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Gold gains as China's central bank bought more bullion in December
Gold futures rose Tuesday to snap a two-session losing streak, gaining from a softer dollar after President-elect Trump rejected reports of a more moderate trade policy approach. Gold prices broadly shrugged off stronger than expected U.
Gold Futures Rise as China Central Bank Buys More Bullion
Gold futures rose as China boosted its reserves of the precious metal for the second consecutive month, while gold traders are likely in for a volatile week, with U.S. labor data due Tuesday, Wednesday and Friday.
China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.
6h
UBS upgrades Bank of America to Buy and boosts price target
UBS analysts upgrade Bank of America (BAC) to Buy from Neutral and lift their price target to $53 from $43. The analysts ...
23h
State-Owned Bank Mandiri Debuts $1 Billion Syndicated Loan
State-owned Bank Mandiri is marketing its first $1 billion syndicated facility, according to people familiar with the matter, ...
1d
on MSN
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...
17h
Singapore empowers police to freeze bank accounts in scam crackdown
Singapore passed a new law on Tuesday allowing police to freeze bank accounts of scam victims as a "last resort" measure to ...
1d
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
Michael Barr, vice chair for supervision for the Federal Reserve and the leader of the U.S. effort behind the so-called Basel ...
5h
Bank of America downgrades Tesla stock, raises price target saying 'execution risk is high'
Tesla stock slipped on Tuesday after Bank of America said it sees shares fairly priced, with some risk to the downside.
20h
Vietnam c.bank to keep flexible monetary policy, monitor Trump policies
Vietnam will maintain a flexible monetary policy aimed at controlling inflation, while authorities will monitor the policies ...
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