China's ICBC wants to be major bullion market maker

The world's biggest bank by market value, ICBC is the top player by volume on China's gold and futures exchanges, but its participation in foreign markets is limited to over-the-counter trading, which reached a total $90 billion last year.


Turkey's gold reserves went up by 29.7 metric tonnes in April

In April, many countries decided to increase their gold reserves as gold averaged $1,649.74 an ounce, data on the IMF's website showed. Ukraine's reserves went up by 1.4 tonnes, Mexico's by 2.9 tonnes and Kazakhstan's by 2 tonnes.


Gold Poised to Regain Safe-Haven Status

In recent months, gold has traded broadly in line with industrial metals and equities as investors seek cash due to fears over the euro-zone debt crisis and slowing global growth.


ABN AMRO to expand into brokering base metals

ABN AMRO is one of the top players in trade financing for commodities and energy, and competes globally with France's BNP Paribas (BNPP.PA), among other European players.


Where Do the Happiest Millionaires Live?

The survey, which polled individuals with an average net worth of $1.4 million in nine Asian countries, focused on how satisfied these millionaires were with their lives and what their expectations were for future wealth creation.


Trader Quits Morgan for Hedge Fund

Mr. Adams ran Morgan Stanley's interest-rates trading desk in Sydney, Australia, specializing in trading Australian and New Zealand government bonds. He also traded government bonds issued by governments throughout the Asian-Pacific Region.


Asia traders shatter tradition to get social

Social media is increasingly influencing the world of finance and investing. Some hedge funds use Twitter to capture investor sentiment on a given stock and some central banks use internet data to help them gauge economic conditions.


Schroders’ Turner cautiously bullish after difficult 2011

Jane Turner, manager of Schroders’ multi-manager funds, is cautious about the near-term outlook for markets following a difficult 2011 and a rally in which she was held back by exposure to US high-yield debt and defensive shares.


Market Vectors launches emerging markets bond ETF

HYEM seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of The BofA Merrill Lynch High Yield US Emerging Markets Liquid Corporate Plus Index (EMHY), which is comprised of U.S. dollar-denominated bonds issu


Where Does the Real Value Lie for Fixed Income?

Whether the recent shift in Treasury yields reflects a short-term event or the beginning of a real reversal, Mr. Popp suggests that the time may be right for investors to evaluate how an eventual rise in interest rates may impact their portfolios.