Wed 22nd May 13, 07:12
Benjamin Chiou
FTSE 250-listed asset manager Intermediate Capital, otherwise known as ICG, has unveiled record assets under management (AuM) for 2012/13 but profits dropped sharply as the company didn't exit as many investments during the year.
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Rolls-Royce, the FTSE 100 engineering giant, has won an order from US leasing company CIT Aerospace for Trent XWB engines to power ten Airbus A350 XWB aircraft and Trent 700 engines to power 13 Airbus A330 aircraft. 39 minutes ago
The Bank of Japan has held off on new monetary easing, according to the Financial Times, "judging that the huge stimulus unveiled in April will be enough to spur price gains in the world's third-largest economy". The central bank said that Japan has "started picked up". 48 minutes ago
The dollar rose against major rivals on Wednesday as markets look ahead to the Federal Reserve Chairman Ben Bernanke's view on US economic progress and implications for the central bank's quantitative easing programme. 1 hour ago
Crude oil futures snapped a four-day winning streak on Tuesday and pulled off a seven-week high as investors took a breather ahead of Federal Reserve Chairman Ben Bernanke's testimony and upcoming inventory data. 1 hour ago
- Motion to separate President and CEO roles at JP Morgan defeated 7 hours ago
Motion to separate President and CEO roles at JP Morgan defeated; Bullard (Fed): to do nothing risks deflation; Bullard (Fed): central bank should adjust purchases as data comes in; Dudley (Fed): At some point QE will have to decrease; Dudley (Fed): Not sure of direction for next move 13 hours ago
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