Financials (Legacy)

Investors see big oil surge, but physical markets suggest caution

Investors see big oil surge, but physical markets suggest caution

Published 15/05/2018

NEW YORK/LONDON/SINGAPORE (Reuters) - Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are [more…]

China property investment growth slows, sales dip on increased curbs

China property investment growth slows, sales dip on increased curbs

Published 15/05/2018

BEIJING (Reuters) - China’s property investment growth slowed in April while sales marked their biggest fall in six months as higher borrowing costs and increased [more…]

Shipping’s financiers turning the tide on shipbreaking practices

Shipping’s financiers turning the tide on shipbreaking practices

Published 15/05/2018

LONDON (Reuters) - The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting [more…]

Australia central bank ‘a source of stability’ as banking scandal…

Australia central bank ‘a source of stability’ as banking scandal…

Published 15/05/2018

SYDNEY (Reuters) - Damaging revelations of widespread misconduct in Australia’s banking sector could hurt house price growth and household spending, the country’s central bank said [more…]

U.S. to consider expanding Medicare drug price negotiation

U.S. to consider expanding Medicare drug price negotiation

Published 14/05/2018

WASHINGTON/NEW YORK (Reuters) - The Trump administration is considering expanding Medicare’s ability to negotiate the cost of drugs by giving private payers a role in [more…]

Majority of Sturm Ruger investors vote for gun-safety report

Majority of Sturm Ruger investors vote for gun-safety report

Published 10/05/2018

(Reuters) - (This May 9 story has been refiled to correct name of organization to “Catholic Health Initiatives” from “Catholic Health Services” in thirteenth paragraph.) [more…]

Wells Fargo trims expected hit from regulatory cap on assets

Wells Fargo trims expected hit from regulatory cap on assets

Published 10/05/2018

BOSTON (Reuters) - Wells Fargo & Co on Thursday said a cap on the bank’s growth imposed by regulators after sales practices scandals would hurt [more…]

Samsung Sec to file criminal complaints against employees over ‘fat…

Samsung Sec to file criminal complaints against employees over ‘fat…

Published 07/05/2018

SEOUL (Reuters) - Samsung Securities Co Ltd (016360.KS) said on Monday it would file criminal complaints against its employees who sold shares that they received [more…]

Apple hits record high after Buffett’s Berkshire increases stake

Apple hits record high after Buffett’s Berkshire increases stake

Published 05/05/2018

(Reuters) - Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it bought an additional 75 million shares [more…]