BlackRock CEO Fink: Investors not ‘overzealous’ on equities despite rally
Even as the stock market enjoyed a sharp rally recently, many of BlackRock’s clients were under-invested in equities and remained heavily oriented towards fixed-income securities,...
BlackRock beats profit estimates as assets swell to record $7.43 trillion
BlackRock Inc , the world’s largest asset manager, beat analysts’ estimates for quarterly profit on Wednesday, helped by strong flows into its exchange-traded fund business...
Kudlow says future tariff relief on China depends on enforcement: CNBC
U.S. tariffs will remain on Chinese imports while the Trump administration sees how enforcement plays out under the Phase 1 trade deal with Beijing, White...
Wall Street set to open lower as investors weigh trade deal, earnings
U.S. stocks were set to open lower on Wednesday ahead of the release of details of an initial U.S.-China trade deal, with investors also digesting...
OPEC expects lower demand for its oil as U.S. hits new milestone
OPEC expects lower demand for its crude oil in 2020 even as global demand rises, it said on Wednesday, as rival producers grab market share...
Bank of America beats on bond trading boost, loan growth
Bank of America Corp beat analysts’ estimates for quarterly profit on Wednesday, as a boost from bond trading and growth in its loan book helped...
What is artisanal gold and why is it booming?
A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where they...
Race to refine: the bid to clean up Africa’s gold rush
In a refinery just outside Uganda’s main airport, workers slip bars of freshly refined gold into clear plastic bags sealed with a sticker of the...
JPMorgan first major brokerage to rate Saudi Aramco ‘overweight’
JPMorgan is the first major brokerage to initiate coverage of Saudi Aramco with an “overweight”, setting a price target of 37 riyals ($9.86) per share...
Record high stocks pause to gauge Sino-U.S. trade outlook, company earnings
World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped as euphoria over a Sino-U.S. trade deal was depleted by...