Gold rose after Federal Reserve minutes showed policy makers believed it would be premature to raise interest rates in June.» Read More
SINGAPORE, Nov 5- Asia's secondary credit market was characterized by thin trading and illiquidity, with few players willing to put on new bets ahead of tomorrow's US presidential election.
JAKARTA, Nov 5- Indonesia's economy is seen growing at its slowest pace in two years in the third quarter, as the global downturn finally catches up with a country whose resilience has made it a magnet for foreign investors this year.
The near term is always always uncertain,'' Christian Murck, president of the American Chamber of Commerce in China and independent director of J.P. Morgan Chase Ltd, told Reuters. A lighter regulatory touch on bond writing, derivatives and funding channels are seen as crucial to foreign banks' growth in China.
*Cocoa rallies on Ghana supply squeeze, bucking weak trend. NEW YORK, Nov 2- Oil prices tumbled on Friday as foreign tankers were allowed to bring fuel from U.S. ports to the Northeast to ease a supply crunch after Hurricane Sandy, and metals and other key commodities fell on worries the devastation from the storm could hamper the economic recovery.
NEW YORK, Nov 2- Gold slid 2 percent in heavy trade on Friday, breaking below $1,690 an ounce for the first time in about two months as an encouraging U.S. nonfarm payrolls report lowered expectations for economic stimulus provided by global central banks.
*Raised exposure to US, Japan, Mexico, South Korea, Russia. OSLO, Nov 2- Norway's $660 billion sovereign wealth fund continued its long-term plan to cut investments in Europe in the third quarter, slashing its holdings of Spanish and French debt just as those countries try to recover investors' trust.
*AngloGold Ashanti suspends operations at S. African mine. Spot gold was at $1,709.26 at 1102 GMT, down 0.63 percent, while U.S. gold futures for December fell $5.80 to $1,709.70. ``The stronger dollar is bringing down a number of markets including gold,'' Standard Chartered analyst Daniel Smith said.
By Radu Marinas and Sam Cage and Justyna Pawlak and Raissa Kasolowsky. BUCHAREST/ BRUSSELS/ DUBAI, Nov 2- Two months into anti-government protests in Syria last year, as the military crackdown grew more vicious, the European Union and United States introduced sanctions against President Bashar al-Assad, his security chiefs and members of his family.
HONG KONG, Nov 2- Hong Kong has no plans to change its currency peg against the U.S. dollar, a government official said on Friday, dismissing talk of the authorities rethinking policy after being forced into heavy sales of the Hong Kong dollar to curb its strength.
*Citigroup, Deutsche Bank, HSBC, JPMorgan Chase top list. *G20 finance ministers meet in Mexico this weekend. Nov 1- Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses, global regulators said on Thursday.
*Citigroup, Deutsche Bank, HSBC, JPMorgan Chase top list. *G20 finance ministers meet in Mexico this weekend. Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.
Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.
*Public anger in Greece at tax evasion by wealthy. ATHENS, Nov 1- A Greek journalist who published the names of more than 2,000 of his compatriots who held Swiss bank accounts was acquitted on Thursday in a case that touched a nerve over the role of tax evasion in the country's debt crisis.
LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.
NEW YORK/ BEIJING, Nov 1- Asia's large economies started to pick up steam last month after a year of slower growth, surveys showed on Thursday, while U.S. manufacturing showed modest improvement.
*Public anger in Greece at tax evasion by wealthy. ATHENS, Nov 1- A journalist on trial for publishing the names of more than 2,000 Greeks with Swiss bank accounts accused politicians on Thursday of hiding the truth and protecting an ``untouchable'' wealthy elite.
LONDON, Nov 1- Gold prices eased a touch on Thursday as the dollar firmed, but moves were muted as investors remained focused on U.S. employment data due on Friday for clues on monetary policy. Spot gold was down 0.2 percent at $1,716.45 at 1643 GMT, while U.S. gold futures for December were down $2.29 an ounce at $1,716.20.
LONDON, Nov 1- After several false starts, Barclays is optimistic it can sell a debt instrument that bolsters capital at times of trouble and could clear a path for European rivals to follow. ``I have no doubt that Barclays can get one away- because there are lots of sovereign wealth funds and hedge funds who will love this.
LONDON, Nov 1- Gold prices held near $1,720 an ounce on Thursday as stock markets climbed, indicating better appetite for assets seen as higher risk, while investors focused on U.S. employment data due on Friday for clues on monetary policy.
*Public anger in Greece at tax evasion by wealthy. The case has touched a nerve in near-bankrupt Greece, where rampant tax evasion is undermining a struggle to cut public costs and raise revenue under an EU/IMF bailout deal.