Wednesday 1 June 2016

G7 voices concern over emerging markets

Group of Seven leaders voiced concern on Thursday about emerging economies, a senior Japanese official said, as their host, Japanese Prime Minister Shinzo Abe made a pointed comparison to the global financial crisis. "G7 leaders voiced the view that emerging economies are in


Gold drops to 7-week low on Fed rate hike prospects

Gold fell to a seven-week low on Wednesday after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate hikes in the near term. The metal has fallen more than 4 percent since Fed meeting minutes last Wed

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