Glencore Xstrata debuts on market after record merger
Glencore Xstrata began trading as a combined group on Friday, with shares changing hands at 334 pence at the open, valuing the commodities trader and miner at more than 44.5…
Global jitters undermine equity, commodity markets
Growing doubts over the health of global economies pushed Asian shares lower on Thursday, adding to investor caution hours ahead of the European Central Bank meeting and key US jobless…
Japan fund managers cut weightings of global stocks, Japanese bonds
Japanese fund managers cut their allocations for global equities to a seven-month low in April on mounting signs of slowdown in US and Chinese economies, and as a rally in…
Speed traders eyed after Twitter hack attack: US regulator
The phony tweet from the Associated Press’ hacked Twitter account, which sparked a short-lived panic in the stock market a week ago by saying that President Barack Obama was injured…
Asian stocks near 5-year high on back of US rally
Asian stocks closed near a five-year high yesterday, tracking a strong performance in the United States market and buoyed by better-than-expected home sales in the world’s largest economy, amid indications…
Singapore bets on Glencore shares with US$250m swap
Singaporean sovereign wealth fund GIC is seeking to swap a US$ 250 million (HK$ 1.9 billion) portion of its holding in Glencore International convertible bonds into shares in the company,…
With fees, a little understanding goes a long way
Fees are central to investing, but they are also much misunderstood. They are split into many categories, and disclosure varies from fund to fund. Managed funds Managed funds are unlisted…
Investors salivating over high street banks
Investors will have their pick of British banks in the next couple of years with up to five lenders looking to float on the stock market, offering a potentially lucrative,…
US council warns of threat of cyber attacks, market runs
Regulators should guard against runs on the shadow banking system and watch out for cyber attacks on banks in coming months, the top US financial stability group said on Thursday.…
