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News & Updates
May 14, 2013 NY pension fund nets 10.38% return
Star-Gazette - The governments have struggled with growing pension costs amid the decline on Wall Street. âThe îNew York State Common Retirement Fundî has reached a milestone,â DiNapoli said in a...
Is the Chinese government actually shrinking? That’s impossible for me to measure from here, but from what new Premier Li Keqiang is saying, the government is at least moving increasingly out of the way of businesses. The central...
May 13, 2013 Why Ben Bernanke Still Worries About Wall StreetSource: Bloombeerg BusinessWeek
The bulls are running on Wall Street, but the chief of America’s central bank worries that the market remains dangerously fragile. Federal Reserve Chairman Ben Bernanke explained why on Friday, May 10, in a speech in Chicago at...
May 13, 2013 Oil Falls Below $96 as Dollar StrengthensSource: ABC News
Oil prices fell Monday as the dollar strengthened against the yen and other major currencies. Benchmark oil for June delivery was down 83 cents to $95.21 per barrel at midday Bangkok time in electronic trading on the New York...
May 13, 2013 ECB's Visco: Deposit Rates Could Go Below ZeroSource: CNBC
European Central Bank governing council member Ignazio Visco told CNBC that the central bank is "technically prepared" to introduce negative deposit rates which would see banks effectively having to pay the ECB to hold deposits,...
May 10, 2013 Wrigley's Caffeinated Gum: A Bad Idea'
LiveScience - Most caffeine junkies get their fix from a strong cup of coffee â but Wrigley's was out to change that. The chewing gum behemoth recently launched a new brand of gum, Alert Energy Caffeine Gum, which contains...
May 10, 2013 Yen slumps to four-year low against dollarSource: Ruters
The yen sank to a four-year low against the dollar and a three-year trough against the euro on Friday after data showed Japanese investors had begun buying foreign bonds
Source: Financial Standard
It will be two decades before all ASX200 companies report environmental, social and governance (ESG) risks at a 'comprehensive' level, according to The Australian Council of Superannuation Investors (ACSI) chief executive Ann...
May 9, 2013 New WTO chief faces challenges
China Daily - âWhen it comes to [the BRICS] trade interest, sometimes they take very different positions and they are not aligned with each other at all and sometimes they have opposing interests,â said Steger, also...
The Business Journal - Itâs with some irony that the Dow Industrial Average has crossed the 15000-point threshold at a time when the stateâs pension system has dramatically trimmed its once overweighted position in...
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