Central Bank Hunger for Gold Lifts Demand to Three-Year High

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Central Bank Hunger for Gold Lifts Demand to Three-Year High

Central banks continued to load up on gold in the first half, helping push total bullion demand to a three-year high, according to the World Gold Council. Nations added 374.1 tons in the first six months as Russia and China kept building reserves and Poland …
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The Firm That Wrecked Private Equity for the Middle East

The collapse of Abraaj Group didn't just kill the private equity firm Arif Naqvi built in Dubai. It ruined the entire market. Since Abraaj's swift and
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Asian markets mostly fall after Fed declines to signal more rate cuts

Hong Kong (CNN Business) Asian markets mostly declined on Thursday after the Federal Reserve’s chairman Jerome Powell suggested the quarter-point rate cut on Wednesday was a one-off. Meantime, the US-China trade talks in Shanghai ended on …
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Dollar Bears and Trump Both Dealt Blows by Fed's Hawkish Cut

The greenback surged in the aftermath, with the Bloomberg dollar index jumping to a two-month high. Another benchmark from Intercontinental
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Beyond Meat Holders Sell $480M in Shares in Discounted Offering

… this year's best-performing IPO, selling 3 million of the 3.25 million shares sold, according to a statement confirming an earlier report by Bloomberg.
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