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  • *Singapore launches 25 kg gold contracts on Monday. LONDON, Oct 13- Gold prices rose on Monday as the dollar fell and worries over the global economic outlook hit investors' appetite for risk, lifting the appeal of assets perceived as safer. "It would appear that the global risk aversion is the only friend to gold and that is reflected in a slightly lower dollar and the...

  • NEW YORK, Oct 10- An index of global equities fell to a seven-month low and oil hit a two-year low on Friday, continuing a string of weakness built on worries about weak worldwide economic growth. Assets tied to expectations for improved growth have been hit by a recent raft of weak indicators from Europe at a time when other big economies, including China, Japan and...

  • RIO DE JANEIRO, Oct 8- A year after the epic collapse of his industrial empire, Brazilian tycoon Eike Batista's financial and legal troubles appear far from over. Once worth more than $30 billion and listed as the world's eighth-richest man by Forbes Magazine, Batista says his debts now exceed his assets by $1 billion and the value of his remaining stakes in the oil,...

  • GT Advanced files for bankruptcy Monday, 6 Oct 2014 | 10:22 AM ET

    Oct 6- Solar and LED equipment maker GT Advanced Technologies Inc, a supplier of sapphire glass to Apple Inc, said it had filed for voluntary bankruptcy protection. The company, whose subsidiaries also filed for bankruptcy, said it had $85 million of cash as of Sept. 29. GT Advanced listed assets and liabilities in excess of $1 billion in its Chapter 11 petition.

  • Oct 2- Charles Schwab Corp has dropped the Pimco Total Return Fund from its 10 target date funds and collective trusts, a company spokeswoman told Reuters on Thursday. The retail target date funds have $2.9 billion in assets- $141 million of which had been in the Pimco Total Return Fund. Schwab is looking for a replacement for the Pimco fund and has temporarily...

  • NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.

  • Sept 30- Bill Gross's sudden departure from Pimco and the Total Return Fund he ran for 27 years was the last straw for Jim Phillips, president of Retirement Resources, a Peabody, Massachusetts- based firm that advises 401 plans with $50 million to $100 million in assets.

  • NEW YORK, Sept 26- Bill Gross's departure from investment firm Pimco could lead investors to pull hundreds of billions of dollars in assets from its parent company and invest them with Janus Capital Group, the rival firm that Gross is joining, a Morningstar analyst said Friday.

  • To reduce inequality, end buyback 'binge': Study Tuesday, 23 Sep 2014 | 2:16 PM ET

    Share repurchases have soared since the Great Recession ended, totaling more than $950 billion just in the past two years alone.

  • PRECIOUS-Gold edges up on softer dollar, equities Tuesday, 23 Sep 2014 | 10:34 AM ET

    *U.S. attacks IS targets in Syria. LONDON, Sept 23- Gold rose on Tuesday as the dollar eased following comments from a New York Federal Reserve official that any increase in interest rates should be done cautiously, while U.S. air strikes added to global tensions and demand for safe assets.

  • MOSCOW, Sept 23- Russian assets firmed on Tuesday, buoyed by a report that the European Union might review sanctions imposed against Moscow over its role in the Ukraine crisis and by positive economic data from China, a major market for Russia's raw materials.

  • MOSCOW, Sept 23- Russian assets firmed on Tuesday, buoyed by positive economic data from China, a major market for Russia's raw materials, and by a report that the European Union might review sanctions imposed against Moscow over its role in the Ukraine crisis.

  • Parliamentary elections are due next May, with the last-minute pledges made to Scotland in an effort to keep the United Kingdom together expected to complicate the picture. It remains to be seen whether, despite the Scottish vote, investors will now require a greater risk premium to hold UK assets. *Scotland stays in UK, but Britain faces change.

  • BOSTON, Sept 17- Despite the recent rebuke of hedge funds by the influential California Public Employees' Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show.

  • Mining giants may hoard cash as iron ore prices sag Tuesday, 16 Sep 2014 | 5:00 PM ET

    Stung by slower growth in China, global miners have reined in expansion plans and brought in new management to sell assets and drive their mines harder, raising hopes that BHP Billiton alone could hand back up to $8 billion to investors.

  • Sept 16- Bill Barrett Corp said it would exchange most of its acreage in Wyoming's Powder River Basin for oil-producing assets in Colorado, and also sell some natural gas assets in the state.

  • Drugmaker Siga Technologies files for bankruptcy Tuesday, 16 Sep 2014 | 7:10 AM ET

    Sept 16- Siga Technologies Inc filed for voluntary bankruptcy protection on Tuesday and said the filing was to preserve its ability to supply its antiviral smallpox drug to the U.S. Siga listed total assets of $209.5 million and liabilities of $197.9 million in its Chapter 11 petition with the Southern District of New York.

  • BRASILIA, Sept 13- Brazil federal prosecutors have filed criminal charges against Eike Batista, accusing the fallen tycoon of market manipulation and seeking to freeze up to $1.5 billion reais worth of his financial assets and properties.

  • 10 'poorest' companies make investors rich Wednesday, 10 Sep 2014 | 11:03 AM ET
    A Range Resources sign on the Worstell natural gas site in Chartiers Township, Washington County, Pennsylvania.

    The 10 S&P 500 firms with the least cash, cash equivalents and investments have outperformed the market and the richest companies. USA Today reports.

  • EU bank tests may miss trillion dollar risk - study Wednesday, 10 Sep 2014 | 2:00 AM ET

    LONDON, Sept 10- Some European banks being checked by regulators for signs of capital weakness may be sitting on up to a trillion dollars of potentially unsafe assets because their holdings of sovereign bonds are not being fully risk assessed, a new study has found.