Tuesday, February 18, 2014

Breakingviews: FX market isn’t fit for purpose (3:09)



Feb. 18 - Following the Financial Stability Board’s announcement that it will review foreign exchange benchmarks, Breakingviews argues the whole FX business belongs in the dock.

The $70 Trillion Shadow Banking Industry



Feb. 14 (Bloomberg) -- Chinese investors poured funds into trust products last year, boosting such assets to a record $1.8 TRILLION. This comes less than a month after China averted its first trust default in at least a decade. So does shadow banking, particularly in China and India, pose a threat to the global financial system? Rosalind Chin reports. (Source: Bloomberg)

Wealth Strategies: Gold regaining its glitter? (3:50)



Feb. 18 - After a dismal 2013, gold prices are on the way back up. And Sunil Kashyap of Scotiabank expects demand to remain robust in the world's most voracious consumers - China and India.

Can an Apple-Tesla iCar be next? (1:06)



Feb 18 - Apple is reportedly considering getting into electric cars and medical devices as sales of smartphones and tablets begin to slow. Fred Katayama reports