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BERLIN, Dec 7- European Central Bank board member Joerg Asmussen has backed German Finance Minister Wolfgang Schaeuble's call for governments to keep scrutinising the banking sector despite complaints that they have already gone far enough.
LONDON, Dec 6- Four months after branding Anglo American's performance "unacceptably poor", Chief Executive Mark Cutifani is to tell investors on Thursday how he plans to improve the miner's operations and hit ambitious 2016 performance targets.
NEW YORK/ LONDON, Dec 6- Just over three decades ago, Goldman Sachs bought a niche coffee-and-gold trading firm called J. Aron& Company, becoming one of the first banks to enter the commodity markets. On Thursday, Deutsche Bank, one of the five biggest players of the past decade, said it would quit commodities trading under regulatory pressure, cutting 200 jobs.
LONDON,- Copper edged up on Friday as tightening near-term supply kept the metal underpinned, though gains were capped ahead of U.S. jobs data that could make or break the case for an imminent scaling back in U.S. stimulus. Also, cash copper is trading at a discount of just $2 a tonne to the benchmark three month price, indicating tight nearby supply.
SINGAPORE, Dec 6- London copper was little changed on Friday, recovering from two-week lows touched earlier this week, but trading was light ahead of a key U.S. labour report that could shed fresh light on when the Federal Reserve will trim its commodity-friendly stimulus.
SINGAPORE, Dec 6- Gold steadied on Friday after choppy trading in the previous session, though was still headed for a weekly decline as improving U.S. economic data raised fears of an early end to monetary stimulus. *Spot gold was up 0.2 percent to $1,226.50 an ounce by 0021 GMT.
Tokyo police arrested a Deutsche Securities employee for suspected bribery after the Deutsche official spent thousands of dollars on entertainment.
*China Mobile outshines rivals after reported Apple iPhone deal. HONG KONG, Dec 5- China shares slipped from multi-week highs early on Thursday led by telecom equipment maker ZTE Corp as investors took profits after Beijing issued long-awaited 4 G licenses to China's three biggest mobile operators.
Two court cases in Colorado say employers can fire workers for using medicinal marijuana off the job, but it could take years to settle the law.
Deutsche Bank is committing about $2.3 billion to prove it's sorry that some of its employees rigged interest rates.
Some of the names on the move ahead of the open.
BRUSSELS, Dec 4- EU antitrust regulators fined six financial institutions including Deutsche Bank, Royal Bank of Scotland and Citigroup a record total of 1.71 billion euros on Wednesday for rigging financial benchmarks. The other banks penalised are Societe Generale, JPMorgan and brokerage RP Martin.
Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
HONG KONG, Dec 4- Global fund managers are reaching outside Asia to tap growing demand for Chinese assets after authorities relaxed investment restrictions to promote the international use of the yuan.
BRUSSELS, Dec 3- European Union antitrust regulators will impose multi-million euro fines on six banks including Citigroup, Deutsche Bank and Royal Bank of Scotland on Wednesday for rigging key interest rate benchmarks, sources said.
EU regulators will fine banks including Citigroup and Deutsche Bank for rigging Libor and Tibor becnhmarks, a person familiar with the matter said.
BRUSSELS, Dec 3- European Union antitrust regulators will fine five banks including Citigroup and Deutsche Bank for rigging yen Libor and Tibor interest rate benchmarks, a person familiar with the matter said on Tuesday. The person said the other banks facing sanctions include Royal Bank of Scotland, JPMorgan and Barclays.
LONDON, Dec 3- Global banking regulators are expected to ease a new capital rule due in 2018 to rein in risky balance sheets after U.S. complaints, two regulatory and banking sources said on Tuesday. The Basel Committee on Banking Supervision published a proposal in June to flesh out a leverage ratio that banks will have to introduce in January 2018.
A study shows half of hedge funds now sell products considered 'long-only' reflecting more conservative investor strategies in the market.
*Retailers down; Tesco, Debenhams fall after downgrades. LONDON, Dec 2- European shares edged lower on Monday as German steelmaker ThyssenKrupp plummeted after failing to find a buyer for its problematic Brazilian mill and British retailers were hit by margin worries.