Galaxy Visions Group

Oil extends gains on supply concerns

PERTH (Reuters) - Oil rose towards $133 a barrel on Monday, extending the previous session’s gains on a supply outage at the Statfjord oilfield in the North Sea and a weak U.S. dollar.

See the original post here:
Oil extends gains on supply concerns

Asian stocks drop as inflation fears fly

HONG KONG (Reuters) - Asian stocks fell more than 1 percent on Monday, with regional shares outside Japan hitting a 1-month low, as investors feared rising inflation and sluggish U.S. economic growth would seriously dent consumer demand.

Company Information

Source:
Asian stocks drop as inflation fears fly

Threadneedle launches in Asia with HK office

HONG KONG (Reuters) - UK fund house Threadneedle said on Monday it had launched operations in Asia with the opening of a Hong Kong office in a bid to win more business in the fast-growing but increasingly competitive region.

Originally posted here:
Threadneedle launches in Asia with HK office

House prices fall annual 1.9 pct in May

LONDON (Reuters) - House prices in England and Wales fell for an eighth month running in May, leaving them almost two percent lower than a year ago, a survey showed on Monday.

See more here:
House prices fall annual 1.9 pct in May

Scottish Widows said facing billion pound legal claim

LONDON (Reuters) - Life assurer Scottish Widows faces a legal claim for up to 1 billion pounds in compensation over allegations it gave ‘negligent’ advice to pension schemes, the Sunday Times reported.

View original post here:
Scottish Widows said facing billion pound legal claim

Buffett blames banks for credit crisis

MADRID (Reuters) - Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an interview published on Sunday.

Go here to see the original:
Buffett blames banks for credit crisis

Emirates NBD eyes RBS stake in Saudi affiliate

DUBAI (Reuters) - Emirates NBD , the Gulf’s largest lender, said it was interested in buying Royal Bank of Scotland’s (RBS) stake in Saudi Hollandi Bank to tap retail business in the …

More:
Emirates NBD eyes RBS stake in Saudi affiliate

EBK raising capital requirements

LUGANO, Switzerland (Reuters) - The Swiss federal banking regulator EBK is in the process of raising capital reserve requirements for investment banks, its president said in an interview published on Sunday.

View original here:
EBK raising capital requirements