rules
U.S. bank regulators set to adopt liquidity, swaps margin rules
Regulators also will unveil a separate proposal governing how much money swaps buyers and sellers must set aside when they make trades outside central clearing houses. The rules from the Federal Reserve, Federal Deposit Insurance Corp (FDIC) and Office of the Comptroller of the Currency (OCC) are part of a series of reforms aimed at making banks sturdier and heading off another economic meltdown. The liquidity rules, which call for big banks to hold enough liquid assets to meet their cash needs for 30 days, are a key pillar of the international agreement known as Basel III.
2 September, 2014 by The TZ Newswire Staff Comments Off on IFA consumer electronics show: What to expect
IFA consumer electronics show: What to expect
Smart devices, a Samsung product launch and the latest smartphones are expected to dominate the IFA consumer electronics show in Berlin.
2 September, 2014 by The TZ Newswire Staff Comments Off on Crowdfunding helps bag $85M building downtown
Crowdfunding helps bag $85M building downtown
A real estate investment firm that raises much of its cash via crowdfunding, recently closed on an $85 million parcel downtown. Nearly a third of that cash came from the “crowd.”
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2 September, 2014 by The TZ Newswire Staff Comments Off on Abe picks China-friendly lawmakers for key posts
Abe picks China-friendly lawmakers for key posts
Japan’s Prime Minister Shinzo Abe has picked two lawmakers with friendly ties to China for his party’s top posts, a move seen to be aimed at thawing chilly ties with Beijing.