The London Bullion Market Association has raised membership fees and offered the option to pay the dues two years in advance as it seeks to strengthen its finances amid a costly legal challenge.
The dollar neared its strongest levels this year as fiscal strains and renewed political uncertainty in Europe boosted its haven appeal, even as its run of gains stoked concerns the rally is becoming overstretched.
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Raiffeisen Bank International AG said an internal review didn’t find evidence to back up allegations made by a short-seller in an attack that had hit the Austrian lender’s share price.
Volare Shipping Ltd. jumped on its first day of trading in Oslo on Monday after the spin-off arm of Trafigura Group Pte. became the latest in a spree of tanker listings in the Norwegian capital.
Raw sugar futures extended gains, with worries about tighter global supplies mounting because of weather and production concerns across top growers.
“We’d better get real quick or we’re going to have a financial crisis that makes the Great Recession of 2008 look like a picnic.”
Intel shares are taking a hit on Monday after a report that TSMC may help with Elon Musk’s Terafab factory.
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Keep an eye on artificial-intelligence spending in the upcoming earnings season, Panmure Liberum’s Joachim Klement said.
