Anchor Capital: Essential market review, 27 February
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
JPMorgan Chase & Co
Tsipras tamed as economists declare Greece loses austerity fight
Even German Finance Minister Wolfgang Schaeuble concluded Greek Prime Minister Alexis Tsipras will have a ādifficultā time selling the agreement at home
Mining: Metals slump expected to unleash surge in Private Equity deals
The slump in commodities to the lowest in more than a decade is likely to spark a surge of deals this year by mining-focused private equity groups that have so far bided their time on the sidelines.
U.S. economy back in business – takes back leadership from China
After taking a back seat to China for a decade and a half, the U.S. economic locomotive is back in business. Boosted by the collapse in the oil price on top of readjustment created through Quantitative Easing, the world’s biggest economy is now gathering steam. It grew at an annualised rate of 5% in the … Read more
Anchor Capital: Essential market review, 12 January
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
Tencent banking plans gives shares 12% boost, best week since 2011
By Jonathan Burgos (Bloomberg) — Tencent Holdings Ltd. is poised for the biggest weekly advance in three years on analyst upgrades and speculation the addition of online banking and stockbroking will boost earnings at Chinaās second-biggest Internet company. Tencent is set for a 12 percent advance this week in Hong Kong, the steepest such gain … Read more
More iron ore pain in 2015: Aussies see price falling 33%
Australia cut its iron ore price estimate for next year by 33 percent as surging output in the worldās top exporter outpaces Chinese demand growth, adding to a surplus.
Roubini Global sees iron ore below $60 on āmassive surplusā
Iron ore may drop to less than $60 a metric ton next year as the largest mining companies press on with raising supply, deepening a glut just as demand growth in China falters, according to Roubini Global Economics LLC.
Rio Tinto shaping up fast ā cuts spending, defers capex
Rio Tinto Group flags boost in cash returns to investors after joining its biggest rival in cutting spending and operating costs.
Alibaba promoting IPO
September seems to be an exciting month for investors with the launch of Appleās products tomorrow and the announcement that Alibaba has finalised its IPO price range for its listing on the New York Stock Exchange which is expected to be the biggest IPO in US history. But even giants such as Alibaba need to … Read more