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Trump rips the Fed, says he"s not thrilled about rate hikes

In a stinging and historically rare criticism, President Donald Trump expressed frustration with the Federal Reserve and said the central bank could disrupt the economic recovery......»»

Category: topSource: moneycentral12 hr. 45 min. ago

Deutsche surprises market with earnings forecast upgrade

Deutsche Bank expects second-quarter net profits will be more than double analysts' forecasts in a rare piece of good news for Germany's largest bank which is cutting costs to try to revive profitability......»»

Category: topSource: reutersJul 16th, 2018

Deutsche Bank is making money again

Deutsche Bank has surprised investors with a rare piece of good news......»»

Category: topSource: cnnJul 16th, 2018

Chinese Shadow Bank Lending Unexpectedly Plummets, Sparking China Growth Fears

According to most flow-tracking economists (an.....»»

Category: blogSource: zerohedgeJul 14th, 2018

Alleged wine theft from Goldman Sachs' 'CEO-in-waiting' could end in plea bargain deal

Nicolas De-Meyer allegedly stole expensive and rare vintages while working as the personal assistant to David Solomon, a wine collector and potential CEO-in-waiting at investment bank Goldman Sachs       .....»»

Category: topSource: usatodayJul 13th, 2018

Alleged wine theft from Goldman Sachs CEO-in-waiting could end in plea bargain deal

Nicolas De-Meyer allegedly stole expensive and rare vintages while working as the personal assistant to David Solomon, a wine collector and potential CEO-in-waiting at investment bank Goldman Sachs       .....»»

Category: topSource: usatodayJul 13th, 2018

Yuan "Death Crosses" As Default Wave Forces Chinese Banks To Raise Capital

According to survey data by Bank of America Merrill Lynch, stretching back to 2009, investors have never been so bearish of Asian bonds in history. Investors see China's .....»»

Category: blogSource: zerohedgeJul 12th, 2018

Yuan Steadies After Large Drop in Official Rate

The Chinese yuan recovered from a morning decline to end roughly flat against the dollar on Thursday, after the central bank guided the currency to its largest one-day drop against its U.S. counterpart in a year and a half......»»

Category: topSource: wsjJul 12th, 2018

Condo developers land $40M loan from Bank of the Internet

Bank of Internet has funded a $40 million loan to fund the conversion of an Upper West Side synagoge by Chinese developer Landsea Homes and its partner Leyton Properties. The companies plan to build a 1.....»»

Category: realestateSource: realestateweeklyJul 5th, 2018

USD/CNY (CNY=X) Yuan steadies after Chinese central bank moves

USD/CNY (CNY=X) Yuan steadies after Chinese central bank moves Today’s chart shows the USDCNY exchange rate against the monetary policy interest rate differential for China (People’s Bank of China) and the US.....»»

Category: topSource: livetradingnewsJul 4th, 2018

Trade worries dent stocks, yuan steadies

LONDON (Reuters) - World stocks were flat on Wednesday amid growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China's central bank acted to calm investors......»»

Category: topSource: reutersJul 4th, 2018

Is Gold 1 OZ (XAU=X) Winning the Trade War

Is Gold 1 OZ (XAU=X) Winning the Trade War The Central Bank of Russia has boosted the share of Chinese currency and gold bullion in its reserves, diversifying from tr.....»»

Category: topSource: livetradingnewsJul 4th, 2018

Global stocks tread water on trade worries, yuan steadies

LONDON (Reuters) - World stocks treaded water on Wednesday amid growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China's central bank acted to calm investors......»»

Category: topSource: reutersJul 4th, 2018

Currencies: China’s yuan rallies against the dollar

The Chinese yuan was trading higher against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”.....»»

Category: topSource: marketwatchJul 4th, 2018

The Chinese Billionaire Whose HNA Group Took Major Stakes in Hilton and Deutsche Bank Has Died

Wang Jian was 57. The billionaire co-founder and chairman of China’s HNA Group died Tuesday in an acc.....»»

Category: europeSource: fortuneJul 4th, 2018

Trade war worries drag world stocks lower, yuan steadies

LONDON (Reuters) - World stocks were dragged lower on Wednesday by growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese imports, while the yuan rebounded after China's central bank moved to calm investors......»»

Category: topSource: reutersJul 4th, 2018

Yuan Reverses Course, Rises Against Dollar

The Chinese currency surged against the dollar on Wednesday, continuing a recovery that began the previous afternoon after China’s central bank chief pledged to keep the exchange rate “basically stable.”.....»»

Category: asiaSource: wsjJul 4th, 2018

"China doesn"t need to punish itself for others" foolish trade policies": Wall Street warns Beijing against weakening its currency

AP/Emily Wang The Chinese yuan has been sinking to fresh lows versus the dollar. Though the People's Bank of China has tolerated the depreciation beyond its stated exchange-rate policy, analysts say yuan depreciation.....»»

Category: topSource: businessinsiderJul 3rd, 2018

A day before his arrest, Malaysia"s former prime minister swore that $680 million found in his bank account is actually a donation from Saudi Arabia

REUTERS/Lai Seng Sin Former Malaysian prime minister Najib Razak was arrested on Tuesday by anti-corruption officers. His arrest is related to a former subsidiary of the state investment fund 1MDB that allegedly had $10.6 million moved t.....»»

Category: topSource: businessinsiderJul 3rd, 2018

Chinese Rout Halted By Central Bank Intervention; Global Markets Rebound

Once again, the overnight session was all about China. Shortly after the PBOC fixed the Yuan weaker by 340 pips to 6.6497, the weakest since August 25, 201.....»»

Category: blogSource: zerohedgeJul 3rd, 2018