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Deutsche Bank resigns seat on precious metal fixes

Gold Bar And Coins

Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said on Tuesday, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.

Yikes! US economy crawls in first quarter

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The U.S. economy barely grew in the first quarter as exports tumbled and businesses accumulated stocks at the slowest pace in nearly a year, but activity already appears to be bouncing back.

Markets show growing unease over Abenomics

Chennai Super Kings Elephant

Following a period of exuberance around Abenomics, Japanese Prime Minister Shinzo Abe's three-pronged economic revival program is now generating a sense of unease among investors.



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Nomura sees 49% profit fall

Nomura Holdings’ third-quarter profit fell 49% as brokerage commissions and investment-banking fees slumped and the firm posted another loss abroad.