WASHINGTON (Alliance News) – Gold futures were lower Tuesday morning as president Donald Trump prepared to lay out his vision for the US economy in a speech to Congress later today. Trump… Read More
Monthly Archives: February 2017
OLD MUTUAL TO BUY CAERUS CAPITAL AS NEDBANK EARNINGS RISE IN 2016
LONDON (Alliance News) – Old Mutual PLC on Tuesday said it has reached a conditional agreement to acquire financial adviser network Caerus Capital Group, as the wealth management firm reported 2016 results… Read More
STOCKS UP BUT ST JAMES’S PLACE HIT AS CEO RESIGNS
LONDON (Alliance News) – Stocks in London opened higher on Tuesday morning, with defence outsourcer Babcock International leading the FTSE 100, but the gains in the blue-chip index were being limited by… Read More
POUND EXTENDS SLIDE AMID SCOTTISH REFERENDUM JITTERY
BRUSSELS (Alliance News) – The British pound continued to be weak against the other major currencies in the European session on Monday amid fears that the Scottish government may call another… Read More
LSE SAYS EU UNLIKELY TO CLEAR DEUTSCHE BOERSE MERGER
LONDON (Alliance News) – London Stock Exchange Group PLC said its proposed merger with Deutsche Boerse AG is unlikely to be approved by the European Commission. EU had requested that LSE divest… Read More
GOLD IN RALLY MODE AS DOLLAR SOFTENS
WASHINGTON (Alliance News) – Gold futures continued to rise Friday morning, extending 3-month highs as the dollar weakened versus major rivals. Gold has risen sharply since Wednesday’s release of the minutes of… Read More
RBS, STANCHART LEAD FALLERS AFTER 2016 RESULTS
LONDON (Alliance News) – Stocks in London were lower on Friday midday, with a stronger pound weighing on the FTSE 100 index, while banks Standard Chartered and Royal Bank of Scotland… Read More
CRUDE OIL JUMPS NEAR USD55 AFTER SMALL BUILD IN INVENTORIES
WASHINGTON (Alliance News) – Oil futures rose Thursday after the US Energy Information Agency reported a 600,000-barrel build in domestic crude oil inventories. The build was smaller than expected by analysts…. Read More
EX-DIVIDENDS RESTRICT MARKET AMID STRONG RESULTS
LONDON (Alliance News) – Stocks in London were mixed on Thursday midday, as stocks going ex-dividend offset strong gains by other blue-chips after some well-received full-year results. A strong performance by shares… Read More
BOJ UNLIKELY TO CUT RATES FURTHER INTO NEGATIVE ZONE, SAYS KURODA
TOKYO (Alliance News) – The Bank of Japan is unlikely to lower the rates further into negative territory, Governor Haruhiko Kuroda said Wednesday. However, the bank is ready to adjust its policy… Read More
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