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The dollar is proving scarce, even after the Federal Reserve flooded the financial system with an extra $2.3 trillion, as the amount of the highest-quality assets available worldwide shrinks. From last year’s low on July 27, the greenback has ...
May 28, 2012 at 23:38 | Source: Bloomberg
Assets in money-market funds rose by $1.26 billion in the week ended Wednesday as taxable nongovernment funds' inflows outpaced outflows from taxable government funds and tax-exempt funds, according to the Investment Company Institute.
May 24, 2012 at 23:21 | Source: Wall Street Journal
NEW DELHI (Reuters) - State-run Oil India is looking to buy stakes in U.S. gas driller Chesapeake Energy Corp.'s Mississippi Lime basin and ConocoPhillips' oil sand assets in Canada, its head of finance said on Monday. The cash-rich Indian ...
May 28, 2012 at 14:48 | Source: msnbc.com
Vale SA (VALE3), the world’s largest iron-ore producer, agreed to sell its thermal coal assets in Colombia for $407 million to a unit of Goldman Sachs Group Inc. (GS) as it focuses on metal production. Vale will sell the assets to Goldman’s ...
May 29, 2012 at 00:14 | Source: Bloomberg
TOKYO May 25 (Reuters) - Bank of Tokyo-Mitsubishi UFJ said on Friday it has lifted a freeze on Iranian assets in its accounts outside the United States. BTMU, a core banking unit of Mitsubishi UFJ Financial Group , Japan's biggest banking group ...
May 25, 2012 at 09:58 | Source: Reuters
Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil. The euro’s sudden fall this month caught many investors by surprise.
May 25, 2012 at 02:56 | Source: Financial Times
Mark Zuckerberg's marriage to longtime girlfriend Priscilla Chan the day after Facebook's initial public offering has sparked a lot of speculation about whether the couple had a prenuptial agreement to supersede California's community property laws.
May 28, 2012 at 23:52 | Source: San Francisco Gate
NEW YORK (AP) — Total U.S. money market mutual fund assets rose by $1.26 billion to $2.564 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday. Assets of the nation's retail money market mutual funds rose by $1.83 ...
May 23, 2012 at 23:58 | Source: Seattle Post Intelligencer
HONG KONG (Reuters) - State Grid Corp of China STGRD.UL said on Tuesday that it has agreed to buy electricity transmission assets in Brazil from Spain's Actividades de Construcción y Servicios SA (ACS.MC) (ACS) for $531 million and assume debt ...
May 29, 2012 at 08:49 | Source: Reuters
LONDON — Is now a good time to invest in Europe? Some investors seem to think so. About 60 billion euros ($76.5 billion) has been raised to buy so-called noncore loan assets currently held by European banks, according to the accounting firm ...
May 21, 2012 at 14:35 | Source: New York Times