Friday 1 November 2024
 
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Paulson

Gold bull Paulson sells third of bullion holdings

Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the third quarter, data showed, dampening sentiment in the gold market on Tuesday. Paulson & Co. cut its holding in the SPDR Gold Trust&

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Inflation a huge problem: Paulson

US Treasury Secretary Henry Paulson said on Thursday that inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll. "When you look around the world broadly, I think inflation i

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Paulson stands by intervention comment

US Treasury Secretary Henry Paulson on Tuesday said he stood by comments made a day earlier in which he said he would never rule out currency intervention as a potential policy tool. "I'll let my comments stand," Paulson said in an intervi

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Dollar peg served ME well says Paulson

US Treasury Secretary Henry Paulson said on Saturday the dollar peg for currencies in the Middle East had served those countries well and any changes to the peg would be a sovereign matter. Asked about the dollar peg, Paulson, on a visit t

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Paulson to push for oil investment in Gulf

US Treasury Secretary Henry Paulson will emphasise during a trip to the Gulf the need to allow private investment in the oil sector, a senior Treasury official said. Paulson departs on Thursday for a four-day trip to Saudi Arabia, Qatar an

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US economy having a tough time: Paulson

The US economy has turned down sharply and is facing a tough quarter, US Treasury Secretary Henry Paulson said on Thursday. Speaking to reporters during a visit to Beijing, Paulson sidestepped a question on whether the economy was at risk

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US 'can withstand credit turmoil'

US Treasury Secretary Henry Paulson said the turmoil in global markets will "extract a penalty" on growth but the financial system and economy was strong enough to withstand it without provoking a US recession. "The economy and the markets

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