China added more gold to its reserves last month, pushing a buying streak toward the two-year mark as prices built support above $4,000 an ounce.
Investor bullishness has become so extreme that it’s time to start reducing exposure to risky assets, according to Bank of America Corp. strategists.
Banca Monte dei Paschi di Siena exceeded profit expectations in the second quarter. Rival lender Banco BPM last week dropped a proposal to Monte Paschi to start merger discussions. Bloomberg's Steven Arons reports. (Source: Bloomberg)
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FORM 8.3
automated-news
FORM 8.3
Weak yen boosts Japan automaker profits, easing Middle East, China stress
Philippine GDP growth slows further to 2.3% in Q2 as inflation bites
DeepSeek, state oil giant back humanoid robot maker Unitree's $900m IPO
Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.
Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy