Economic news
Yen strengthens as traders bet on Japan interest rate rises
Currency falls under ¥157 to the dollar after sudden jump overnight
The new rivalry on Wall Street
Competition is growing between banks and proprietary trading firms
Gold’s run isn’t yet done
Fiscal burdens, sovereign buying and positive bond-equity correlation continue to support the precious metal
KPMG warned Guggenheim unit over deficiencies in internal controls
Big Four auditor flagged up flaws in how private investment division accounted for revenue
South Korea’s semiconductor exports just tripled year-over-year. Is it too much of a good thing?
If growth were to slow in the semiconductor sector, would the slowdown take the Korean economy with it?