HSBC Global Asset Management, an arm of HSBC Holdings (HSBA.L), is buying bonds of commodity exporting countries because their valuations have dropped so far with the plunge of oil prices, an executive said.
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Buffett tells foreign investors good profits to be made in U.S.
Berkshire Hathaway Inc Chief Executive Officer and Chairman Warren Buffett said on Monday the U.S. economy and investment climate are a tailwind for his companies' success and encouraged foreign investors to jump in too.
Strong euro zone business data sends euro, shares higher
The euro rose and European shares edged up on Tuesday, responding to signs the euro zone economy is gaining momentum, while a slowdown in factory activity in China kept oil and commodities-linked assets under pressure.
Dollar slips further, crude oil prices rebound
The dollar fell further on Monday on views a Federal Reserve interest rate hike will come later rather than sooner, and the decline helped boost oil prices.
Wall St. slips after rally as dollar swings
U.S. stocks edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the dollar and its impact on other markets, including crude prices.
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As the dollar surged in the last 12 months, David Marcus, head of the Evermore Global Value fund, steadily increased his stake in Europe. He now has 60 percent of his portfolio invested in companies in the euro zone, the largest stake among any global fund tracked by Lipper.
A subsidiary of Mexican billionaire Carlos Slim's Grupo Financiero Inbursa (GFINBURO.MX) bank has entered two loan agreements for nearly $700 million, pledging America Movil stock as collateral, according to a filing published on Thursday.
Investors enjoying near-record levels for major stock indexes will scrutinize housing data and other economic indicators in the coming week for hints about the timing of U.S. interest rate hikes to see if the rally will continue.
U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the dollar, upbeat results from Nike and further biotech gains.
Zodiac Aerospace suffered its worst share price drop in six years on Friday after issuing a profit warning due to delays in aircraft seat production that have prompted intervention by leading planemakers.
Upscale jeweler Tiffany & Co's (TIF.N) quarterly sales fell for the first time in five years and are expected to decline further in the current quarter, hurt by the strong dollar.
U.S. stock index futures climbed on Friday after a one-day pullback as investors were reassured by a reform pledge by Greece to its EU creditors that could help avert a cash crunch.
U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower.
World shares rose back towards all-time highs and a slump then jump in the dollar triggered wild moves in currency markets on Thursday, as investors priced in a later start and a slower pace for future U.S. rate rises.
