BNP Paribas Stories
Job growth slower than expected in January
U.S. employment rose far less than expected in January, partly the result of severe snow storms that slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
Analysis: China to be a rates tortoise in Year of the Rabbit
China will be more tortoise than hare in its monetary tightening in the Year of the Rabbit, barely nudging up interest rates even as inflation races to new heights.
BNP, SocGen stocks plummet as French banks show highest exposure to Egypt
European banks' total exposure to turmoil-ridden Egypt stands at around $40.3 billion, with banks in France and the United Kingdom being at greatest risk.
Consumer morale at eight-month high
U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery.
Equities dip, weaker gold hits S.Africa
Emerging stocks edged down on Tuesday as inflation worries persisted and weaker metals prices knocked South African shares and the rand.
China's sizzling end to 2010 calls for tighter policy
China finished 2010 with a bang, its growth soaring past forecasts and inflation slowing less than expected, numbers that could prod the government to intensify its easy-does-it approach to tightening.
China's sizzling end to 2010 calls for more tightening
China finished 2010 with a bang, its growth soaring past expectations while inflation slowed less than expected, numbers that could prod the government to ratchet up its easy-does-it approach to policy tightening.
China ends year with fast growth, slower inflation
China finished 2010 with a bang, its growth soaring past expectations while inflation slowed just a touch, numbers that could prod the government to ratchet up its easy-does-it approach to tightening.
Africa M&A surges to record $44 bln in 2010
Mergers and acquisitions activity in sub-Saharan Africa surged to a record $44 billion in 2010, double the value of a year earlier, Thomson Reuters data showed on Wednesday.
Australia's Tatts eyes bank market to refinance A$700 mln
Australian gaming and wagering company Tatts Group Ltd is considering refinancing its A$700 million in bank debt with its existing lenders after tapping the U.S. private market in December, its chief financial officer said on Wednesday.
Portugal debt cost seen up at auction, but no bailout trigger
Portugal is likely to pay record high premiums to place debt on Wednesday, but recent bond buying by the European Central Bank should avert a dramatic rise in yields to levels that prompt the country to seek a bailout.
Gold Bars Market Very Tight in Hong Kong, Western Profit-Takers Warned of Robust Physical Gold Buying in Asia
Traders are talking about buying dips again, concurs a Hong Kong dealer, noting that Asia physical market remains very tight for Gold Bars. Reuters says the Hong Kong premium for wholesale Gold Bars over benchmark London prices today held at $3 per ounce, a near 30-month high.
Scott Carter, CEO Goldline: Macro-economic trends driving gold for one decade remain firmly in place
Topics of this interview include Scott Carter highlighting the global dynamic of today's interest in gold, and how macro-economic trends continue to drive the decade long bull market of the precious metals. We also evaluate the possibility of seeing QE3 in 2011.
China overshoots loan target and more tightening to come
China overshot its bank loan target in 2010 and finished the year with money growth still running too fast, underscoring the need for more decisive policy tightening to keep inflation in check.
Primary dealers raise Treasury yield forecasts: Reuters poll
Leading economists have boosted their outlook for interest rates on benchmark Treasury debt in tandem with rising expectations for growth in the world's largest economy, a Reuters poll found on Friday. The forecasts for stronger growth came despite a disappointing U.S. payrolls report, which showed employers hired less workers than expected in December, although the unemployment rate ticked lower...
Jobs growth disappoints, but jobless rate falls
Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.
Jobs growth disappoints but jobless rate falls
Employers hired fewer workers than expected in December and a surprisingly large number of people gave up searching for work, tempering the positive news of a big drop in the unemployment rate.
Indian cricketer Anil Kumble turns entrepreneur by floating sport education outfit
India’s well-known cricketer Anil Kumble is now turning a sports entrepreneur and is floating his own start-up venture called Tenvic that will focus on providing for sports education and training in mainstream schools across the country.
Best performing assets in 2010: Precious Metals, led by Silver
The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.
Rising demand should push up crude oil prices in 2011
Many investment banks and commodity analysts have taken a highly bullish stance on crude oil prices for 2011, based largely on economic recovery in the U.S., continued money-printing by the Federal Reserve (thereby, weakening U.S. dollar) and persistent high demand from the emerging markets, particularly China and India.
U.S. leads rich-world recovery as Europe lags: Reuters poll
The United States will lead the rich world's economic recovery over the next two years while Japan and major European economies flounder by comparison, according to Reuters polls of more than 200 economists.
Moody's warning on Spain hits euro, Fed weighs
A downbeat assessment of the U.S. recovery from the Federal Reserve weighed on global equities on Wednesday while European shares and the euro came under pressure from a threat to downgrade Spain's debt.
Interview: Galileo Global Advisors CEO Georges Ugeux on investing in Asia
Galileo Global Advisors CEO Georges Ugeux speaks to IBTimes about investing in Asia outside the scope of public markets.
Fed vs Obama: rates up on tax deal
What the Federal Reserve giveth, Obama taketh away.
Fed vs Obama: Tax deal drives up rates
What the Federal Reserve giveth, Obama taketh away.
Madoff trustee claim also targets RBS: ABN AMRO
Dutch bank ABN AMRO said on Saturday a $270 million claim filed against it by a trustee seeking to recoup money for victims of Bernard Madoff related to operations now owned by British bank RBS .
Strong China trade points to higher interest rates
China's imports and exports were much stronger than expected in November, robust numbers that could clear the way for the central bank to raise interest rates as soon as this weekend.
World stocks gain again, U.S. bonds steadier
World stocks ratcheted higher on Thursday, adding to December's rally, and U.S. Treasuries steadied following their recent sharp sell off.
Spot Gold Up in Dollars, Slips from New Euro & Sterling Highs
Spot Gold touched a near 3-week high for Dollar investors above $1396 per ounce in London trade on Wednesday, but slipped back from new record highs in Euros and Sterling as the US currency dipped on the forex market.
Linklaters strengthens banking and restructuring team by rehiring Chris Howard as partner
British law firm Linklaters has poached on Freshfields Bruckhaus Deringer partner Chris Howard by appointing him as a partner for its London office.