LONDON, Nov 28- The yen struggled near lows against the euro and the dollar on Thursday, and was on track for one of its worst monthly performances this year as investors sold the low-yielding currency to buy higher-yielding assets.» Read More
FRANKFURT, July 30- Deutsche Bank AG pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations after a 630 million euro hike in litigation reserves.
*Vivendi to retain 12 pct stake in Activision. PARIS, July 26- Vivendi agreed to sell the majority of its stake in Activision Blizzard Inc for $8.2 billion on Friday, which it said could pave the way for a broader split of the French conglomerate's media and telecoms assets.
PARIS, July 22- What if German savers were to help rescue Greece, Portugal or Spain by investing in their state assets and companies rather than bailing them out with taxpayer-backed loans?
NEW YORK, July 18- Morgan Stanley will exceed its leverage ratio requirement by 2015 through its existing plan to reduce risky assets and focus on centrally cleared derivatives, Chief Financial Officer Ruth Porat said on Thursday.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
LONDON, July 5- Rising U.S. bond yields should embolden, not spook, investors as they reflect improving growth and increase the allure of assets that most benefit from an economic upturn. Effectively the fixed income market is beginning to discount a strong economic upturn in the next half a year, "said Mike Howell, managing director of CrossBorder Capital.
NEW YORK, July 2- Pimco Total Return, the world's largest bond fund, suffered record large outflows in June, in a second straight month of withdrawals amid carnage in the bond market that have reduced the fund's assets by 8.5 percent, data from Morningstar showed on Tuesday.
The threat of less central bank stimulus and higher interest rates crushed emerging markets more than most recently. And some investors see deals.
NEW YORK, June 30- The threat of less central bank stimulus and higher interest rates has crushed emerging markets more than most assets in the past two months, in some cases slashing the value of stocks and bonds in developing countries to levels not seen since the last financial crisis.
Treasury yields, the benchmark against which all other assets are measured, has set in motion a process that Morgan Stanley analysts describe as a "malign rise in real interest rates"- an exogenous policy tightening dictated by the Fed. Markets are "mimicking the classic effects of a tightening of EM monetary policy," Morgan Stanley told clients.
ABU DHABI/ DUBAI, June 19- When British banker Michael Tomalin took the top job at National Bank of Abu Dhabi in 1999, the lender had about $9 billion in assets- tiny by global standards- and its operations were largely confined to the oil-rich emirate of Abu Dhabi.
Orchard Supply Hardware Stores has filed for Chapter 11 bankruptcy protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.
*Lowe's to be "stalking horse" bidder. *Lowe's plans to have Orchard operate as a separate business. June 17- Orchard Supply Hardware Stores Corp has filed for Chapter 11 bankruptcy protection, court documents showed on Monday, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash.
*Safeway to pay down debt, buy back shares with proceeds. TORONTO, June 12- Empire Co Ltd, the operator of Canadian grocery chain Sobeys, said it is acquiring Safeway Inc's assets in Canada for $5.7 billion, in a move that will nearly double its reach in the country's western provinces.
June 11- PIMCO Total Return Fund, the world's largest bond fund, decreased its holdings of U.S. The fund, which has roughly $285.2 billion in assets and is run by Bill Gross, had previously increased those Treasury holdings in April to 39 percent from 33 percent the previous month.
*Gold/ palladium ratio falls to lowest since March 2011. LONDON, June 11- Palladium prices have reached their highest versus gold in more than two years this week as a rally in risk assets boosts the appeal of industrial commodities, with further rises likely as the economic recovery gains impetus.
Miles Electric Vehicles, founded in 2004 by "green" entrepreneur Miles Rubin, listed estimated assets in the range of $10 million to $50 million, and estimated liabilities of between $50 million and $100 million.
A unit of Dubai Holding, the investment arm of Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, Dubai Group has a portfolio of mainly financial services assets bought during the boom years of the mid-2000s, but which have plunged in value since the 2008 global financial crisis.
Apple and other multinationals that keep money overseas are not doing anything wrong on taxes, opposing political pundits agreed on CNBC. But they clashed on reforms to discourage that practice.
Erik Lueth, Senior Regional Economist at RBS Global Banking & Markets, discusses the fall in gold prices, and predicts where opportunities lie for investors.