Finance

US court moves to support Elliott affiliate’s bid for Citgo parent

US court moves to support Elliott affiliate’s bid for Citgo parent

By Marianna Parraga HOUSTON (Reuters) -A U.S. judge allowed an affiliate of hedge fund Elliott Investment Management on Thursday to move towards completing its offer for Venezuela-owned Citgo Pet...

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Gold Falls for Third Day as Fed’s Rate-Cut Caution Saps Demand

Gold Falls for Third Day as Fed’s Rate-Cut Caution Saps Demand

A 12.5 kilogram gold bullion bar. (Bloomberg) — Gold slipped for a third day, as traders’ caution over future Federal Reserve rate cuts, along with a stronger dollar, tempered the prec...

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Asian shares to end big central bank week with gains, Nikkei hits record

Asian shares to end big central bank week with gains, Nikkei hits record

By Stella Qiu SYDNEY (Reuters) – Asian shares are set to end a big central week in positive territory, buoyed by hopes of more monetary stimulus around the world, while the Nikkei notched a...

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Dollar steadies as investors consider post-Fed outlook, focus turns to BOJ meeting

Dollar steadies as investors consider post-Fed outlook, focus turns to BOJ meeting

By Gregor Stuart Hunter SINGAPORE (Reuters) -The U.S. dollar held largely steady in early Asian trading on Friday as investors looked to fresh catalysts after the Federal Reserve’s meeting,...

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