The report that Hong Kong requested the return of its 2 tonnes of gold to be stored in its new vaults and its suggestion that other Asian countries do the same and store their gold with them resulted in a wave of uninformed hype.
Statements like “the move deals a significant blow to London’s historical role [...]

It was a few weeks since I had seen Jim, so I made the mistake of asking him what he had been doing. He replied that he had been thinking about bankruptcy.
I said that I didn’t know his financial situation was that bad. Jim replied that he wasn’t having too much trouble paying his own [...]

On September 19, the United States Securities and Exchange Commission (SEC) abruptly banned short sales of financial stocks to protect companies that had come under siege in the stock market. There have been concerns that short sales are behind the big price slides in the market. Many felt that short sellers had contributed to the [...]

Crude oil prices have risen 46% in 2008 and 800% since November 2001, setting 28 record highs between January 1 and June 13 this year. On that date, it reached $139.12 per barrel and Saudi Arabian Oil Minister Ali al-Naimi said such prices were “unjustified by fundamentals.” An examination shows he’s only partially right:
Increased global [...]