By Hussein Sayyed Since the day that President-elect Donald Trump unexpectedly won the U.S. elections, the sliding gold price has signaled an unanticipated risk on investor mood. Instead of money flowing to safe-haven investments like gold, it appears that the markets are instead taking confidence from the end of uncertainty over who will lead the U.S.
By John Hardy Special to Newsweek Middle East The July 10 elections for the Upper House of Japan’s National Diet saw the ruling coalition score a strong victory, giving Prime Minister Shinzo Abe the two-thirds supermajority he needs to reform Japan’s constitution – perhaps his chief political aim. More interesting for financial markets – and
By John Chalmers and Karen Lema MANILA, March 21 – In February 2013, the Philippines was up against a deadline to amend its Anti-Money Laundering Act and get itself off the ‘grey list’ of a global watchdog, and lawmakers were bickering over whether to include casinos under the legislation. With one day to go, a