(Updates prices, adds closing in Tokyo)
By Lewa Pardomuan
SINGAPORE, Feb 21 (Reuters) - Gold roared to a record on
Thursday as crude oil rose above $100 a barrel, while platinum
jumped to an historic high on speculative buying driven by
supply fears in main producer South Africa.
Not to be outdone, palladium [...]
LONDON, March 13 (Reuters) - Korea Investment Corp (KIC),
South Korea’s sovereign wealth fund, is to put a third of its
assets this year into alternative assets such as hedge funds,
private equities and real estate to diversify its portfolio.
KIC, which was set up in 2005, has invested in only bonds
and equities, [...]
Persian Gulf Shares Advance, Led by Sabic, Sorouh Real Estate
By Zainab Fattah
March 4 (Bloomberg) — Persian Gulf shares gained on
speculation the regions economies will benefit from oil above
$100 a barrel and as a weak dollar encouraged investors to buy
shares as [...]
Persian Gulf Shares Advance, Led by Sabic, Sorouh Real Estate
By Zainab Fattah
March 4 (Bloomberg) — Persian Gulf shares gained on
speculation the regions economies will benefit from oil above
$100 a barrel and as a weak dollar encouraged investors to buy
shares as [...]
Gold Jumps to Record in London as Dollar Slumps to New Low
By Danielle Rossingh
March 6 (Bloomberg) — Gold rose to a record in London as
the dollar fell to the lowest ever against the euro, spurring
some investors to buy the metal [...]
In 2007, for example, the FTSE blue-chip index rose by less than 4 percent. The main index on Liv-ex, an independent trading and settlement platform for the fine wine trade, ended the year up just over 40 percent — and with excitement still bubbling around the 2005 Bordeaux vintage, now being shipped.
“More and more people [...]
By Amanda Cooper
LONDON (Reuters) - Commerzbank money managers believe the explosive rally in commodity prices ranging from wheat to gold will make this the top performing sector of 2008 and have positioned their largest fund of funds accordingly.
In light of the uncertainty over the global economic outlook and the ongoing difficulties [...]
The FINANCIAL — A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit ratings (ICR) of a of United Fire %26amp; Casualty Group (United Fire) and its five property/casualty members, which operate under a business pooling agreement led by United Fire %26amp; Casualty Company (United Fire %26amp; Casualty) [...]
NEW YORK (AP) — Gold futures surged to their highest level ever Wednesday after the dollar plunged to a record low and crude oil spiked above $102 - inflationary signs that fed buying of precious metals as alternative investments.Silver continued its record-setting rally and copper also hit a fresh high. Other commodities traded mixed, [...]
Purple Falls Most in 3 Years on Global Trader Closure (Update2)
By Vernon Wessels
Feb. 15 (Bloomberg) — Purple Capital Ltd. fell the most in
more than three years in Johannesburg trading after the South
African investment companys Global Trader spread-betting unit
in the [...]
